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Marathon County, WI

Wausau

RANK #26 / 996 NAT  ·  #2 / 29 WI  ·  POP 137,820

1YR FORECAST: +6.4%

5YR OUTLOOK: +42%

#11 Best for Families
Our model projects Marathon County's housing market to grow +6.4% over the next year, significantly outpacing the national average.

[01] Why Marathon County?

Rib Mountain State Park, home to one of the oldest geological formations on Earth and Granite Peak Ski Area, is a prominent feature of Marathon County, Wisconsin. Located in north-central Wisconsin, Marathon County is the state's largest county by area. Wausau, the county seat, is about a three-hour drive from Milwaukee and Minneapolis. The community offers a blend of urban amenities and small-town atmosphere. Commuting within Wausau is facilitated by Metro Ride, the city's bus system. The county also boasts over 100 miles of bike and pedestrian routes, including the 83-mile Mountain-Bay State Trail. Outdoor recreation is a significant draw, with 17 county parks, numerous lakes and rivers, and extensive trails for hiking, biking, and winter sports.

Life in Marathon County is characterized by a strong sense of community and access to outdoor activities. Public schools in Marathon County generally perform above the state average in math and reading proficiency. The economy is largely driven by manufacturing and agriculture, with Marathon County ranking highly in dairy production and total agricultural sales. While the county has seen an increase in households struggling with basic needs, efforts are underway to address these challenges and improve the quality of life for all residents.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+2.5%

Below national median

Home Prices
+9.0%

Outpacing national median

Climate & Terrain
-3.3

Harsh climate or flat terrain

Price/Rent
17x

Above national median (13x)

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Aspirus Wausau Hospital, Inc. Healthcare
  2. 2
    Greenheck Fan Corp. Manufacturing
  3. 3
    Kolbe & Kolbe Millwork Co., Inc. Manufacturing
  4. 4
    Liberty Mutual Insurance Co. Finance
  5. 5
    United Healthcare Services, Inc. Healthcare
  6. 6
    Marathon Cheese Corporation Manufacturing
  7. 7
    Apogee Wausau Group, Inc. Manufacturing
  8. 8
    Wal-Mart Retail
  9. 9
    Wausau School District Education
  10. 10
    City of Wausau Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Marathon County U.S. National

The Numbers

DEMOGRAPHICS
Population
137,820
+0.16% YoY
Median Household Income
$73,248
Median Home Value
$194,500
+8.99% 12mo
Median Rent
$898
Average Annual Pay
$57,976
+2.2% YoY
Employment
70,626
+0.9% YoY
Income-to-Home-Value
0.3766
More affordable than average
Migration Inflow
3.17%
of pop. from another state
Bachelor's Degree+
27.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$268,000
Days on Market
81
Slower market
Months of Supply
4.0
Balanced market
Sale-to-List Ratio
99.8%
Near asking price
Sold Above List
41.0%
Listings w/ Price Drops
7.8%
Building Permits (2024)
408
Single-Family Permits
216

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.5
per 100K · nat avg 6.3
Firearm Fatalities
8.1
per 100K · nat avg 14.8
Injury Deaths
70.2
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.3
Good
Good Air Days
90%
556 of 621 days
Unhealthy+ Days (3yr)
9
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
36
2022
35
2023
41
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

GDP Growth +2.5% 46 percentile
Population Growth +0.2% 37 percentile
Income Growth +7.8% 33 percentile
Vacancy Rate 0.7% 84 percentile
Home Price Change +9.0% 99 percentile
Rent Growth +6.1% 88 percentile
Price/Rent 17x 21 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Marathon County, WI a good place to move to?

Marathon County ranks #26 out of 996 U.S. counties on the Boom Town Index with a score of 98/100, putting it in the top tier nationally. Job growth of +0.9% and a median household income of $73,248 point to a county with active economic momentum.

Is Marathon County affordable?

By national standards, Marathon County is quite affordable. Homes here have a median value of $194,500, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $898/month. Residents can generally buy a home without being cost-burdened.

Is Marathon County growing or shrinking?

Population and employment in Marathon County are both close to flat — population +0.2% YoY and jobs +0.9%. Home values shifted +9.0% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Marathon County?

There's a moderate stream of newcomers. About 3.17% of residents moved from another state, which is above average and suggests Marathon County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Marathon County?

Home values climbed +9.0% year-over-year, which is a solid pace of appreciation. The median home in Marathon County is now valued at $194,500. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Dodge County, WI 99 Waupaca County, WI 96 Sauk County, WI 96 Fond du Lac County, WI 95 Rock County, WI 95 Portage County, WI 94 Blair County, PA 98 Franklin County, MO 98