Apartments for rent in Marshall, MI

The small town of Marshall, Michigan is home to just over 7,000 residents. Retirees account for a greater percentage of the population (22%) here than nationally (14%), while young adults are less well-represented. Overall, the town's residents, at an average age of just under 43, are older than most cities in Michigan. Most residents own their homes in Marshall, and 37% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $791/month. Over the course of a year, renters in Marshall will save around $1000 compared to the state average.

Marshall has a relatively high concentration of residents older than 25 who have advanced degrees compared to the national average (7%), as 8% have earned a Master's or a Doctorate. Furthermore, 13% possess a Bachelor's degree. Many Marshall residents work in one of four industries: healthcare, retail, manufacturing, and entertainment. Together, these industries account for 30% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in transportation, making it the top career path in the town. Marshall workers earn an average annual income of about $58,000, slightly less than the average Michigan resident. The town's average income also trails the national average of $73,345.

Marshall residents have an average commute of about 21 minutes, outperforming the state average of about 25 minutes. Driving a car or truck is the prevailing means of commuting to work, selected by 38% of residents, while public transit is not used. A small percentage of residents (2%) walk to work, though the number exceeds the national average.