Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 35,276 ↑ 2.8% since 2020 |
| Median Household Income | $70,829 5% below national median |
| Median Home Value | $246,100 |
| Unemployment Rate | 4.5% |
| Median Age | 39.6 years |
| Housing Vacancy Rate | 8.6% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 8,961 |
| Population (2020) | 9,040 |
| Population Growth | -0.87% |
| Median Household Income | $71,701 |
| Median Home Value | $153,300 |
| Total Housing Units | 4,416 |
| Vacant Housing Units | 676 |
| Housing Vacancy Rate | 15.3% |
| Median Age | 43.2 |
| Bachelor's Degree or Higher | 948 (10.6%) |
| Unemployment Rate | 4.5% |
Market Overview
Marshall County, Minnesota has a population of 8,961, which has declined 0.87% since 2020. The median household income is $71,701, below the national median of $74,580 by 3.9%. The housing vacancy rate of 15.3% suggests soft market conditions. Marshall County remains a key area for land acquisition in Minnesota.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Marshall County, Minnesota?
As of the 2023 American Community Survey, Marshall County has a population of 8,961. The county has declined 0.87% since the 2020 Census.
What is the median household income in Marshall County?
The median household income in Marshall County is $71,701, which is 3.9% below the national median of $74,580.
Is Marshall County growing or shrinking?
Marshall County is shrinking. The population has declined 0.87% since 2020.
What is the housing market like in Marshall County?
The median home value in Marshall County is $153,300. The housing vacancy rate is 15.3%, which suggests soft market conditions. The unemployment rate is 4.5%, reflecting the local economic conditions.
Does Reelvest buy land in Marshall County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Marshall County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.