Marathon, FL is a vibrant city located in the Florida Keys. With its beautiful beaches, incredible sunsets, and luxurious resorts, it’s no wonder Marathon has become a popular tourist destination. Despite being one of the more expensive cities to live in - with 2 bedroom rents hitting $3,460 compared to the US average of $1,430 - Marathon still offers plenty of financial opportunities for those looking to make the move to this tropical paradise. The high Grocery Cost Index of 112 versus the national average of 100 provides evidence that goods are slightly more costly in Marathon than elsewhere. Companies such as Dolphin Research Center, NOMAD Fishing Charters and Coconuts Bar & Grille provide locals with employment opportunities. Those living in or visiting Marathon enjoy outdoor activities such as snorkeling and fishing, as well as other forms of entertainment such as bars and restaurants scattered throughout this charming city. In short, Marathon offers something for everyone who seeks an escape from everyday life.
Marathon has an unemployment rate of 3.3%. The US average is 6.0%.
Marathon has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.
Tax Rates for Marathon
- The Sales Tax Rate for Marathon is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Marathon is 0.0%. 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 $28,585 a year. The US average is $28,555 a year.
- The Median household income of a Marathon resident is $63,375 a year. The US average is $69,021 a year.