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All About

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.

Average Rent in Marshalltown

Studio1 Bed2 Bed3 Bed
Oct 19$50$550$1,150$1,200
Sep 19505501,1001,150
Aug 19505501,1001,150
Jul 1975550
Jun 1975550
May 1975550
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Marshalltown

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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