Martin County, FL

Comprehensive housing, income, and cost of living data for Martin County, Florida. Population: 159.4K.

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Median Home Price

$418.7K

Based on 8 cities

Median Household Income

$80.7K

Annual household income

Price-to-Income Ratio

5.2x

Less affordable

Salary Needed to Buy

$109.4K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$3,120

Average annual amount

Effective Tax Rate

0.75%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$2,117

Property Tax$260

Insurance$174

Total Monthly$2,552

Historical Home Prices

2015

$223.8K

2016

$246.4K

+10.1%%

2017

$262.3K

+6.4%%

2018

$277.7K

+5.9%%

2019

$286.1K

+3.0%%

2020

$310.4K

+8.5%%

2021

$379.5K

+22.3%%

2022

$456.7K

+20.3%%

2023

$470.0K

+2.9%%

2024

$460.3K

-2.1%%

2025

$433.8K

-5.8%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.6%%

Below national average

Population Density

293

People per square mile

Homicide Rate

3.6

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

75.5%

Black

4.9%

Hispanic

15.4%

Asian

1.4%

Two or More Races

2.5%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

75°F

Annual average

Sunny Days

198

Days per year

Annual Rainfall

55.6"

Inches per year

Natural Disaster Risk

High Risk

Score: 94/100

January Low

21°F

Average winter low

July High

86°F

Average summer high

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