Is Martin, Tennessee a Good Place To Live? - Living In Martin, TN

Is Martin, Tennessee a good place to live?
Martin is a city in Tennessee state in USA with a population of 10585 residents.. The poverty rate of Martin is 29.1%, which is 108% higher than national average. The typical household in Martin earns $33030 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Martin, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Martin remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Martin, only 27% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Martin is 81, which is 19% lower than national average. Median home value in Martin is $130600 , which is 43% lower than national average. While median income in Martin remained $33030, which is 51% lower than national average.
Population
10585
Unemployment
5.8%
23% NAT AVG.
Poverty
29.1%
108% NAT AVG.
Overall Score
4
Median Home Cost
$130600
43% NAT AVG.
Median Income
$33030
51% NAT AVG.
Median Rent
$649
44% NAT AVG.
Cost Of Living
81
19% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 17
People Earning < $10,000
1 in 6
People Earning < $50,000
63.1%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.2
Pros & Cons Overview

Jobs50%

Housing50%

Affordability50%

Safety50%

Amenities80%

Diversity80%

Education80%

Commute95%