Marshalltown
Iowa
City👥
Population
27,491
🎂
Median Age
35.7 yrs
💰
Median Income
$68,854
🏠
Median Home Price
$117,100
About Marshalltown
Nestled in the heart of central Iowa along the Iowa River, Marshalltown has a way of surprising newcomers. It's the kind of place where you can own a real home, build a real career, and actually know your neighbors — all without the chaos of a big city. As the seat of Marshall County and…
Nestled in the heart of central Iowa along the Iowa River, Marshalltown has a way of surprising newcomers. It’s the kind of place where you can own a real home, build a real career, and actually know your neighbors — all without the chaos of a big city. As the seat of Marshall County and home to roughly 27,500 people, Marshalltown punches above its weight in terms of what it offers residents. If you’re weighing a move here, this guide will give you an honest, ground-level look at what life in Marshalltown is really like.
A City That Fits Multiple Lifestyles
With a median age of just 35.7, Marshalltown skews younger than many Midwestern cities its size, and that energy is reflected in the community’s diversity and ambition. The city has a notably vibrant Latino community, which has enriched the local food scene and cultural fabric in meaningful ways. Neighborhoods range from the established, tree-lined streets of the South Side — popular with families and longtime residents — to more affordable areas on the North Side that attract first-time buyers. Downtown Marshalltown has seen genuine revitalization efforts, with the historic courthouse square serving as a civic anchor and gathering point. The city is compact enough to feel connected but large enough to offer real variety in housing, schools, and social life.
Cost of Living and Housing
This is where Marshalltown truly shines for people relocating from larger metros. The median home price sits around $117,100, which is remarkably low compared to national averages and even many Iowa cities. For that price, you’re not looking at a starter apartment — you’re looking at a genuine house with a yard. Combined with a median household income of approximately $68,854, the math works out favorably for most working families. Renters also benefit from below-average costs, with decent options available near downtown and along Linn Creek. Groceries, utilities, and everyday expenses all track lower than national norms, giving residents more breathing room in their monthly budgets than they might expect.
Employment and Economy
Marshalltown has a strong manufacturing backbone, and that’s not a drawback — it’s a foundation. Fisher Controls International, a division of Emerson, is one of the city’s anchor employers and has operated here for well over a century, offering skilled manufacturing and engineering positions with competitive wages. JBS USA, a major pork processing facility, is another significant employer that supports a large portion of the workforce. Beyond manufacturing, UnityPoint Health — Marshalltown provides healthcare employment, and the local school district is a substantial public sector employer. For entrepreneurs, the Marshall County Development Commission actively works to attract and support new businesses, and the downtown area has seen new locally owned restaurants and shops take root in recent years.
Lifestyle and Recreation
Outdoor enthusiasts will appreciate the Linn Creek Greenbelt, a trail system that winds through wooded corridors along the creek and connects several parks. Riverview Park offers sports fields, picnic areas, and river access, while Grimes Farm and Conservation Center gives families and nature lovers a genuine natural escape just outside town. The Marshalltown Community College adds cultural programming, athletics, and continuing education opportunities that benefit the broader community. Local dining has real personality, particularly along Main Street and State Avenue, where you’ll find everything from authentic Mexican taquerias to longtime Iowa supper clubs. The community calendar stays busy with events at the courthouse square and seasonal farmers markets.
The Bottom Line
Marshalltown isn’t trying to be Des Moines, and that’s exactly the point. It’s a city with a strong sense of identity, affordable housing that actually lets you build equity, steady employment opportunities, and a community that’s more welcoming than people might assume. If you value financial breathing room, genuine community connection, and a central Iowa location that keeps larger cities within easy driving distance, Marshalltown deserves serious consideration. Come with realistic expectations and an open mind — most people who do find themselves staying far longer than they planned.
🏠 Housing & Cost of Living
Median Home Price
$117,100
Median Rent
$864
Homeownership Rate
66.9%
💼 Employment & Economy
Unemployment Rate
4.5%
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Quick Facts
- Population
- 27,491
- Diversity Index
- 33.9
- Land Area
- 19.2 sq mi
- Population Density
- 1,432/sq mi
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