Martin, KY County is a great place to live for those looking for an affordable lifestyle. The two bedroom rent in the county is $820 which is less than half of the US average of $1,430. Additionally, the cost of groceries is 95 compared to 100 in the US. Local companies in Martin, KY County include Lewis Auto Group, Martin Tire Co., and Rangely Oil & Gas. These local businesses provide a variety of services and products to residents of the county, providing job opportunities as well as support for the local economy.
Martin County has an unemployment rate of 9.3%. The US average is 6.0%.
Martin County has seen the job market decrease by -11.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Martin County
- The Sales Tax Rate for Martin County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Martin County is 6.8%. 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 $18,703 a year. The US average is $37,638 a year.
- The Median household income of a Martin County resident is $40,826 a year. The US average is $69,021 a year.