Cost of Living

Interested in knowing more about the cost of living in our community? 


To help you make some comparisons, we've put together just a few statistics:

Average Home Sale Price (year ended December 2006) - $134,000
Average Days on the Market - 121
Median Home Sale Price - $134,000
State income tax rate - up to 7.85%
State Sales tax rate - 6.5% (food and clothing exempt)
Local sales tax rate - None
Property tax rates - Click here for more details
Average Household Income - $53,077 (2006 data)

Cost of Living Index (US Average =100) - 90.44*

*ACCRA (American Chamber of Commerce Researchers Association), a national source for the comparative prices of goods and services, does not compile cost of living information on communities as small as Marshall.  (The index is conducted quarterly in over 300 participating cities and is based on 59 standardized items chosen to reflect the different categories of consumer expenditure patterns for middle-management households.)  The cost of living index estimate presented here is provided by HomeFair City Reports.

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