Marathon City Wisconsin Income Charts

This section shows the Marathon City Wisconsin economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Marathon City shows it has a Median earnings of $44,792 which is the third most median earnings of all other places in the greater Marathon City region. The city with the highest median earnings per worker in the area is Rib Mountain CDP which shows a median earnings of $50,738 (13.3% larger). Comparing median earnings per worker to the United States average of $49,041, Marathon City is about 9.5% smaller. Also, measured against the state of Wisconsin, median earnings per worker of $48,208, Marathon City is about 7.6% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $63,984 which is the third most median income of all other places in the greater Marathon City region. The city with the highest median household income in the area is Maine which shows a median income of $76,306 (19.3% larger). Comparing median household income to the United States average of $62,843, Marathon City is only slightly larger. Also, in contrast to the state of Wisconsin, median household income of $61,747, Marathon City is only about 3.6% larger.

The next section examines a variety of different income statistics for the Marathon City metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest when ranked by median earnings of less than $10,000 of all the other places in the greater region at 3.0% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.9 which is the third most average hours of all other places in the greater Marathon City region. The city with the highest average hours in the area is Fenwood which depicts an average hours of 40.4 ( only slightly larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $21.59 which is the third most of all other places in the local area. The city with the highest average hourly earnings in the area is Rib Mountain CDP which depicts an average hourly earnings of $24.52 (13.6% larger). Comparing average hourly earnings to the United States average of $24.31, Marathon City is about 12.6% smaller. Also, benchmarked against the state of Wisconsin, average hourly earnings of $24.02, Marathon City is about 11.3% smaller.

Figure 7 examines the number of self employed people in the Marathon City metro area based on the number of people who reported any self employment income. Marathon City depicts it has a Self Employed of 9.8% which is the second most people self employed of all the places in the greater Marathon City region. The city with the highest percentage of people self employed in the area is Maine which depicts a percentage self employed of 13.6% (38.6% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $76,319 of the total and is ranked #3. Only #2 Maine ($90,417), and #1 Rib Mountain CDP ($98,472) are larger. Second, it has one of the largest proportions of median income-25 to 44 years at $76,786 of the total and is ranked #3. Only #2 Maine ($93,958), and #1 Rib Mountain CDP ($96,591) are larger. Third, it has in the mid range of other places in the greater region in order of median income-45 to 64 years at $34,583 of the total.

Figure 9 breaks down the source of income and Marathon City has the largest proportion of income from wages at 5.2% of the total and is ranked #1. Second, it has the largest proportion of investment and retirement income at 10.9% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 13.3% which is the second smallest when ranked by households with retirement income of all the other places in the metro area. The city with the highest households with retirement income in the area is Rib Mountain CDP which depicts a households with retirement income of 27.5% (about twice as large).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $80,441 of the total and is ranked #2. The only larger city being Maine with $94,375.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Marathon City indicates it has the hightest cost of 101.3 for the cost of healthcare classification.

Marathon City Wisconsin Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It depicts that from January 2006 to before the Wuhan Coronavirus Pandemic the monthly unemployment rate went from 4.7% to 4.4% in March 2020. This represents a decrease in the monthly unemployment rate of 6.4%. Since that time, the monthly unemployment rate has gone to 6.7% This represents an increase in the monthly unemployment rate of 52.3%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 21,021 to 19,660 in February 2020. This represents a decrease in the monthly labor force participation of 6.5%. Since that time, the monthly labor force participation has gone to 19,851 This represents an increase in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Marathon City shows it has a Unemployment Rate of 2.0% which is the third most unemployment rate of all other places in the greater Marathon City region. The city with the highest unemployment rate in the area is Wausau which shows a rate of 2.6% (28.2% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Marathon City shows it has a Labor Force Participation of 68.7% which is in the mid range of other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Marathon City depicts full time employees approximately 4.5 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Marathon City area. Marathon City depicts it has a Single Earner Families of 16.6% which is less than most other places in the local area. The city with the highest families with a single earner in the area is Schofield which shows a single earners rate of 31.4% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Marathon City shows it has a Families with No One Working of 16.9% which is the second most of all the places in the metro area. The city with the highest families with no one working in the area is Rib Mountain CDP which shows a families with no worker of 22.7% (33.9% larger).

