Groundwork

Auto · Small-town market · Iowa

Insurance agencies in the Marshalltown, IA area

Competitor counts, household spending and official business counts for insurance agencies in the Marshalltown, IA area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 32 out of 100: Lower middle

Ranked #426 of 537 scored small-town markets
#5 of 15 scored small-town markets based in Iowa

Listings
24
6 chain locations (25%)
Official establishments
20
−4.8% since 2019
Household spending a year
$28.6M
On vehicle insurance · $1,847 a household
Spending per listing
$1.2M
5% below the U.S.
Listings per 10k households
15.5
In line with the U.S.
Population, 2025
39,890
−0.5% since 2020

See the insurance agencies around any address in the Marshalltown area

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Marshalltown area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For insurance agencies, the Marshalltown area has a Groundwork market score of 32 (lower middle): #426 of 537 scored small-town markets and #5 of 15 scored small-town markets based in Iowa. That puts it in the bottom quarter of small-town markets.

Households in the Marshalltown area spend about $28.6M a year on vehicle insurance, or $1,847 per household, 6% below the U.S. average. That works out to $1.2M per agency, 5% below the U.S. figure of $1.3M.

There are 24 insurance agencies on map listings in the Marshalltown area as of September 2026. Of those, 6 are chain locations, or 25%, against 21% across the U.S. That comes to 15.5 for every 10,000 households, in line with the U.S. rate of 15.6.

In 2023, official counts showed 20 businesses with payroll in the Marshalltown area classed as insurance agencies and brokerages, down 4.8% from 2019. That is one for every 775 households, against one for every 966 across the U.S. Population estimates put the population change in the Marshalltown area from 2020 to 2025 at −0.5%, against +3.1% for the U.S.

How the Marshalltown area compares

The same measures for Iowa and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Marshalltown, IA area compared with Iowa and the U.S.
MeasureMarshalltown areaIowaU.S.
Listings per 10k households15.517.715.6
Spending per listing$1.2M$984K$1.3M
Households per official establishment775660966
Official establishment growth, 2019–2023−4.8%−5.7%−1.0%
Population growth, 2020–2025−0.5%+1.5%+3.1%
Spending per household on vehicle insurance$1,847$1,738$1,957
Median household income$73,315$75,059$80,734
Groundwork market score3220

Official counts and lending

Businesses

Official establishments, 2019 to 2023
20−4.8% over the period
Employees, 2023
83
Annual payroll, 2023
$5.1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
246 chain locations
Listings at the U.S. rate for this spending
23The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as insurance agencies and brokerages in the Marshalltown area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Marshalltown area

Population, 2025 estimate
39,890−0.5% since 2020
Households
15,496
Median age
39.9
Homes lived in by their owners
75%
Vehicles per household
2.1
Land area
573 sq. mi.
People per square mile
70
Median household income
$73,315+29.9% vs. 2015–2019, before inflation
Average household income
$85,510
Median home value
$145,500
Jobs located here
15,779
Daytime population
36,753Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Marshalltown area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of the Marshalltown area. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Iowa

Every Iowa market ranked →

The highest-scoring small-town markets in Iowa for insurance agencies, numbered among those based in Iowa, with the Marshalltown area marked.

Top small-town markets in Iowa

Small-town markets in Iowa ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Pella, IA592015.0$1.3M+2.3%#197 of 537
2Spirit Lake, IA341314.7$1.2M+1.7%#406 of 537
3Fort Madison, IA331913.3$1.3M−3.6%#415 of 537
4Ottumwa, IA331812.9$1.3M−0.3%#416 of 537
5Marshalltown, IA322415.5$1.2M−0.5%#426 of 537
6Muscatine, IA262816.1$1.1M−3.0%#456 of 537
7Le Mars, IA262120.4$943K0.0%#459 of 537
8Clinton, IA213517.9$971K−0.9%#481 of 537
9Fort Dodge, IA192717.6$975K−0.4%#492 of 537
10Oskaloosa, IA182124.0$785K−1.2%#503 of 537

Other business types in the Marshalltown area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in the Marshalltown, IA area?

As of September 2026, map listings count 24 insurance agencies in the Marshalltown area. 6 of them (25%) are chain locations. The listings count insurance agencies. Official counts show 20 businesses with payroll classed as insurance agencies and brokerages in 2023, down 4.8% from 2019.

How much do households in the Marshalltown, IA area spend on vehicle insurance?

About $28.6M a year, or $1,847 per household. That is 6% below the U.S. average (an index of 94, where 100 is the U.S. average). Spread across the 24 insurance agencies on map listings, it comes to $1.2M per agency. It is estimated from the incomes of the 15,496 households in the Marshalltown area and national spending patterns by income.

How does the Marshalltown, IA area compare with the U.S. for insurance agencies?

The Marshalltown area has 15.5 insurance agencies per 10,000 households, in line with the U.S. rate of 15.6. Spending per agency is $1.2M, 5% below the U.S. figure of $1.3M. At the U.S. ratio of insurance agencies to household spending, the Marshalltown area would have about 23, against 24 on map listings. There is one business with payroll in the industry for every 775 households, against one for every 966 across the U.S. The official count fell 4.8% from 2019 to 2023, against −1.0% for the U.S.

How fast is the Marshalltown, IA area growing?

Population estimates put the Marshalltown area at 39,890 people in 2025, down 0.5% since 2020, against +3.1% for the U.S. It has 15,496 households. Median household income in the Marshalltown area is $73,315, 9% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 29.9%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Marshalltown area scores 32 for insurance agencies (lower middle), #426 of 537 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Marshalltown area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in the Marshalltown area

Screening a site or an acquisition in the Marshalltown area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Marshalltown area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.