Marquette, IA
Population 432 · Iowa
About Marquette, IA
Marquette is a small community located in Iowa with a population of 432 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,125 per year, which is 49% below the national median of $75,149. The median age of 48.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Marquette features a median home value of $137,000, which is 44% below the national median of $244,900. This makes Marquette one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $696, 40% below the national average of $1,163/month. Of the 280 total housing units, 66% are owner-occupied (159 units) and 34% are renter-occupied (82 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Marquette shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.7%, above the national average of 12.4%. Workers in Marquette have an average one-way commute time of 12.6 minutes, one of the shorter commutes in the region.
Education & Demographics
17.2% of Marquette residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Marquette, IA
Compared to national averages, Marquette has a median household income of $38,125 (49% below the national median of $75,149). Home values average $137,000, which is 44% below the national median. Monthly rent at $696 is 40% below the US average of $1,163. Within Iowa, Marquette's income is 44% below the state average of $67,947, and home values are 4% above the state median of $132,237.
Why Live in Marquette, IA?
Marquette offers affordable housing with a median home value of $137,000, below the US average of $244,900, and rent that’s lower than the national average at $696/month, and a strong job market with an unemployment rate of just 3.6%. Additionally, the city features short commute times averaging just 12.6 minutes.
Potential considerations include median household income ($38,125) that falls below the national average. However, Marquette’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Marquette has a population of 432 with a median age of 48.2 years. Compare Marquette with other cities to see how it stacks up, or explore all cities in Iowa.
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Marquette
What is the population of Marquette, IA?
The population of Marquette, IA is 432 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Marquette?
The median household income in Marquette, IA is $38,125 per year, which is 49% below the national median of $75,149.
What is the median home value in Marquette?
The median home value in Marquette, IA is $137,000, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Marquette?
The median monthly rent in Marquette, IA is $696, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Marquette?
The unemployment rate in Marquette, IA is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Marquette, IA a good place to live?
Marquette offers a moderate cost of living, affordable housing, and a strong job market. With a population of 432 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Marquette, IA?
17.2% of residents in Marquette aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Marquette?
Key cost-of-living indicators for Marquette, IA: median home value is $137,000 (44% below national), median rent is $696/month, and median household income is $38,125. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Marquette?
The poverty rate in Marquette, IA is 19.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Marquette, IA?
Marquette's population is 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 2.1% of residents are foreign-born.