MARSHFIELD — The City of Marshfield and Marshfield Area Chamber of Commerce recently released the city’s Economic Profile for 2025.
The report stresses that Marshfield is prepared to accommodate new and expanding businesses and that the city now offers 123 acres of certified sites that are "shovel-ready".
The Marshfield economy is buttressed by its key industries, including agriculture, manufacturing, medical and transportation.
The total assessed value of commercial properties in the city stands at $749,503,600, with manufacturing properties specifically valued at $107,857,500.
Transportation statistics reveal Marshfield’s strong connectivity despite being 40 miles from the nearest interstate (I-39).
The area is serviced by 15 motor freight carriers that offer overnight service to major hubs like Chicago and Minneapolis/St. Paul.
Key contract haulers operating locally include Roehl Transport, Inc., Schneider and Draxler Transport, Inc..
Air travel is supported by the nearby Central Wisconsin Airport (CWA) in Mosinee, 35 miles away, serviced by Delta and American Airlines, as well as the local Marshfield Municipal Airport, which features a 5,000-foot blacktop runway.
The Marshfield Clinic Health System (MCHS) continues to top the local employment landscape.
The system employs nearly 10,000 employees, with more than 4,000 staff based directly in Marshfield.
MCHS operates 11 hospitals and 65 clinical locations across 45 Wisconsin communities.
The city is also a hub for innovation, hosting the Marshfield Clinic Research Institute, which is the largest private medical research institute in Wisconsin.
The institute manages more than $51.5 million in research funding and employs over 40 Ph.D. and M.D. scientists.
The local workforce is led by the management, business, science and arts occupations, which account for the largest share of employment at 3,379 jobs.
The housing market shows accessible values, with the 2024 average price for a single-family home reported at $229,617.
Marshfield’s financial institutions hold substantial deposits, including Associated Bank at $359.6 million, Forward Bank at $287.3 million and Simplicity Credit Union at $266.8 million as of 2024.
The profile emphasizes the strength of local educational institutions as critical to talent retention.
It shows that Mid-State Technical College reports that 93% of its graduates are employed within six months of graduation.
The report also notes that the city manages 20 city parks and five county parks, and over 25 miles of pedestrian/bike trails, highlighting the fast-growing sport of pickleball, offering two indoor and 20 outdoor courts.
To see the full report, visit ci.marshfield.wi.us/departments_and_divisions/economic_development/plans_reports_and_studies.php.
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