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Marshall Public

Learn about the people, housing, costs and businesses in Marshall Public, Minnesota

Median Home$203,186
Median Rent$850/month
Population25,691
Leading IndustriesManufacturing · Public Administration · Professional Services3% manufacturing
Home Value Growth+8.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners69% of occupied units
Marshall Public
MN

Frequently Asked Questions

What are today's mortgage rates in Marshall Public?

As of today, the 30-year fixed mortgage rate for Marshall Public is approximately 6.966% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Marshall Public?

The median home value in Marshall Public is $203k. The median monthly rent is $850. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marshall Public?

Home values in Marshall Public have increased 8.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Marshall Public?

Based on a typical all-in ownership cost of $912/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marshall Public is $69k/year.

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What industries drive the economy in Marshall Public?

The largest employment sectors in Marshall Public are public administration (27%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.