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Marengo has the 2982nd largest population in the United States. The population shrank by 2.3% from 2010 to 2015, which was slower than the national average. Marengo is part of the Chicago metro area. Unemployment in the Chicago area is 5%, which is higher than the national average, and is getting better. Chicago has the 3rd largest local economy in the US, and a low cost of living. The average pay for jobs in Marengo is above average at $52,480, and the median cost of a home in Marengo is $162,100, which is below the national average. 17% of workers in Marengo hold a bachelors degree or higher (above average), and 87% of workers have a high school degree (above average). Driving to work is especially common in Marengo. 82% of Marengo workers drive to work alone, 2% take public transit, 7% carpool, and 7% walk. People in Marengo spend an average of 28 minutes commuting to work, which is longer than the national average of 26 minutes.

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