Marshall, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Marshall, Indiana had a total population of 266, the 646th largest town in Indiana, with a median household income of $65,625, which is 9% lower than the state average. The poverty rate is 13.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 6.7% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.3x.
Marshall Quick Facts
How Marshall Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 340 | 266 | -21.8% |
| Median household income | $34,167 | $65,625 | +92.1% |
| Median home value | $84,600 | $85,000 | +0.5% |
How Marshall Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Marshall Rankings in Indiana
Explore Indiana Rankings
Other Cities in Parke County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Rockville | 2,559 | $57,083 | 20.4% | $99,600 |
| Montezuma | 881 | $56,974 | 20.2% | $80,400 |
| Rosedale | 609 | $50,655 | 20.0% | $99,000 |
| Mecca | 607 | $39,926 | 19.0% | $52,300 |
| Bloomingdale | 324 | $58,500 | 14.9% | $97,500 |
Cities Similar to Marshall
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Tocsin | 266 | N/A | N/A | 5.5% | 0.0% |
| Merriam | 268 | N/A | $206,600 | 22.0% | 1.1% |
| Forest | 259 | N/A | $84,600 | 0.0% | 18.1% |
| Freetown | 277 | N/A | $168,300 | 0.0% | 14.1% |
| Hartsville | 277 | $64,375 | $147,300 | 14.9% | 7.2% |
A note before these figures: with a population of 266, Marshall's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Marshall is a small community located in Indiana, within Parke County. The total population is 266. It ranks as the 646th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Marshall is 39.3 years. This is 3% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Marshall is $65,625. This is 9% lower than the state median of $71,957. It is also 19% lower than the national median of $80,734. The poverty rate stands at 13.2%. This is 7% higher than the state poverty rate of 12.3%. The survey records no unemployed residents in Marshall, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $85,000. Housing costs are 61% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.3x, Marshall is one of the most affordable housing markets in the area. 84.4% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 70.5%.
Race & Ethnicity
Marshall has a predominantly White (non-Hispanic) population, comprising 97.4% of all residents. Black or African American residents account for 1.5%. The Black or African American population (1.5%) is well below the state average of 9.1%.
Education
6.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.7%.
Data Sources & Methodology
All demographic data for Marshall, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Marshall, Indiana?
Marshall, Indiana has a population of 266 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Marshall, IN?
The median household income in Marshall is $65,625, which is 19% lower than the national median of $80,734.
What is the poverty rate in Marshall, IN?
The poverty rate in Marshall is 13.2%. This means approximately 35 residents live below the federal poverty line.
What is the racial makeup of Marshall, Indiana?
Marshall's population is 97.4% White, 1.5% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Marshall, IN?
The median home value in Marshall is $85,000. The home-value-to-income ratio is 1.3x.
How educated is Marshall, Indiana?
6.7% of adults (25+) in Marshall hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.