Living in Martin, South Dakota
Cost of living, income, home prices, rent and demographics of Martin · Census data 2020–2024
Martin has 947 residents with a median age of 34.3. The median household income is $54,063 (28% lower than the South Dakota median), the median home value is $103,900, the median rent is $638/month.
Martin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Martin at a glance
- Population
- 947
- Median age
- 34.3State: 38
- Median household income
- $54,063State: $75,081
- Median home value
- $103,900State: $257,400
- Median rent
- $638/moState: $946
- Homeowners
- 63.6%
- Bachelor's degree or higher
- 37.5%
- Average commute
- 10 min
Is Martin a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 10 minutes.
Cons: Median household income 28% lower than the South Dakota median; unemployment of 5%; a poverty rate of 17.5%.
The weather is best in June to September.
Cost of living in Martin
Housing is the biggest part of the cost of living. In Martin the median home value is $103,900, 69% lower than the U.S. median. Renters pay a median of $638 per month, which is 18% of household income. Homeowners with a mortgage pay $1,216 a month in housing costs.
Martin median household income
The median household income in Martin is $54,063 and the income per person is $28,499. 17.5% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Martin: homes for sale and rent
- Housing units
- 398
- Owner-occupied
- 63.6%
- Renter-occupied
- 36.4%
- Vacant
- 21.4%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.89
Martin demographics
- Population
- 947
- Median age
- 34.3
- Under 18
- 33.8%
- 65 and older
- 15.5%
- Households
- 313
- Foreign-born
- 3.4%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Martin ›
Education in Martin
37.5% of adults 25 and older in Martin have a bachelor's degree or higher (South Dakota: 31.9%), and 8.8% have a graduate or professional degree.
Jobs and commute in Martin
- Unemployment rate
- 5%State: 2.9%
- Average commute
- 10 minState: 18 min
- Work from home
- 6.8%
- Drive alone
- 77.9%
- Public transit
- 0%
- Walk to work
- 7.8%
- Homes with broadband
- 73.2%
Martin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Martin | 947 | $54,063 | $103,900 | $638 |
| Merriman | 117 | $41,477 | — | — |
| Kyle | 667 | $36,250 | $9,999 | $634 |
| Cody | 125 | $72,500 | $102,800 | $658 |
| Wounded Knee | 524 | $2,499 | — | — |
| Gordon | 1,721 | $59,226 | $97,400 | $625 |
| Corn Creek | 113 | $2,499 | — | — |
More for people moving to Martin
Martin ZIP code ›Weather and climate ›Living in Martin: FAQ
What is the median household income in Martin, SD?
The median household income in Martin is $54,063, 28% lower than the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Martin?
The median home value in Martin is $103,900, compared with $257,400 in South Dakota.
How much is rent in Martin?
The median gross rent in Martin is $638 per month, about 18% of household income.
Is Martin, SD a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 10 minutes. Minuses: median household income 28% lower than the South Dakota median; unemployment of 5%; a poverty rate of 17.5%.
What is the median age in Martin?
The median age in Martin is 34.3 years (South Dakota: 38).
How long is the commute in Martin?
The average commute to work in Martin is 10 minutes; 6.8% of workers work from home.
What is the unemployment rate in Martin?
The unemployment rate in Martin is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Martin?
37.5% of adults in Martin have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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