HomeMinnesotaLyon CountyMarshall city
Marshall city, Minnesota: commercial real estate data.
Marshall city is a Census city of 13,896 people across 10.34 square miles of land, in Lyon County. Median household income is $68,566, 62.9 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $5.3 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Marshall
What Marshall is
- Census place typecity
- Land area10.34 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,344
- County holding the largest share of its areaLyon County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall
How many people live in Marshall
- Population13,896
- Median age35.9
- Population under 183,411
- Share under 1824.5 percent
- Population 65 and over2,374
- Share 65 and over17.1 percent
- Households5,627
- Family households3,306
- Share of households that are families58.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall
Income and work in Marshall
- Median household income$68,566
- Per capita income$38,548
- Civilian labor force7,135
- Employed6,868
- Unemployed267 plus or minus 140
- Unemployment rate3.7 percent plus or minus 2.0
- Adults 25 and over8,942
- Adults 25 and over with a high school diploma or higher90.7 percent
- Adults 25 and over with a bachelor degree or higher35.5 percent
- Adults 25 and over with a graduate degree11.0 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall
Housing in Marshall
- Housing units6,307
- Occupied units5,627
- Vacant units680 plus or minus 191
- Vacancy rate10.8 percent plus or minus 3.0
- Owner occupied3,540
- Renter occupied2,087
- Ownership rate62.9 percent
- Median owner-occupied home value$210,300
- Median gross rent, monthly$779
- Annual rent as a share of median income13.6 percent
- Single family units3,957
- Share single family62.7 percent
- Units in buildings of two or more2,179
- Share in buildings of two or more34.5 percent
- Mobile homes171 plus or minus 104
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall
How Marshall gets to work
- Workers 16 and over who commute6,038
- Commuting under 15 minutes4,897
- Share commuting under 15 minutes81.1 percent
- Commuting 30 minutes or more580 plus or minus 182
- Share commuting 30 minutes or more9.6 percent plus or minus 2.9
- Drove alone69.3 percent
- Carpooled8.7 percent plus or minus 2.6
- Public transport0.9 percent plus or minus 0.9
- Walked5.3 percent plus or minus 2.3
- Worked from home11.9 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall
SBA loans in Marshall (7(a))
- Approvals9
- Gross approval$5,277,700
- Average approval$586,411
- Median approval$300,000
- Ninetieth percentile approval$2,499,500
- Largest approval$2,499,500
- Jobs supported68
- Jobs per approval7.6
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS7
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Marshall
SBA loans in Marshall (504)
- Approvals21
- Gross approval$13,825,000
- Average approval$658,333
- Median approval$445,000
- Largest approval$2,056,000
- Jobs supported188
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lyon County, not Marshall
Lyon County context, not Marshall figures
These are Lyon County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Marshall measurements.
- Establishments in Lyon County814
- Employment at those establishments, Lyon County12,732
- Covered employment, Lyon County13,763
- Average annual pay, Lyon County$52,859
- Average weekly wage, Lyon County$1,017
- Housing units permitted, Lyon County92
- Of those, single family, Lyon County20
- County product, 2024, Lyon County$2,099,962,000
- County product change over the prior year, Lyon County5.4 percent
- Average income of an arriving household, Lyon County$47,981
Every figure in this section is published for Lyon County as a whole and is not a measurement of Marshall. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Marshall questions, answered from the record.
How many people live in Marshall, Minnesota?
13,896, in 5,627 households. Marshall city covers 10.34 square miles of land, which is 1,344 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Marshall in?
Lyon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Marshall?
$68,566. The median owner-occupied home is valued at $210,300. Median gross rent is $779 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Marshall businesses?
9 7(a) approvals totalling $5.3 m, across 3 lenders, median approval $300,000, plus 21 504 approvals worth $13.8 m. These count approvals to borrowers whose address is in Marshall, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Marshall borrowers get paid back?
No rate is published for Marshall. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Marshall figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lyon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Marshall.
Is zoning published for Marshall?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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