The median home value in Martin, KY is $61,900. This is lower than the county median home value of $79,800. The national median home value is $338,100. The average price of homes sold in Martin, KY is $61,900. Approximately 7.20% of Martin homes are owned, compared to 50.76% rented, while 42.05% are vacant. Martin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Martin real estate agent to arrange a tour today!
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Martin has a population of approximately 312 and experiences a population change rate of -50.71%. The population density is 426.2 / sq mi.
The median household income for Martin is $21,736, with 153 households and an average household size of 2.04.
The cost of living index in Martin is 78.8%.
The median value of a home in Martin is $61,900 with an appreciation rate of 16.7%. 7.2% of housing in the city is owned while 50.8% is rented.
The unemployment rate in Martin is 5.00%, and recent job growth is at 0.73%. Future job growth is projected at 35.82%.
The sales tax rate in Martin is 6.00%, while the income tax rate is 5.00%.
School expenditures in Martin are $12,766, and the school ratio is 13.9:1.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 43.7 inches per year, with 5.5 inches of snow per year.
| Metric | City | County |
|---|---|---|
| High School Graduates | 77.73 | 77.13 |
| College Degree - 2 year | 14.55 | 5.92 |
| College Degree - 4 year | 2.73 | 12.62 |
| Graduate Degree | 1.82 | 4.31 |
| Expenditures per Student | $12,766 | $12,766 |
| Students per Teacher | 13.90 | 13.90 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Allen Elementary School | PK - 08 | 509 | 14.6 | 41601 |
| Betsy Layne Elementary School | PK - 08 | 675 | 16.5 | 41605 |
| James A Duff Elementary School | PK - 05 | 304 | 14.5 | 41622 |
| May Valley Elementary School | PK - 05 | 430 | 15.9 | 41649 |
| Prestonsburg Elementary School | PK - 05 | 786 | 17.1 | 41653 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Allen Central Middle School | 06 - 08 | 303 | 18.4 | 41622 |
| Home Instruction Elementary | 05 - 06 | 6 | null | 41653 |
| James D Adams Middle School | 06 - 08 | 365 | 16.2 | 41653 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Allen Central High School | 09 - 12 | 402 | 15.5 | 41622 |
| Home Instruction H.S. | 09 - 12 | 12 | null | 41653 |
| Prestonsburg High School | 09 - 12 | 526 | 17.8 | 41653 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Renaissance Learning Center | 09 - 12 | 53 | 7.6 | 41649 |
| Floyd County Area Technology Center | UG - UG | 0 | null | 41649 |