Marathon, MI is a small town in Michigan with a population of around 1,500 people. It is known for its great outdoor activities such as fishing and camping, making it an ideal spot for nature lovers. The average rent for a 2-bedroom apartment in Marathon is $1,150, which is much lower than the national average of $1,430. Grocery costs are also considerably cheaper here than the US average; Marathon’s grocery cost index stands at 94 versus 100 in the US. Local companies include Salas Family Farm, KLM Auto Repair and Body Shop and Marathon Gas Station & Convenience store.
Marathon has an unemployment rate of 4.9%. The US average is 6.0%.
Marathon has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Marathon
- The Sales Tax Rate for Marathon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marathon is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marathon
- The average income of a Marathon resident is $22,268 a year. The US average is $28,555 a year.
- The Median household income of a Marathon resident is $57,172 a year. The US average is $69,021 a year.