Quick facts: Marshall, AR

Quick Facts

92.7
Cost of Living
below US average
1,339
Population
11.95
Crime Rate per 1000
below US average
$28,290
Median Income
below US average
$198,000
Median House Price
above US average
$1228
Average Rent
below US average
16%
Poverty Rate
above US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $28,290.

🏠

Income Needed to Buy

βœ— Stretch
$62k/year
Based on $198,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $62k vs median $28,290
🏒

Income Needed to Rent

⚠ Stretch
$53k/year
Based on $1228/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $53k vs median $28,290
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Marshall, AR

Marshall is a charming city located in Searcy County, Arkansas. Nestled in the picturesque Ozark Mountains, it serves as a gateway to outdoor adventure and natural beauty. With a population of around 1,300, Marshall has a close-knit community feel while offering access to various amenities. The city is known for its vibrant local culture, highlighted during events such as the Marshall Christmas Parade and the annual Ozark Folk Festival, which celebrates the heritage of the region. Outdoor enthusiasts can enjoy nearby attractions like the Buffalo National River, perfect for kayaking, hiking, and exploring stunning landscapes. Marshall boasts a mix of local shops, restaurants, and historic sites, providing a glimpse into its rich history. The surrounding area is dotted with scenic spots, making it an ideal locale for nature lovers and those looking for a peaceful retreat. Overall, Marshall offers a unique blend of small-town charm and opportunities for outdoor recreation, appealing to both visitors and residents alike.

πŸ” Search & Compare Places

First Location πŸ“