Home/Minnesota/Marshall County

Marshall County Housing Market

Minnesota · 87 counties · Ranked #1202 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$153,300

vs national$153,300 vs $281,900 national

Median Gross Rent

$737/mo

vs national$737 vs $1,163 national

Effective Tax Rate

0.83%

vs national0.83% vs 1.02% national

Median Household Income

$71,701

vs national$71,701 vs $74,755 national

Affordability Ratio

2.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,271

Tax as % of Home Value

0.83%

Monthly Owner Cost

$791

Renter Income

$40,000

Frequently Asked Questions

What is the median home value in Marshall County?
The median home value in Marshall County is $153,300. This is below the national median of $281,900.
How much is rent in Marshall County?
The median gross rent in Marshall County is $737 per month.
What is the property tax rate in Marshall County?
The effective property tax rate in Marshall County is 0.83%. The median annual property tax bill is $1,271.
Is Marshall County affordable?
With a home-value-to-income ratio of 2.1x, Marshall County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.