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Marathon

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

Median Home$101,300
Median Rent$775/month
Population210
Leading IndustriesArts, Food & Hospitality · Healthcare · Information & Media13% arts, food & hospitality
Home Value Growth+8.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners88% of occupied units
NotableHighly Educated31% bachelor's · 12% graduate · top 7% nationally
NotableAffordable Market$101k median home · lower cost than 91% of the country
Marathon
IA

Frequently Asked Questions

What are today's mortgage rates in Marathon?

As of today, the 30-year fixed mortgage rate for Marathon is approximately 6.883% (6.919% 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 $101k. The median monthly rent is $775. Annual property taxes average $1k. 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 8.2% over the past two years. This represents moderate growth. 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 $679/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marathon is $74k/year.

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What industries drive the economy in Marathon?

The largest employment sectors in Marathon are public administration (19%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.