Home/Tennessee/Marshall County

Marshall County Housing Market

Tennessee · 95 counties · Ranked #2336 in home value

Below National Avg

Housing at a Glance

Median Home Value

$246,100

vs national$246,100 vs $281,900 national

Median Gross Rent

$924/mo

vs national$924 vs $1,163 national

Effective Tax Rate

0.54%

vs national0.54% vs 1.02% national

Median Household Income

$70,829

vs national$70,829 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,334

Tax as % of Home Value

0.54%

Monthly Owner Cost

$885

Renter Income

$39,708

Frequently Asked Questions

What is the median home value in Marshall County?
The median home value in Marshall County is $246,100. This is below the national median of $281,900.
How much is rent in Marshall County?
The median gross rent in Marshall County is $924 per month.
What is the property tax rate in Marshall County?
The effective property tax rate in Marshall County is 0.54%. The median annual property tax bill is $1,334.
Is Marshall County affordable?
With a home-value-to-income ratio of 3.5x, Marshall County is moderately 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.