Marshall County, Iowa Income Statistics
Marshall County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
C
Marshall County Below averageLess wealthy than 78% of counties in Iowa
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marshall County | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,385 | $75,133 | $80,455 |
| Median Personal Income | $49,654 | $57,332 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.0% | 4.8% |
| Six-Figure Earners | 6.9% | 10.5% | 13.9% |
| $200k+ Households | 4.5% | 8.6% | 13.2% |
The median household income in Marshall County is about 2% lower than in Iowa. Income has been growing slower in Marshall County (3.7%/yr) than in Iowa (4.0%/yr).
About 7% of adults in Marshall County earn six figures ($100,000 or more) a year, lower than the Iowa average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Marshall County, Iowa grew by 59.8% from 2009 to 2024, reaching $73,385 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Marshall County
| Metric | Marshall County | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.492 | 0.510 | 0.552 |
| Male Median Income | $55,656 | $66,524 | $69,667 |
| Female Median Income | $44,094 | $52,524 | $56,850 |
| Gender Pay Gap | 20.8% | 21.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Marshall County, it is 0.492, lower than Iowa's 0.510, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 26% more than women's income in Marshall County, Iowa. Over a 35-year career, a 26% wage gap accumulates to roughly $404,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marshall County, Iowa has narrowed from about 23% to 21% in 2024. Over that period the gap was widest at 24% in 2023, and was narrowest at 18% in 2010. In dollar terms, the gap has widened by $1,874 since 2009.
Employment
| Metric | Marshall County | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 3.6% | 5.2% |
| Working from Home | 7.1% | 11.3% | 15.0% |
| Commute time (minutes) | 13 | 16 | 22 |
Approximately 890 people are unemployed in Marshall County, Iowa.
The average commute time in Marshall County is 13 minutes, shorter than the 16 minutes in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marshall County, Iowa has fallen from 7.1% to 4.3% in 2024. Over that period the rate fell as low as 4.0% in 2023.
Marshall County, IA Wealth Compared With Nearby Counties
Marshall County, IA is the 2nd largest of the 6 counties compared here, 40,114 residents against a local median of 16,868. Nothing separates Marshall County, IA sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is income growth, 10% above the local median at 3.7%/yr against 3.4%/yr. Marshall County, IA has the 3rd highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Marshall County, IA | 40,114 | $73,385 #2/6 | 3.7%/yr #3/6 | 4.3% #3/6 | 0.492 #3/6 |
| Jasper County, IA | 37,954 | $70,936 | 3.4%/yr | 5.7% | 0.510 |
| Grundy County, IA | 12,384 | $85,863 | 4.3%/yr | 2.0% | 0.481 |
| Hardin County, IA | 16,639 | $64,879 | 2.6%/yr | 4.3% | 0.496 |
| Story County, IA | 100,466 | $70,594 | 4.0%/yr | 4.8% | 0.571 |
| Tama County, IA | 16,868 | $70,057 | 3.2%/yr | 3.8% | 0.488 |
Conclusion
Considering all these factors, Marshall County, Iowa has an overall wealth index grade of C, making it about on par with Iowa, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marshall County, Iowa.
How Rich Is Marshall County, Iowa?
Marshall County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $73,385, about 2% lower than the Iowa average of $75,133.
How fast is household income rising in Marshall County, Iowa?
Between 2009 and 2024, the median household income in Marshall County, Iowa rose 60%, from $45,913 to $73,385. Over the same years, income here outpaced Iowa as a whole: +60% against +56%.
What was the median household income in Marshall County in 2023?
In 2023, the median household income in Marshall County, Iowa was $72,267, up 2% from $70,662 in 2022. The Iowa median that year was $73,347.
What was the median household income in Marshall County in 2020?
In 2020, the median household income in Marshall County, Iowa was $59,147. By 2024 it had risen 24% to $73,385.
What is the Gini coefficient in Marshall County, Iowa?
The Gini coefficient in Marshall County is 0.492. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Marshall County, Iowa?
Since 2009, the income gap between men and women in Marshall County, Iowa has narrowed from about 23% to 21% in 2024. Over that period the gap was widest at 24% in 2023, and was narrowest at 18% in 2010. In dollar terms, the gap has widened by $1,874 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →