1st Advantage MortgageIn Marshall County, Mississippi, the typical household earns $53,458 a year and the typical rent is $868. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Mississippi before sharing details.
On this page
- Marshall County by the numbers
- The Marshall County job picture
- Income in Marshall County compared with Mississippi
- Marshall County housing compared with Mississippi
- The counties around Marshall County
- Marshall County towns compared
- Marshall County households compared
- Reading the Marshall County data as a borrower
- Room for a loan payment in Marshall County
- Before you sign
- Checking a lender's license in Mississippi
- Nearby and statewide guides
- Frequently asked questions
Marshall County by the numbers
Marshall County is home to about 33,979 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 22nd most populous of 82 county-level areas in Mississippi. Spread over 706 square miles, that works out to roughly 48.1 residents per square mile. The federal metro definitions (OMB, July 2023) place it in the Memphis, TN-MS-AR metropolitan area. Of the 8 Census places inside Marshall County, Holly Springs leads by population with about 6,704; 3 of the 8 are incorporated.
The Marshall County job picture
Education and health care employs 17% of working residents, the largest share; transportation, warehousing and utilities is next with 15%. The sharpest difference from the state is in transportation, warehousing and utilities, at 15% locally and 7% for Mississippi. ACS puts five-year average unemployment at 4.4% in Marshall County. Long commutes are common here: 21% of workers spend 45 minutes or longer getting to work.
| Sector | Marshall County | Compared with Mississippi |
|---|---|---|
| Education and health care | 17.3% | -8.1 pts |
| Transportation, warehousing and utilities | 15.4% | +8.0 pts |
| Manufacturing | 13.6% | +0.6 pts |
| Retail trade | 12.5% | +1.2 pts |
| Construction | 9.5% | +2.6 pts |
| Professional and administrative services | 6.6% | -1.0 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Marshall County should have bank statements and tax returns ready.
Income in Marshall County compared with Mississippi
Marshall County households have a median income of $53,458 (ACS 2020 to 2024), which ranks 25th of 82 in Mississippi.
| Band | Marshall County | Compared with Mississippi |
|---|---|---|
| Under $35,000 | 32.9% | +0.5 pts |
| $35,000 to $99,999 | 41.1% | -0.1 pts |
| $100,000 to $199,999 | 22.2% | +1.6 pts |
| $200,000 or more | 3.8% | -2.0 pts |
Some 33% of households here live on less than $35,000 a year; 26% have six-figure incomes. 23.0% of residents fall below the federal poverty line (statewide: 18.9%). The Gini index of income inequality is 0.469 (0 is perfect equality). A household earning below the $53,458 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Marshall County housing compared with Mississippi
Median gross rent, utilities included, comes to $868 in Marshall County versus $954 statewide. By the Census definition, 61% of Marshall County renters are cost-burdened. With a median value of $167,900, a typical Marshall County house costs 3.1 times what the median household earns in a year. The ownership rate is 79%. The median year built is 1992.
| Home costs | Marshall County | Mississippi | U.S. middle county |
|---|---|---|---|
| Median gross rent | $868/mo | $954/mo | $877/mo |
| Median home value | $167,900 | $169,800 | $185,300 |
| Owners | 79% | 70% | 75% |
| Rent-burdened renters | 61% | 51% | 45% |
| Burdened owners | 33% | 26% | n/a |
| Mobile homes | 23.8% | 14.4% | n/a |
| Vacant units | 15% | 15% | n/a |
In an owner-heavy county like Marshall County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it. High rent burdens leave little slack. If you are borrowing to consolidate, make sure the new payment is lower than the ones it replaces.
The counties around Marshall County
Benton County is closest, 18 miles from center to center; the sixth, Tippah County, is 33 miles off. Income ranges from $46,016 in Benton County to $88,456 in Fayette County; 4 of these neighbors top Marshall County's median. The list crosses into Tennessee, where different lending rules and regulators apply.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Marshall County | - | $53,458 | $868/mo | 79% |
| Benton County, MS | 18 mi | $46,016 | $731/mo | 86% |
| Tate County, MS | 26 mi | $69,704 | $963/mo | 76% |
| Lafayette County, MS | 29 mi | $67,185 | $1,085/mo | 64% |
| DeSoto County, MS | 29 mi | $85,297 | $1,451/mo | 78% |
| Fayette County, TN | 30 mi | $88,456 | $902/mo | 81% |
| Tippah County, MS | 33 mi | $52,542 | $790/mo | 75% |
Marshall County towns compared
The table lists the 8 largest of 8 Census places in Marshall County, by population. Together all 8 hold about 10,404 people, so roughly 69% of residents live outside any named place. Victoria has the highest median household income on the list ($70,143) and Byhalia the lowest ($38,500), counting places with at least 500 residents. Live in one of these Marshall County communities, or between them? This is your local guide.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Holly Springs | city | 6,704 | $45,462 | $773 | 3 mi |
| Byhalia | town | 1,588 | $38,500 | $439 | 13 mi |
| Victoria | CDP | 1,121 | $70,143 | n/a | 8 mi |
| Mount Pleasant | CDP | 391 | $60,267 | n/a | 13 mi |
| Potts Camp | town | 387 | $41,875 | $769 | 14 mi |
| Bethlehem | CDP | 155 | n/a | n/a | 16 mi |
| Waterford | CDP | 33 | $32,917 | n/a | 8 mi |
| Red Banks | CDP | 25 | n/a | n/a | 6 mi |
Marshall County households compared
Degree holders: 15% of adults over 25. 11.8% of residents have no health coverage.
| Indicator | Marshall County | All of Mississippi | U.S. county median |
|---|---|---|---|
| Median age | 41.9 | 38.6 | 41.5 |
| Bachelor's or higher | 14.6% | 25.1% | 22.2% |
| No high school diploma | 18.6% | 12.9% | n/a |
| No health insurance | 11.8% | 11.0% | 7.8% |
| No vehicle | 5.0% | 6.3% | 5.4% |
| Work from home | 3.5% | 5.9% | 8.7% |
| Poverty rate | 23.0% | 18.9% | 13.2% |
| Unemployment (ACS) | 4.4% | 5.8% | 4.4% |
| Trip time | Share |
|---|---|
| Under 15 min | 17.2% |
| 15 to 29 min | 28.7% |
| 30 to 44 min | 32.7% |
| 45 to 59 min | 15.8% |
| 60+ min | 5.6% |
Reading the Marshall County data as a borrower
A few patterns in the Marshall County data, and the practical point behind each:
- Health costs. With 12% of the county uninsured, an interest-free hospital payment plan usually beats a loan (medical bills).
- Commuter costs. 21% drive 45 minutes or more. Compare shop financing with a loan, and keep a small repair fund.
- 24% mobile homes. Many are not titled as real estate, so home-equity options may not apply; an unsecured loan is the usual route.
- Lower-cost alternatives. In a county with 23% in poverty, nonprofit credit counseling may beat a loan (options).
Room for a loan payment in Marshall County
How much room does a median Marshall County budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- $53,458 a year is $4,455 of gross monthly income
- Housing at the median rent of $868 uses 19%
- 40% debt-to-income limit: $914 left for all other debt payments
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Before you sign
Four checks before you sign anything:
- Get a written quote for whatever you are paying for in Marshall County.
- Line up offers side by side: APR, fees in dollars, total cost.
- Confirm the lender is licensed in Mississippi.
- Pick the shortest term whose payment still fits.
Checking a lender's license in Mississippi
No county office licenses personal lenders. For Marshall County, check the Mississippi Department of Banking and Consumer Finance. A CFPB complaint gets forwarded to the company for a response. More on Mississippi: Mississippi personal loans.
Nearby and statewide guides
For statewide rules and data, see the Mississippi guide.
Frequently asked questions
What does a typical Marshall County household make?
About $53,458 a year at the median (ACS 2020-24), 5% below the Mississippi median.
How does Marshall County rent compare with Mississippi?
$868 locally versus $954 for the state, 9% below.
I live in a small Marshall County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Holly Springs, Byhalia, Victoria, Mount Pleasant, Potts Camp and 3 more.
Are Marshall County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
Who do I complain to about a lender in Marshall County?
Start with the Mississippi Department of Banking and Consumer Finance, then the CFPB complaint portal. Keep copies of every message.