Marquette, IA is a small town located in the Midwest with a population of just under 1,500 people. It is known for its affordable living costs as the median 2 bedroom rent is only $800 compared to the US average of $1,430. Even grocery costs are lower than in most areas of the US with an index of 94 versus 100 in the US. Local companies and attractions include Little Acorn Farm which offers fresh produce and homemade baked goods, as well as The Depot Museum where visitors can learn about the area’s history. Marquette also has several public parks for visitors to enjoy outdoor activities and scenic views of the countryside.
Marquette has an unemployment rate of 6.6%. The US average is 6.0%.
Marquette 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 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Marquette
- The Sales Tax Rate for Marquette is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marquette 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 Marquette
- The average income of a Marquette resident is $20,890 a year. The US average is $28,555 a year.
- The Median household income of a Marquette resident is $38,875 a year. The US average is $69,021 a year.