Marathon City Wisconsin Poverty Charts

The next section details economy analysis about poverty for residents of the Marathon City community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Marathon City indicates it has a Total In Poverty of 48 which is the second smallest when ranked by total people earning less than the poverty level of all the other places in the area. The city with the highest total people earning less than the poverty level in the area is Wausau which depicts a total people earning less than the poverty level of 5,743 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Marathon City shows it has a Percent of Population In Poverty of 3.5% which is in the middle range of other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Schofield which shows a percent of people in poverty of 21.7% ( quite a bit bigger).

In Figure 25 people who are in poverty are broken out by age group. Marathon City has the percentage of person in poverty 12 to 17 years in the mid range of other places in the local area at 25% of the total. Second, it has the largest proportion of person in poverty 55 to 64 years at 60% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Marathon City has the largest proportion of white poverty rate at 100% of the total and is ranked #1. Second, it has less than most other places in the area in terms of hawaiian poverty rate at 4% of the total. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Marathon City depicts it has a Public Assistance Percent of 4.6% which is less than most other places in the local area. The city with the highest households with public assistance in the area is Schofield which depicts a households with public assistance of 15.4% (approximately 3.4 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Marathon City shows it has a Gini Index of 38.8% which is in the mid range of other places in the metro area.

Marathon City Wisconsin Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Marathon City community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Marathon City has the largest proportion of people who take public transportation to work at 7% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Marathon City or elsewhere.) Marathon City has the largest proportion of people who walked at 7% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Marathon City has the percentage of people who leave for work between 12am to 5am less than most other places in the greater region at 3% of the total. Second, it has the smallest proportion of people who leave for work between 830 am to 9am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Marathon City has one of the largest proportions of people with commute time of less than 5 minutesutes at 17% of the total and is ranked #2. The only larger city being Wausau with 20%. Second, it has less than most other places in the surrounding region when ranked by people with commute time between 5 to 9 minutes at 12% of the total.

The average commute time is shown in Figure 37. Marathon City depicts it has a Avg Commute Time of 16 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Marathon City shows average commute time in minutes for men 11.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Marathon City has the percentage of 4 vehicles available less than most other places in the surrounding region at 2% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Marathon City depicts it has a Work in city or place where live of 37% which is the second most people who both work and live in the same city of all the places in the greater Marathon City region. The city with the highest people who both work and live in the same city in the area is Wausau which depicts a people who both work and live in the same city of 63% (72.1% larger). Comparing people who both work and live in the same city to the United States average of 42%, Marathon City is about 14.3% smaller. Also, versus the state of Wisconsin, people who both work and live in the same city of 40%, Marathon City is about 8.2% smaller.

Marathon City Wisconsin Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Marathon City depicts it has the hightest median earnings of $91,250 for the management, business, and financial occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Marathon City shows it has the hightest median earnings of $69,063 for the management, business, and financial occupations group. The table in Figure 48, shows Marathon City employment data in terms of job categories and salary data.

Marathon City Wisconsin Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Marathon City depicts it has the hightest entrepreneurs of 50% for the self employed management, business, science, and arts businesses group.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Marathon City shows it has the hightest entrepreneurs of 25% for the self employed in agriculture, forestry, fishing and hunting, and mining group.

In Figure 51 the average annual self employment/entrepreneur income is shown. Marathon City shows it has a Self Employment Income of $40,357 which is the second most average annual self employment income of all the places in the greater Marathon City region. The city with the highest average annual self employment income in the area is Rib Mountain CDP which depicts an average annual self employment income of $57,045 (41.4% larger). Comparing average annual self employment income to the United States average of $39,154, Marathon City is only about 3.1% larger. Also, in contrast to the state of Wisconsin, average annual self employment income of $33,386, Marathon City is 20.9% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Marathon City depicts total number of self-employed men about twice as large as the total number of self-employed women.