Marion, IA is a great place to live with its low-cost housing options and affordability. The average 2 bedroom rent in Marion is $840 per month which is significantly lower than the national average of $1,430. In addition to housing costs, Marion offers competitive grocery items with a Grocery Cost Index of 98 compared to the US average of 100. This demonstrates that you can find your daily necessities at an affordable price in Marion. There are many local companies in Marion such as NAPA Auto Parts, Home Instead Senior Care, County Market, and MidwestOne Bank. With these businesses throughout town and its competitive prices for groceries and housing, Marion is an ideal location for those looking for an easy and affordable lifestyle.
Marion has an unemployment rate of 4.4%. The US average is 6.0%.
Marion has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marion is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marion
- The average income of a Marion resident is $31,037 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $75,927 a year. The US average is $69,021 a year.