Marshall County, Indiana 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.
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C
Marshall County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marshall County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,929 | $71,967 | $80,455 |
| Median Personal Income | $52,185 | $55,757 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.5% | 4.8% |
| Six-Figure Earners | 7.1% | 10.2% | 13.9% |
| $200k+ Households | 5.2% | 8.2% | 13.2% |
The median household income in Marshall County is about the same as in Indiana. Income has been growing faster in Marshall County (4.8%/yr) than in Indiana (4.5%/yr).
About 7% of adults in Marshall County earn six figures ($100,000 or more) a year, lower than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Marshall County, Indiana grew by 41.9% from 2009 to 2024, reaching $71,929 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Marshall County
| Metric | Marshall County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.524 | 0.534 | 0.552 |
| Male Median Income | $61,364 | $65,086 | $69,667 |
| Female Median Income | $48,428 | $51,220 | $56,850 |
| Gender Pay Gap | 21.1% | 21.3% | 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 0.524, lower than Indiana's 0.534, 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 27% more than women's income in Marshall County, Indiana. Over a 35-year career, a 27% wage gap accumulates to roughly $452,760 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, Indiana has narrowed from about 33% to 21% in 2024. Over that period the gap was narrowest at 21% in 2022. In dollar terms, the gap has narrowed by $1,472 since 2009.
Employment
| Metric | Marshall County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.3% | 5.2% |
| Working from Home | 5.8% | 10.7% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 588 people are unemployed in Marshall County, Indiana.
The average commute time in Marshall County is 18 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marshall County, Indiana has fallen from 8.8% to 2.6% in 2024. Over that period the rate peaked at 10.5% in 2013.
Marshall County, IN Wealth Compared With Nearby Counties
Marshall County, IN is the 4th largest of the 6 counties compared here, 46,284 residents against a local median of 80,442. Marshall County, IN's unemployment, at 2.6%, runs 29% below the 3.6% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 4.0% on unemployment, so Marshall County, IN sits at one end of an already wide local range rather than apart from it. Marshall County, IN has the lowest unemployment 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, IN | 46,284 | $71,929 #2/6 | 4.8%/yr #2/6 | 2.6% #1/6 | 0.524 #3/6 |
| Fulton County, IN | 20,312 | $61,794 | 3.8%/yr | 6.8% | 0.520 |
| St. Joseph County, IN | 273,015 | $66,946 | 4.8%/yr | 5.2% | 0.541 |
| Starke County, IN | 23,365 | $63,863 | 5.0%/yr | 3.4% | 0.535 |
| Kosciusko County, IN | 80,442 | $75,405 | 4.0%/yr | 2.8% | 0.509 |
| Elkhart County, IN | 207,132 | $69,750 | 4.3%/yr | 3.6% | 0.528 |
Conclusion
Considering all these factors, Marshall County, Indiana has an overall wealth index grade of C, making it about on par with Indiana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marshall County, Indiana.
How Rich Is Marshall County, Indiana?
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 $71,929, close to the Indiana average of $71,967.
How fast is household income rising in Marshall County, Indiana?
Between 2009 and 2024, the median household income in Marshall County, Indiana rose 42%, from $50,694 to $71,929. Over the same years, income here lagged behind Indiana as a whole: +42% against +52%.
What was the median household income in Marshall County in 2023?
In 2023, the median household income in Marshall County, Indiana was $68,888, up 4% from $66,104 in 2022. The Indiana median that year was $70,115.
What was the median household income in Marshall County in 2020?
In 2020, the median household income in Marshall County, Indiana was $55,027. By 2024 it had risen 31% to $71,929.
How strong is the job market in Marshall County, Indiana?
Unemployment in Marshall County, Indiana is only 2.6%, well below the Indiana rate of 4.3%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Marshall County, Indiana?
The Gini coefficient in Marshall County is 0.524. 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, Indiana?
Since 2009, the income gap between men and women in Marshall County, Indiana has narrowed from about 33% to 21% in 2024. Over that period the gap was narrowest at 21% in 2022. In dollar terms, the gap has narrowed by $1,472 since 2009.
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