Places/MN/Marshall County, MN
County profile

Marshall County, MN

United States · GDP 2024
#2482 of 3,127 US counties by GDPbottom-decile growthmore diversified than 51% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$439.4M
BEA · 2024
GDP growth (YoY)
-16.4%
BEA · 2024
Jobs tracked
1,525
Census CBP · 2023
Employers
259
Census CBP · 2023
Avg. wage
$53.6k
BLS QCEW · 2023
Population
8,798
Census PEP · 2025
Labor, income & education
Unemployment
6.1%
Median HH income
$72.5k±$2.4k
Bachelor's degree+
18.7%±1.5%
Poverty rate
8.3%±1.7%
Business applications
80 · 2025
Retail establishments
29
33.0/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing31%
Retail trade20%
Health care18%
Other services11%
Wholesale trade11%
Construction10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
8,798
residents · 2025 · -2.5% since 2020
Income per capita $70.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration281
International migration+14
Natural change+31

GDP trend

20192024 · nominal
$409.5M
2019
$449.8M
2020
$556.8M
2021
$650.9M
2022
$525.8M
2023
$439.4M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$164.5k±$5.5k
Median gross rent
$690/mo±$92/mo
Vacancy rate
14.0%±1.6%
Affordability
3.1× wages
Residential permits
$950.3k
3 units · 0.3/1k pop
FEMA risk score
23.6
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 87Wildfire 85Winter weather 70
FHFA HOUSE PRICE INDEX · 20162025
166
2016
182
2017
173
2018
186
2019
192
2020
214
2021
231
2022
250
2023
246
2024
262
2025
RESIDENTIAL PERMITS · 20212025
200% since 2021
1
2021
3
2022
4
2023
2
2024
3
2025

Transport access

BTS · FAA · USACE
Nearest interstate
60.7 km
I-29
Nearest freight rail
2.7 km
CPKC
Nearest port
220.2 km
INTERNATIONAL FALLS
Nearest commercial airport
35.3 km
THIEF RIVER FALLS RGNL
Wage trend
BLS QCEW · 20192023
$53.6k
avg. annual pay · +21% since 2019
The read

What is the GDP of Marshall?

Marshall's economy produced $439.4M in 2024, contracting 16.4% year over yearamong the slowest-growing US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.