Martin County, IN

Comprehensive housing, income, and cost of living data for Martin County, Indiana. Population: 9.9K.

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Median Home Price

$195.5K

Based on 3 cities

Median Household Income

$65.3K

Annual household income

Price-to-Income Ratio

3.0x

Highly affordable

Salary Needed to Buy

$48.7K

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

Housing & Finance

Annual Property Tax

$798

Average annual amount

Effective Tax Rate

0.41%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$988

Property Tax$66.50

Insurance$81.45

Total Monthly$1,136

Historical Home Prices

2015

$86.0K

2016

$87.3K

+1.6%%

2017

$92.1K

+5.5%%

2018

$99.3K

+7.8%%

2019

$107.8K

+8.6%%

2020

$123.4K

+14.5%%

2021

$147.5K

+19.5%%

2022

$157.5K

+6.8%%

2023

$171.0K

+8.5%%

2024

$183.4K

+7.2%%

2025

$190.0K

+3.6%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.7%%

Below national average

Population Density

People per square mile

Political Lean (2020)

Competitive

R+1

Racial Demographics

White

94.5%

Black

0.2%

Hispanic

1.2%

Asian

0.1%

Two or More Races

3.6%

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

Climate & Environment

Average Temperature

54°F

Annual average

Sunny Days

204

Days per year

Annual Rainfall

49.4"

Inches per year

Natural Disaster Risk

Low Risk

Score: 12/100

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