Marquette, Michigan is a city renowned for its outdoor activities and breathtaking views. With Lake Superior as its backdrop, it's no wonder why locals and visitors alike flock to this vibrant city to experience its beauty. Marquette is home to several companies such as UP Health Systems, Great Lakes Radio, and Upper Peninsula State Bank. The cost of living in Marquette is lower than the US average, with 2 bedroom rent at $940 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Marquette was 95 which is lesser than the US’s 100. This makes Marquette an affordable location to live with plenty of amenities to enjoy.
Marquette has an unemployment rate of 5.9%. The US average is 6.0%.
Marquette has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Marquette
- The Sales Tax Rate for Marquette is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marquette is 4.3%. 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 $21,052 a year. The US average is $28,555 a year.
- The Median household income of a Marquette resident is $47,179 a year. The US average is $69,021 a year.