Marengo, Illinois Unemployment

Marengo, Illinois has a population of 7,500, with a median household income of $103,245.

Current unemployment data for Marengo.

4.80%

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Population

7,500

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Median Income

$103,245

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Unemployment

4.80%

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Housing Price

$452,110

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Crime Rate

2.20

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Internet Speed

220.00 Mbps

Marengo is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Illinois, Marengo provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Marengo has a population of 7,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Marengo is $103,245, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Marengo average around $452,110, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Marengo is 4.80%, which is lower than the state average, indicating a relatively strong job market. Marengo has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Marengo shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Illinois, Marengo contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Marengo

What is the population of Marengo?

The population of Marengo is approximately 7,500.

Is Marengo a good place to live?

Marengo offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Marengo?

The median household income in Marengo is around $103,245.

How expensive is housing in Marengo?

The average housing price in Marengo is approximately $452,110.