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Marshalltown city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Marshalltown city, Iowa has a total population of 27,491, the 16th largest city in Iowa, with a median household income of $68,854, which is 6% lower than the state average. The poverty rate is 14.0%.

Key Takeaways

Marshalltown city Quick Facts

Population 27,491
Median Household Income $68,854
Median Home Value $117,100
Poverty Rate 14.0%
Unemployment Rate 4.5%
Median Age 35.7 years
Homeownership Rate 66.9%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 19.7%
High School Graduation Rate 82.1%
Diversity Index 57/100
Population 27,491 16th of 1,018
Median Income $68,854 above average
Poverty Rate 14.0% 13% higher national
Median Home Value $117,100 average

How Marshalltown city Compares

Economy & Housing

Employment

4.5% Unemployment Rate State: 3.6% | National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 66.9%
Renter 33.1%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 30 | National average: 60

Education

Marshalltown city Rankings in Iowa

#16 Population of 1,018
#380 Median Income of 1,018
#401 Education of 1,018
#449 Home Value of 1,018

Cities Similar to Marshalltown city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mason City city27,135$62,369$130,00021.3%10.6%
Fort Dodge city24,788$61,769$128,90020.1%14.4%
Ottumwa city25,352$56,994$92,40020.1%18.9%
Coralville city22,846$66,508$286,00057.3%12.3%
Clinton city24,425$57,493$115,40021.6%18.2%

Population Overview

Marshalltown city is a mid-sized community located in Iowa. The total population is 27,491. It ranks as the 16th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Marshalltown city is 35.7 years. This is 8% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Marshalltown city is $68,854. This is 6% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 14.0%. This is 28% higher than the state poverty rate of 11.0%. The unemployment rate is 4.5%. This is 24% higher than the state rate of 3.6%. The median home value is $117,100. Housing costs are 40% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.7x, Marshalltown city is one of the most affordable housing markets in the area. 66.9% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Marshalltown city is White (non-Hispanic), making up 56.0% of the population. Hispanic or Latino residents account for 33.1%. The Hispanic or Latino population is significantly higher than the state average (33.1% vs 7.0%). The Asian population is significantly higher than the state average (5.1% vs 2.4%).

Education

19.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.1%.

Data Sources & Methodology

All demographic data for Marshalltown city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Marshalltown city, Iowa?

Marshalltown city, Iowa has a population of 27,491 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Marshalltown city, IA?

The median household income in Marshalltown city is $68,854, which is 12% lower the national median of $78,538.

What is the poverty rate in Marshalltown city, IA?

The poverty rate in Marshalltown city is 14.0%. This means approximately 3,693 residents live below the federal poverty line.

What is the racial makeup of Marshalltown city, Iowa?

Marshalltown city's population is 56.0% White, 2.0% Black, 33.1% Hispanic/Latino, and 5.1% Asian.

What is the median home value in Marshalltown city, IA?

The median home value in Marshalltown city is $117,100. The home-value-to-income ratio is 1.7x.

How educated is Marshalltown city, Iowa?

19.7% of adults (25+) in Marshalltown city hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.