The typical owner-occupied home in Marshall County is worth about $127,700, 41% below the Kansas median of $217,200 and 62% below the national median of $332,700. Owners pay a median $1,574 a year in property taxes, about 1.23% of their home's value, close to the Kansas rate of 1.29%. The median household earns $68,419 a year, so the median home costs 1.9 times the median income (2.9 times for Kansas). 80% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Marshall County at a glance
| Marshall County | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $127,700 | $217,200 | $332,700 |
| Median property tax paid per year | $1,574 | $2,798 | $3,119 |
| Property tax as a share of value | 1.23% | 1.29% | 0.94% |
| Median household income | $68,419 | $74,275 | $80,734 |
| Homes lived in by their owners | 80% | 67% | 65% |
| Owner homes with a mortgage | 42% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,285 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 19.4% | 21.0% |
| Median rent | $690 | $1,060 | $1,413 |
| Rent as a share of renters' income | 29.8% | 27.1% | 30.6% |
| Median year homes were built | 1959 | 1976 | 1980 |
| Vacant homes | 12.1% | 9.2% | 10.1% |
| Population | 9,993 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Marshall County
At this week's average 30-year rate of 7.11%, buying the median Marshall County home of $127,700 with 20% down costs about $871 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,084, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $37,343 for the 20%-down payment. That payment is 15% of the median Marshall County household income of $68,419; at that income and 20% down, the 28% guideline points to a home of about $234,000.
The median rent here is $690 a month, so owning the median home costs about $181 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $25,540 |
|---|---|
| Loan amount | $102,160 |
| Principal and interest | $687 |
| Property taxes (1.23% a year) | $131 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $871 |
Change the numbers in the calculator
| Down payment | $4,470 |
|---|---|
| Loan amount | $125,387 |
| Principal and interest | $843 |
| Property taxes (1.23% a year) | $131 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $1,084 |
Change the numbers in the calculator
Questions about home buying in Marshall County
What is the median home value in Marshall County?
About $127,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marshall County?
Homeowners pay a median $1,574 a year, which is about 1.23% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Marshall County?
For the median home with 20% down at 7.11%, the payment is about $871 a month. Keeping that under 28% of gross income takes about $37,343 a year.
More about Marshall County
- Mortgage Refinance in Marshall County
- Debt Relief in Marshall County
- Home Equity Loans in Marshall County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data