Marshall town, Indiana Demographics & Population 2026

Population Overview

Marshall town is a small community located in Indiana, within Lawrence County. The total population is 340. It ranks as the 582nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Marshall town is 48.2 years. This is 27% higher than the state median of 38.0 years. Only 12.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Marshall town is $34,167. This is 51% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 56% lower. The poverty rate stands at 6.3%. This is 49% lower than the state poverty rate of 12.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $84,600. Housing costs are 58% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Marshall town is one of the most affordable housing markets in the area. 56.9% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Marshall town is White (non-Hispanic), making up 80.6% of the population. Black or African American residents account for 18.5%. The Black or African American population is significantly higher than the state average (18.5% vs 9.1%).

Education

5.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.

Data Sources & Methodology

All demographic data for Marshall town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.