Housing data for Marshall Township, IN
Marshall Township, IN has an estimated 4,554 residents and 1,979 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Lawrence County.
4.5% of households rent.
The median gross rent is $940 a month.
Its population shrank measurably since 2015–2019 (−1.2%).
Figures last updated on .
- Residents
- 4,554 (±29)
- Housing units
- 1,979 (±169)
- Households that rent
- 4.5%
- Median gross rent
- $940
- Residents since 2015–2019
- −1.2%
What stands out in Marshall Township
Households that rent: 4.5% (±2.3 points) in Marshall Township, lower than in Lawrence County (19.3%).
Median household income: $98,750 (±$23,350) in Marshall Township, higher than in Lawrence County ($66,468).
Homes in buildings of 5 or more units: 0.5% (±2.8 points) in Marshall Township, lower than in Lawrence County (5.8%).
Median home value: $231,700 (±$11,548) in Marshall Township, higher than in Lawrence County ($175,000).
- Income and affordability in Marshall Township
- Types of homes in Marshall Township
- Home values in Marshall Township
Housing in Marshall Township at a glance
- Median rent: $940 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 16.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 4.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $98,750 median household income
- Home values: $231,700 median home value
- Homeowner costs: $1,373 median monthly cost with a mortgage
- Property taxes: $1,046 median real estate taxes a year
- Types of homes: 0.5% of homes are in buildings of 5 or more units
- Bedrooms: 75.0% of homes have 3 or more bedrooms
- Age of homes: 43.8% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 34.6% heat with utility gas
- Commute and cars: 25.7 minutes average trip to work
- Growth: −1.2% residents since 2015–2019
- How long people stay: 13.6% moved in since 2020
- Crowding and facilities: 1.8% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,050 Small Area FMR, 2 bedrooms (ZIP 47420)
Marshall Township against Lawrence County, its state and the nation
| Marshall Township | Lawrence County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 4,554 (±29) | 45,102 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 1,979 (±169) | 20,545 (±46) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 4.5% (±2.3 points) | 19.3% (±1.7 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $940 (±$428) | $845 (±$31) | $1,062 (±$5) | $1,413 |
| Median household income | $98,750 (±$23,350) | $66,468 (±$3,421) | $71,957 (±$352) | $80,734 |
| Median home value | $231,700 (±$11,548) | $175,000 (±$10,570) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,046 (±$186) | $1,049 (±$81) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 43.8% (±10.1 points) | 58.2% (±3.8 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 25.7 minutes (±3.9) | 27.2 minutes (±1.6) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.5% (±4.8 points) | 84.1% (±2.1 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 46.4 years (±4.7) | 43.3 years (±0.4) | 38.1 years (±0.2) | 38.9 years |
Marshall Township covers 36.3 square miles of land, about 125 residents per square mile (Census Bureau Gazetteer).
How Marshall Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,609 (±17) | 4,554 (±29) | −1.2% | Measurable decrease |
| Housing units | 2,089 (±199) | 1,979 (±169) | −5.3% | Not a measurable change |
| Median gross rent | $779 (±$103) | $940 (±$428) | +20.7% | No measurable change after inflation |
| Median home value | $132,600 (±$34,261) | $231,700 (±$11,548) | +74.7% | Up after inflation |
| Median household income | $64,315 (±$11,943) | $98,750 (±$23,350) | +53.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,185 (±$227) | $1,373 (±$63) | +15.9% | No measurable change after inflation |
| Median real estate taxes | $1,039 (±$198) | $1,046 (±$186) | +0.7% | No measurable change after inflation |
| Households that rent | 20.4% (±8.2 points) | 4.5% (±2.3 points) | −15.9 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±8.1 points) | 0.0% (±34.2 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lawrence County
Marshall Township has no police department of its own in the FBI’s figures, so this is the figure for Lawrence County as a whole.
In 2024, the police departments that report for Lawrence County recorded 118 violent and 179 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Marshall Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 47420 | 100% | 89 | — | — | $113,333 |
| 47421 | 18% | 27,599 | $835 | $188,100 | $68,108 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Marshall Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Oolitic | 3.1 mi | $814 | $138,200 | 32.5% |
| Bedford | 5.0 mi | $828 | $152,400 | 32.8% |
| Shawswick Township | 6.2 mi | $825 | $165,300 | 25.3% |
| Clear Creek Township (Monroe County) | 7.3 mi | $1,181 | $256,200 | 10.5% |
| Indian Creek Township (Lawrence County) | 7.3 mi | $1,284 | $187,800 | 16.7% |
| Perry Township (Lawrence County) | 7.6 mi | $728 | $193,500 | 8.2% |
| Pleasant Run Township | 8.3 mi | $969 | $204,500 | 16.2% |
| Smithville-Sanders | 8.8 mi | $1,123 | $259,100 | 16.1% |
Places in Indiana most like Marshall Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Riley Township | $868 | $273,300 | $97,300 | 9.0% |
| Springfield Township (Allen County) | $988 | $276,700 | $85,287 | 9.2% |
| Franklin Township (Floyd County) | $791 | $250,600 | $91,477 | 5.4% |
| Monroe Township (Clark County) | $932 | $263,900 | $90,733 | 10.4% |
| Jackson Township (Clay County) | $952 | $226,700 | $95,590 | 10.7% |
| Franklin Township (Harrison County) | $785 | $258,000 | $95,686 | 9.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for Marshall Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $768 | $784 | $1,026 | $1,222 | $1,572 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Marshall Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,050 | $31,750 | $50,750 |
| 2 people | $21,800 | $36,250 | $58,000 |
| 3 people | $27,320 | $40,800 | $65,250 |
| 4 people | $33,000 | $45,300 | $72,500 |
| 5 people | $38,680 | $48,950 | $78,300 |
| 6 people | $44,360 | $52,550 | $84,100 |
| 7 people | $50,040 | $56,200 | $89,900 |
| 8 people | $55,720 | $59,800 | $95,700 |
These are the limits HUD sets for its housing programs in the Lawrence County, IN, where HUD’s median family income for fiscal year 2026 is $90,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Marshall Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Marshall Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Marshall Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Marshall Township, and send estimates and invoices from your phone.
Questions about Marshall Township
What is the median household income in Marshall Township?
The median household income in Marshall Township is $98,750 (±$23,350) a year (2020–2024 American Community Survey).
What is the average home value in Marshall Township, IN?
The Census Bureau publishes the median: $231,700 (±$11,548) for owner-occupied homes in Marshall Township (2020–2024 American Community Survey).
What is the average mortgage payment in Marshall Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Marshall Township, IN is $1,373 (±$63) a month, including taxes, insurance and utilities.
How much are property taxes in Marshall Township?
The median real estate tax paid by homeowners in Marshall Township, IN is $1,046 (±$186) a year (2020–2024 American Community Survey).
How many homes are in Marshall Township?
Marshall Township, IN has an estimated 1,979 (±169) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Marshall Township?
The most common size is 3 bedrooms, 54.7% of homes in Marshall Township, IN.
Is Marshall Township growing?
In Marshall Township, the number of residents went from 4,609 in 2015–2019 to 4,554 in 2020–2024 (−1.2%), a measurable decrease.
What ZIP codes are in Marshall Township?
The ZIP codes that cover Marshall Township are 47420, 47421.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Marshall township, Lawrence County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Lawrence County, IN
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Lawrence County, IN
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Marshall township, Lawrence County, Indiana (county subdivision:47304, in state:18 county:093).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .