Florida · Census, HUD and BEA figures · Updated

Cost of Living in Martin County, FL

Prices around Martin County, FL run 0.2% above the U.S. average (BEA, the metro area). The typical household there earns $82,943 a year, and HUD puts a two-bedroom at $1,757 a month. Keeping that rent under 30% of income takes about $70,280 a year.

Martin County, FL at a glance

Median household income

$82,943$6,912 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,757HUD FY2026 Fair Market Rent
Price level (U.S. = 100)100.2+0.2% · BEA, the metro area
Electricity15.1¢per kWh · EIA Residential FL
Population162,176Census ACS 5-year estimate

How much rent can you afford in Martin County, FL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,757Monthly market rent
Share of gross income25.4%Recommended max: 30%
Annual income needed$70,280To meet the 30% standard
Max affordable rent$2,074At 30% of $82,943
0%30% (Affordability standard)100%
Compare against:

How much is rent in Martin County, FL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Port St. Lucie, FL MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Martin County, FL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,455$17,460$58,20021.1%
1-Bedroom Apartment$1,467$17,604$58,68021.2%
2-Bedroom ApartmentBenchmark$1,757$21,084$70,28025.4%
3-Bedroom Home$2,421$29,052$96,84035%
4-Bedroom Home$2,579$30,948$103,16037.3%

Rent in Martin County, FL, with the wage each unit needs →

What a typical income covers in Martin County, FL

The 50/30/20 rule applied to the local median of $82,943 a year ($6,912 a month before tax).

Needs (50%)$3,456/moRent ($1,757 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$2,074/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,382/moEmergency fund, retirement, paying down loans

What $82,943 leaves after Florida taxes

Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.

$82,943
$30,000$170,000
Filing status:
Gross salary breakdown$82,943
Net 81%
Fed 11%
FICA 8%
Annual take-home$67,180After all taxes
Monthly deposit$5,598Estimated per month
Biweekly paycheck$2,584Every 2 weeks (26/yr)
Effective tax rate19%Total tax burden
Federal income tax$9,417 / yr
Florida state income taxNo state wage tax$0
FICA (Social Security & Medicare)$6,345 / yr

Living in Martin County, FL: common questions

What is the median household income in Martin County, FL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Martin County, FL is $82,943 per year (approximately $6,912 per month).

What is the average rent in Martin County, FL?

The closest official figure is HUD's Fair Market Rent for 2026: $1,455 for a studio, $1,467 for one bedroom, $1,757 for two, $2,421 for three and $2,579 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Martin County, FL expensive to live in?

Prices there run 0.2% above the U.S. average. BEA's regional price parity for the metro area is 100.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Martin County, FL?

To keep a $1,757 two-bedroom under 30% of gross income, a household needs about $70,280 a year, or $5,857 a month. That is 85% of what the typical household in Martin County, FL earns.

How much do you need to live comfortably in Martin County, FL?

On the local median income of $82,943 ($6,912 a month before tax), the 50/30/20 rule leaves $3,456 a month for needs like rent, utilities and groceries, $2,074 for everything else and $1,382 for savings or debt. A two-bedroom at $1,757 takes 51% of the needs share.

How much is the electric bill in Martin County, FL?

Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.