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Marshall County, Indiana Demographics 2026

Marshall County, Indiana has a population of 46,225, the 32nd most populous county in Indiana. The median household income is $68,041 and the median home value is $184,500. The poverty rate is 10.9%.

Marshall County Quick Facts

Population 46,225
Median Household Income $68,041
Median Home Value $184,500
Poverty Rate 10.9%
Unemployment Rate 2.8%
Median Age 39.6 years
Homeownership Rate 76.5%
Affordability Ratio 2.7x
Bachelor's Degree+ 20.4%
High School Graduation 86.1%
Cities/Places 1
Population 46,225 32nd of 92
Median Income $68,041 3% lower state
Poverty Rate 10.9%
Unemployment 2.8%

Economy & Housing

Employment

2.8% Unemployment Rate State: 4.3% | National: 5.2%
62.4% Labor Force Participation

Housing Overview

Owner 76.5%
Renter 23.5%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Cities & Places in Marshall County

CityPopulationMedian IncomePovertyHome Value
Bourbon town1,816$71,37511.0%$156,800

Population Overview

Marshall County is located in Indiana with a total population of 46,225. It is the 32nd most populous county out of 92 in Indiana. The county encompasses 1 Census-designated place.

Age Demographics

The median age in Marshall County is 39.6 years. This is 4% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Marshall County is $68,041. This is 3% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 10.9%. This is 10% lower than the state poverty rate of 12.2%. The unemployment rate is 2.8%. This is 34% lower than the state rate of 4.3%. The median home value is $184,500. Housing costs are 8% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.7x, Marshall County is one of the most affordable housing markets in the area. 76.5% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 70.3%.

Race & Ethnicity

Marshall County has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Hispanic or Latino residents account for 11.6%. The Black or African American population (0.5%) is well below the state average of 9.1%. The Asian population (0.7%) is well below the state average of 2.5%.

Education

20.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% 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 86.1%.

Frequently Asked Questions

What is the population of Marshall County, Indiana?

Marshall County has a population of 46,225, making it the 32nd most populous county in Indiana.

What is the median income in Marshall County?

The median household income in Marshall County is $68,041 with a poverty rate of 10.9%.

How many cities are in Marshall County, Indiana?

Marshall County contains 1 Census-designated place.