Marathon, NY is a small town located in Cortland County. It is known for its affordable housing options with two bedroom rent averaging around $1,050, much less than the national average of $1,430. The cost of living in Marathon is generally lower than most parts of the country with a grocery cost index at 98 compared to the US average of 100.
The town of Marathon has some great local businesses such as Gilbert’s Speedway and Fitness Center, Brown’s Cider Mill & Bakery, and Hochbrueckner’s Wine & Spirits. For outdoor activities, the Marathon State Forest offers plenty of trails perfect for hiking and camping. Every year there is also a fun-filled 4th of July celebration that includes fireworks, food booths, music performances, and more!
Marathon has an unemployment rate of 6.9%. The US average is 6.0%.
Marathon has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Marathon
- The Sales Tax Rate for Marathon is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Marathon is 6.5%. 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 $25,248 a year. The US average is $28,555 a year.
- The Median household income of a Marathon resident is $62,356 a year. The US average is $69,021 a year.