Martin County, Indiana is an ideal place to live. Located in the south-central part of the state, Martin County offers both urban and rural living. The county has a population of around 10,000 people and is home to several local businesses such as Martin Creamery, Martin Metals, Martin Foods, and Martin Industries. The cost of living is quite affordable with two bedroom rent coming in at $830 compared to the national average of $1,430. Groceries here are also relatively cheap with a grocery cost index of 91 versus the national average of 100. Living in Martin County could be a great choice for those looking for affordable housing options and plenty of local amenities.
Martin County has an unemployment rate of 3.3%. The US average is 6.0%.
Martin County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Martin County
- The Sales Tax Rate for Martin County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Martin County is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Martin County
- The average income of a Martin County resident is $27,558 a year. The US average is $37,638 a year.
- The Median household income of a Martin County resident is $57,199 a year. The US average is $69,021 a year.