Apartments for rent in Marshalltown, IA

The small city of Marshalltown, Iowa is home to just under 28,000 residents. Families with young children will feel right at home, as kids under 5 account for an above-average percentage of the population, though retirees also show up in large numbers. Overall, the city's population, at an average age of just over 38, skews younger than most cities in Iowa. The majority of Marshalltown residents own their homes, and 36% of residents rent. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $715 per month. Over the course of a year, renters in Marshalltown will save around $1,100 compared to the state average.

Eight percent of Marshalltown residents over the age of 25 possess a Bachelor's degree, while 3% have earned a Master's or Doctoral degree. There are three primary industries in Marshalltown: manufacturing, healthcare, and retail. Together, these industries make up 26% of the workforce in the city. Meanwhile, in terms of job function, many residents work in transportation, as 10% of the city's population reports this as their field of work, the highest number of any career path. Marshalltown workers earn an average annual income of about $58K, around $9,000 less than the state average. The city's average income also trails the national average of $73,345.

With an average commute time of about 17 minutes, quicker than most cities in Iowa, Marshalltown residents have found that it isn't overly time-consuming to get to work. Many residents (41%) commute to work by car or truck, while public transit is not extensively used. Walking (2%) isn't a common means of commuting to work, though the number surpasses the national average.