Linn County · Iowa · Midwest · 42k residents
Marion, IA: economy, jobs & business costs
The site-selection read on Marion: labor costs, talent, corporate tax, energy, and business activity, with the Iowa median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,355/wk. Iowa's corporate income tax rate is 7.1%. Commercial electricity averages 10.2¢/kWh.
Compare Marion side by side
Avg. weekly wage
$1,355/wk
Corporate income tax
7.1%
Bachelor's degree or higher
38.1%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Marion's economy is moving, ranked against the US cities we track.
39/100
Steady
Ranks Marion's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $241,700 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $636/mo |
| 2-bedroom rent | $1,059/mo |
| State & local income tax | 5.3% |
| Sales tax | 6.9% |
| Corporate income tax | 7.1% |
| Avg. weekly wage | $1,355/wk |
| Bachelor's degree or higher | 38.1% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 33.6/1k |
| Wage: Software developer | $114,340 |
| Wage: Registered nurse | $78,370 |
| Wage: General manager | $90,620 |
| Wage: Customer service | $45,510 |
| Wage: Warehouse worker | $36,840 |
| Wage: Heavy truck driver | $58,900 |
| Wage: Electrician | $50,230 |
| Wage: Retail salesperson | $33,430 |
| Cost of living index | 82 |
| Groceries index | 94 |
| Utilities | $150/mo |
| Transit pass | $48/mo |
| Gas price | $3.00/gal |
| Healthcare index | 94 |
| Childcare (per child) | $950/mo |
| Median household income | $86,743 |
| Unemployment rate | 3% |
| Population | 42k |
| Crime index | 38/100 |
| School rating | 6.5/10 |
| Walkability | 30/100 |
| Disaster risk | 87/100 |
| Avg. commute | 19 min |
| Sunny days / year | 200 days |
| July high | 86°F |
| January low | 13°F |
| Annual snowfall | 34 in |
| Home price YoY | +3.4% |
| Home price MoM | +0.1% |
| Rent YoY | +8.5% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | -0.4% |
| Building permits YoY | +1.4% |
| Ocean coast | 819 mi |
| Big lake | 162 mi |
| Mountains | 312 mi |
| Major airport | 13 mi |
| Ski resort | 221 mi |
Popular comparisons
Nearby
- Cedar Rapids, IA · 137k
- North Liberty, IA · 21k
- Coralville, IA · 23k
- Iowa City, IA · 76k
- Waterloo, IA · 67k
Similar size
- Cedar Falls, IA · 41k
- Bettendorf, IA · 40k
- Urbandale, IA · 47k
- Waukee, IA · 29k
- Marshalltown, IA · 28k
Real listings in Marion
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Marion a good place to run a business?
- Iowa's corporate income tax rate is 7.1%; average weekly wages in the surrounding labor market run $1,355/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Marion, IA?
- Marion indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,059/mo and a acs median home value of $241,700.
- How much does a house cost in Marion?
- The acs median home value in Marion is $241,700 (Census ACS estimate; individual listings vary).
- How much is rent in Marion?
- A two-bedroom in Marion rents for about $1,059/mo.