Skip to main content

Working + Living

In Marshalltown, Iowa

Quality of life is the foundation of Marshalltown. Affordability, public safety, cultural diversity and community engagement are just part of the formula that makes this a great place to put down roots. With incredible career opportunities and a cost of living that is one the lowest in the nation, Marshalltown continues to grow and build. Top ranked schools, family entertainment, cultural and faith-based organizations add to the list of reasons so many are choosing to call Marshalltown home.

Marshalltown Water Towe
Decorative Color Shape

Community Profile

One visit to Marshalltown and you’ll realize there’s something special going on here. We’ve been growing, building, rebuilding and continuing to establish a community like no other. But, if you need more convincing, we’ve got some pretty compelling numbers.

Marshalltown Postcard Mural
Decorative Color Shape

Population

27,433

Marshalltown

39,879

Marshall County

Age

Under 18

26.3%

18-64

44.2%

65+

17.9%

Ethnicity

White

59.5%

Hispanic

31%

Other

5.3%

Asian

4.6%

Black

1.7%

Source: U.S. Census Bureau; Zillow, May 2023

Average Home Values

146K
Marshalltown

$169K

Davenport

$190K

Cedar Rapids

$196K

Des Moines

$260K

Ames

$283K

Iowa City

Home Owners

Renters

Owning a great home is not just a possibility in Marshalltown, it’s a reality. Marshalltown has a rich architectural history. You can own a piece historically significant design and craftsmanship for a fraction of what you might pay in a larger community. Marshalltown is also building new housing communities in response to incredible growth.

Economic Profile

No town is entirely recession proof, but Marshalltown comes pretty close. More large employers across a diverse landscape of industry are recognizing communities like Marshalltown as a great opportunity to build a quality workforce in smalltown America.

Employment

795
Total Employer Establishments
1,865
Total Nonemployer Establishments

603.2M

Total Annual Payroll

Unemployment Rate

Gross Domestic Product

1.78B
2021
1.70B
2019
1.69B
2015
1.66B
2010
Decorative Color Shape
Lennox Manufacturing
Decorative Color Shape
Fisher Controls

Workforce

Manufacturing

27.6%

All Other

21.4%

Health Care

16.7%

Retail Trade

10.9%

Educational Services

9.6%

Accommodations & Food Service

6.3%

Public Administrative & Waste Management

3.7%

Average Weekly Wage By Industry

Industry
Locations
Avg. Weekly Wage
Wholesale Trade
70
$2,529
Finance & Insurance
63
$1,421
Construction
100
$1,306
Transportation & Warehousing
49
$983
Educational Services
35
$938
Retail Trade
113
$596
Industry
Locations
Avg. Weekly Wage
Manufacturing
44
$1,486
Professional, Scientific and Technical Services
75
$1,407
Public Administration
42
$1,126
Health Care & Social Assistance
126
$981
Administrative & Waste Management
51
$778
Accommodations & Food Service
80
$366

Build Your Career in Marshalltown

Industries spanning manufacturing, healthcare, education, technology, to name a few, are arriving and expanding in Marshalltown providing great career opportunities at all levels. Whether you’re just starting out or are making a career change, the Marshalltown job market is a great place to start.