Living in Martin, Tennessee

Cost of living, income, home prices, rent and demographics of Martin · Census data 2020–2024

Martin has 10,915 residents with a median age of 24.5. The median household income is $43,381 (38% lower than the Tennessee median), the median home value is $198,300, the median rent is $859/month.

Martin at a glance

Population
10,915
Median age
24.5State: 38.9
Median household income
$43,381State: $69,595
Median home value
$198,300State: $286,700
Median rent
$859/moState: $1,189
Homeowners
42.4%
Bachelor's degree or higher
30.4%
Average commute
14 min

Is Martin a good place to live?

Pros: Home values 31% lower than the state median; an average commute of 14 minutes.

Cons: Median household income 38% lower than the Tennessee median; unemployment of 6.4%; a poverty rate of 26.3%.

The weather is best in May–June and September–October.

Cost of living in Martin

Housing is the biggest part of the cost of living. In Martin the median home value is $198,300, 40% lower than the U.S. median. Renters pay a median of $859 per month, which is 29.3% of household income. Homeowners with a mortgage pay $1,194 a month in housing costs.

Median home value

Martin$198,300
Tennessee$286,700
United States$332,700

Median monthly rent

Martin$859
Tennessee$1,189
United States$1,413

Martin median household income

The median household income in Martin is $43,381 and the income per person is $24,910. 26.3% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Martin$43,381
Tennessee$69,595
United States$80,734

Housing in Martin: homes for sale and rent

Housing units
4,752
Owner-occupied
42.4%
Renter-occupied
57.6%
Vacant
10.2%Includes seasonal homes
Median year built
1981
Average household size
2.11

Martin demographics

Population
10,915
Median age
24.5
Under 18
15.8%
65 and older
10.9%
Households
4,265
Foreign-born
5%
Veterans
4.5%Adults 18+

Race and ethnicity

White72.1%
Hispanic or Latino4.2%
Black18.2%
Asian3.1%

Hispanic or Latino can be of any race. Population history of Martin ›

Education in Martin

30.4% of adults 25 and older in Martin have a bachelor's degree or higher (Tennessee: 31.1%), and 13.6% have a graduate or professional degree.

Bachelor's degree or higher

Martin30.4%
Tennessee31.1%
United States35.7%

Jobs and commute in Martin

Unemployment rate
6.4%State: 4.7%
Average commute
14 minState: 26 min
Work from home
7.4%
Drive alone
71.3%
Public transit
0.3%
Walk to work
7.3%
Homes with broadband
88.3%

Martin vs nearby towns

TownPopulationMedian incomeHome valueRent
Martin10,915$43,381$198,300$859
Sharon1,036$33,906$99,400$625
Dresden2,943$51,000$126,900$725
South Fulton2,379$43,942$83,400$790
Rives162$43,750$112,500$830
Greenfield2,264$47,368$95,300$782
Fulton2,378$36,040$56,300$567
Union City10,982$50,870$146,000$739
Kenton1,513$41,525$111,200$704

More for people moving to Martin

Martin ZIP code ›Weather and climate ›

Living in Martin: FAQ

What is the median household income in Martin, TN?

The median household income in Martin is $43,381, 38% lower than the Tennessee median of $69,595 (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 $198,300, compared with $286,700 in Tennessee.

How much is rent in Martin?

The median gross rent in Martin is $859 per month, about 29.3% of household income.

Is Martin, TN a good place to live?

Pluses: home values 31% lower than the state median; an average commute of 14 minutes. Minuses: median household income 38% lower than the Tennessee median; unemployment of 6.4%; a poverty rate of 26.3%.

What is the median age in Martin?

The median age in Martin is 24.5 years (Tennessee: 38.9).

How long is the commute in Martin?

The average commute to work in Martin is 14 minutes; 7.4% of workers work from home.

What is the unemployment rate in Martin?

The unemployment rate in Martin is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Martin?

30.4% 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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