Marshall County, Kentucky 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 averageWealthier than 88% of counties in Kentucky
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marshall County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,559 | $64,312 | $80,455 |
| Median Personal Income | $49,846 | $52,849 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 8.4% | 8.9% | 13.9% |
| $200k+ Households | 5.8% | 7.2% | 13.2% |
The median household income in Marshall County is about 5% higher than in Kentucky. Income has been growing faster in Marshall County (5.1%/yr) than in Kentucky (4.6%/yr).
About 8% of adults in Marshall County earn six figures ($100,000 or more) a year, lower than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Marshall County, Kentucky grew by 60.7% from 2009 to 2024, reaching $67,559 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Marshall County
| Metric | Marshall County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.547 | 0.552 |
| Male Median Income | $61,425 | $60,966 | $69,667 |
| Female Median Income | $44,468 | $49,119 | $56,850 |
| Gender Pay Gap | 27.6% | 19.4% | 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 0.534, lower than Kentucky's 0.547, 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 38% more than women's income in Marshall County, Kentucky. Over a 35-year career, a 38% wage gap accumulates to roughly $593,495 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, Kentucky has narrowed from about 39% to 28% in 2024. Over that period the gap was widest at 39% in 2010, and was narrowest at 23% in 2014. In dollar terms, the gap has widened by $559 since 2009.
Employment
| Metric | Marshall County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.8% | 5.2% |
| Working from Home | 7.9% | 10.2% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 658 people are unemployed in Marshall County, Kentucky.
The average commute time in Marshall County is 20 minutes, about the same as in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marshall County, Kentucky has fallen from 6.3% to 4.5% in 2024. Over that period the rate peaked at 8.8% in 2013 and fell as low as 3.0% in 2022.
Marshall County, KY Wealth Compared With Nearby Counties
Marshall County, KY is typical in size for this group, 31,743 residents against a local median of 36,630, so the measures below are close to a like for like comparison. Marshall County, KY's unemployment, at 4.5%, runs 32% above the 3.4% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 1.6% on unemployment, so Marshall County, KY sits at one end of an already wide local range rather than apart from it. Marshall County, KY has the 6th 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, KY | 31,743 | $67,559 #1/6 | 5.1%/yr #2/6 | 4.5% #6/6 | 0.534 #2/6 |
| Calloway County, KY | 38,226 | $53,083 | 4.7%/yr | 4.4% | 0.561 |
| Lyon County, KY | 8,900 | $66,537 | 4.4%/yr | 2.9% | 0.599 |
| Livingston County, KY | 8,899 | $59,340 | 3.9%/yr | 4.2% | 0.513 |
| Graves County, KY | 36,630 | $50,878 | 3.0%/yr | 3.4% | 0.552 |
| McCracken County, KY | 67,525 | $66,255 | 5.7%/yr | 3.2% | 0.542 |
Conclusion
Considering all these factors, Marshall County, Kentucky has an overall wealth index grade of C, making it somewhat better than Kentucky, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marshall County, Kentucky.
How Rich Is Marshall County, Kentucky?
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 $67,559, about 5% higher than the Kentucky average of $64,312.
How fast is household income rising in Marshall County, Kentucky?
Between 2009 and 2024, the median household income in Marshall County, Kentucky rose 61%, from $42,034 to $67,559. Over the same years, income here outpaced Kentucky as a whole: +61% against +56%.
What was the median household income in Marshall County in 2023?
In 2023, the median household income in Marshall County, Kentucky was $64,181, about the same as in 2022. The Kentucky median that year was $62,783.
What was the median household income in Marshall County in 2020?
In 2020, the median household income in Marshall County, Kentucky was $58,117. By 2024 it had risen 16% to $67,559.
What is the Gini coefficient in Marshall County, Kentucky?
The Gini coefficient in Marshall County is 0.534. 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, Kentucky?
Since 2009, the income gap between men and women in Marshall County, Kentucky has narrowed from about 39% to 28% in 2024. Over that period the gap was widest at 39% in 2010, and was narrowest at 23% in 2014. In dollar terms, the gap has widened by $559 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 →