Marathon, IA is a small town located in the heart of Iowa. It is known for its friendly locals and safe atmosphere. The cost of living in Marathon is quite low compared to the national average, with 2 bedroom rents costing about $730 as opposed to $1,430 across the US. Additionally, the Grocery Cost Index in Marathon is 91 versus 100 in the US. The town has restaurants such as Marathon Cafe & Bakery, Lucky’s Pub & Grill, and Hubbard Family Restaurant. Local attractions include Horseshoe Lake State Park where visitors can enjoy fishing and camping activities. Other attractions are Fun Valley Ski Area and Minburn Wildlife Area for amazing outdoor experiences.
Marathon has an unemployment rate of 3.0%. The US average is 6.0%.
Marathon has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Marathon
- The Sales Tax Rate for Marathon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marathon 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 Marathon
- The average income of a Marathon resident is $15,635 a year. The US average is $28,555 a year.
- The Median household income of a Marathon resident is $48,750 a year. The US average is $69,021 a year.