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Martin County Housing Market

Indiana · 92 counties · Ranked #1153 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$150,400

vs national$150,400 vs $281,900 national

Median Gross Rent

$643/mo

vs national$643 vs $1,163 national

Effective Tax Rate

0.53%

vs national0.53% vs 1.02% national

Median Household Income

$65,345

vs national$65,345 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

21.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$798

Tax as % of Home Value

0.53%

Monthly Owner Cost

$758

Renter Income

$34,850

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Martin County?

The median home value in Martin County is $150,400. This is below the national median of $281,900.

How much is rent in Martin County?

The median gross rent in Martin County is $643 per month.

What is the property tax rate in Martin County?

The effective property tax rate in Martin County is 0.53%. The median annual property tax bill is $798.

Is Martin County affordable?

With a home-value-to-income ratio of 2.3x, Martin County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.