Groundwork

Small-town market profile · Iowa

Marshalltown, IA area market data

How the Marshalltown area compares with other small-town markets for 56 business types: competitors, household spending, official counts and growth.

Population, 2025
39,890
−0.5% since 2020
Households
15,496
Median household income
$73,315
+29.9% vs. 2015–2019, before inflation
Median home value
$145,500
Jobs located here
15,779
Highest market score
75
Fast food and sandwich shops, #52 of 537 scored small-town markets

A site report maps the competitors on map listings around any address in the Marshalltown area by name and distance, and the households and spending within reach. 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

The Marshalltown area has an estimated 39,890 people and 15,496 households. Population estimates show the Marshalltown area declined 0.5% from 2020 to 2025, against +3.1% for the U.S. 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.

Relative to the U.S., household spending in the Marshalltown area runs highest on vehicle maintenance and repairs (an index of 123, where 100 is the U.S. average) and lowest on child care and other personal services (59).

Of the business types scored in the Marshalltown area, fast food and sandwich shops (75), clothing and shoe stores (75) and coffee shops and cafes (74) have the highest Groundwork market scores. For fast food and sandwich shops, that ranks #52 of 537 scored small-town markets.

The Marshalltown area is made up of one county, Marshall County. Against the U.S., map listings per household run highest for car washes and detailers (2.4 times the U.S. rate) and lowest for real estate businesses (60% below the U.S. rate).

All 56 business types in the Marshalltown area

Highest Groundwork market score first. Each score compares the Marshalltown area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Marshalltown, IA area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Fast food and sandwich shops75#52 of 537159.7$3.8M12320
Clothing and shoe stores75#57 of 536117.1$2.6M2043
Coffee shops and cafes74#28 of 52963.9$9.4M254Under 3
Gas stations74#56 of 536117.1$4.3M17917
Clothing, shoes and laundry73#79 of 5362113.6$1.4M1543
Salons, barbers and spas72#39 of 5384629.7$316K1496
Restaurants and cafes72#69 of 53813587.1$419K11346
Gyms, studios and classes71#41 of 535117.1$1.1M164Under 3
Gyms71#41 of 50653.2$2.4M183Under 3
Primary care and pediatrics71#68 of 45853.2$4.2M23417
Hair salons70#56 of 5382818.1$520K1214
Optometrists and eye care70#57 of 40053.2$4.2M133Under 3
Auto repair shops70#76 of 5383421.9$536K12116
Nail salons66#88 of 38753.2$2.9M174Under 3
Spas and skin care66#90 of 50495.8$1.6M185Under 3
Auto repair and car care66#117 of 5386743.2$272K10122
Collision repair and body shops65#86 of 38753.2$3.6M1185
Real estate63#102 of 5362415.5Index only2007
Sit-down restaurants61#158 of 5387548.4$754K11424
Pet businesses57#179 of 5271811.6$674K775
Pizza55#214 of 5201711.0$3.3M6520
Child care and preschools54#199 of 45463.9$891K896
Real estate agents and brokers54#202 of 5332113.6Index only1827
Martial arts and dance studios53#163 of 37863.9$2M99Under 3
Grocery and convenience stores52#267 of 5383421.9$2.7M7910
Chiropractors49#223 of 426106.5$2.1M875
Bakeries and dessert shops48#277 of 507149.0$4M97Under 3
Tire shops47#242 of 431117.1$1.7M66Under 3
Doctors, dentists and clinics47#302 of 53813385.8$156K10339
Convenience stores47#314 of 5291811.6$5.1M64Under 3
Landscaping and lawn care46#225 of 39995.8$2M687
Dentists and orthodontists46#295 of 5261711.0$1.2M12413
Lawn, cleaning and pest control39#339 of 481149.0$1.3M7715
HVAC and plumbing39#354 of 4761711.0$2.3M499
Grocery stores38#370 of 506149.0$6.5M708
Veterinarians36#300 of 39885.2$1.5M565
Insurance agencies32#426 of 5372415.5$1.2M9520
Home repair trades32#459 of 5262918.7$1.4M5624
Car washes and detailing30#382 of 441149.0$1.3M525
Roofing and gutters23#277 of 28895.8$4.4M525
Funeral homesNot scoredNot scored42.6$612K905
Physical therapyNot scoredNot scored42.6$5.2M2174
BarbershopsNot scoredNot scored31.9$4.9M257Under 3
ElectriciansNot scoredNot scored31.9$13.2M11010
LaundromatsNot scoredNot scored31.9$9.5M76Under 3
Pest controlNot scoredNot scored31.9$6M59Under 3
Pet grooming and boardingNot scoredNot scored31.9$4M159Under 3
House cleaningNot scoredNot scored21.3$9MToo few8
Pet storesNot scoredNot scored21.3$6.1MToo fewUnder 3
Urgent care and walk-in clinicsNot scoredNot scored21.3$10.4MToo fewUnder 3
Dry cleanersNot scoredNot scored10.6$28.5MToo fewUnder 3
Home inspectorsNot scoredNot scored10.6Index onlyToo fewUnder 3
Mortgage brokers and lendersNot scoredNot scored10.6Index onlyToo fewUnder 3
Oil change and quick lubeNot scoredNot scored10.6$18.2MToo fewUnder 3
Property managementNot scoredNot scored10.6Index onlyToo fewUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored00.0None listedNone listedUnder 3

Household spending in the Marshalltown area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Marshalltown, IA area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$18.2M$1,177123
Gasoline and other fuels$46.9M$3,028117
Food away from home$56.5M$3,64790
Groceries$90.9M$5,86993
Personal care products and services$14.6M$93993
Child care and other personal services$5.3M$34559
Memberships, classes and admissions$11.9M$77078
Medical and dental services$20.8M$1,343104
Pets$12.1M$78386
Clothing, shoes and related services$28.5M$1,83689
Vehicle insurance$28.6M$1,84794
Home repairs, maintenance and insurance$39.7M$2,56585
Lawn care, cleaning and other household services$18M$1,16382
Rent and homeowner costs$208.1M$13,42781

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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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Questions

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 rose 29.9% from the 2015–2019 survey, before inflation.

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

Households in the Marshalltown area spend about $208.1M a year on rent and homeowner costs, $90.9M on groceries and $56.5M on food away from home. Set against the U.S., households in the Marshalltown area spend the most on vehicle maintenance and repairs (an index of 123, where 100 is the U.S. average) and the least on child care and other personal services (59).

Which business types have the highest market scores in the Marshalltown, IA area?

The highest Groundwork market scores in the Marshalltown area are for fast food and sandwich shops (75), clothing and shoe stores (75) and coffee shops and cafes (74). The Marshalltown area ranks #52 of 537 scored small-town markets for fast food and sandwich shops.

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

The median household income in the Marshalltown area is $73,315 a year, 9% below the U.S. median of $80,734. The population fell 0.5% from 2020 to 2025, against +3.1% for the U.S. The median home value is $145,500, against $332,700 for the U.S. For its number of households, the Marshalltown area has the most map listings, relative to the U.S., for car washes and detailers (2.4 times the U.S. rate) and the fewest for real estate businesses (60% below the U.S. rate).

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. 40 of the 56 business types have a score in the Marshalltown area, each ranked against other 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 competitors 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.

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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.