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Marathon

Learn about the people, housing, costs and businesses in Marathon, Florida

Median Home$710,787
Median Rent$1,659/month
Population9,650
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services15% healthcare
Home Value Growth⬆⬆⬆+21.3% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners60% of occupied units
NotableTransit90/100 · excellent transit access
NotableAmenity Score81/100 · highly walkable area
Marathon
FL

Frequently Asked Questions

What are today's mortgage rates in Marathon?

As of today, the 30-year fixed mortgage rate for Marathon is approximately 6.856% (6.891% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Marathon?

The median home value in Marathon is $711k. The median monthly rent is $1,659. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marathon?

Home values in Marathon have increased 21.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Marathon?

Based on a typical all-in ownership cost of $1,678/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marathon is $87k/year.

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What industries drive the economy in Marathon?

The largest employment sectors in Marathon are public administration (25%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.