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Martin County Housing Market

Kentucky · 120 counties · Ranked #104 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$84,900

vs national$84,900 vs $281,900 national

Median Gross Rent

$441/mo

vs national$441 vs $1,163 national

Effective Tax Rate

0.77%

vs national0.77% vs 1.02% national

Median Household Income

$46,185

vs national$46,185 vs $74,755 national

Affordability Ratio

1.8x

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

Rent Burden

49.0%

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

More Housing Data

Property Tax (Median)

$657

Tax as % of Home Value

0.77%

Monthly Owner Cost

$438

Renter Income

$13,098

Frequently Asked Questions

What is the median home value in Martin County?
The median home value in Martin County is $84,900. This is below the national median of $281,900.
How much is rent in Martin County?
The median gross rent in Martin County is $441 per month.
What is the property tax rate in Martin County?
The effective property tax rate in Martin County is 0.77%. The median annual property tax bill is $657.
Is Martin County affordable?
With a home-value-to-income ratio of 1.8x, 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.