Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Martin County, IN

Prices around Martin County, IN run 6.7% below the U.S. average (BEA, Indiana). The typical household there earns $68,594 a year, and HUD puts a two-bedroom at $956 a month. Keeping that rent under 30% of income takes about $38,240 a year.

Martin County, IN at a glance

Median household income

$68,594$5,716 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$956HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, Indiana
Electricity17.5¢per kWh · EIA Residential IN
Population9,830Census ACS 5-year estimate

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

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$956Monthly market rent
Share of gross income16.7%Recommended max: 30%
Annual income needed$38,240To meet the 30% standard
Max affordable rent$1,715At 30% of $68,594
0%30% (Affordability standard)100%
Compare against:

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

HUD's fiscal 2026 Fair Market Rents for Martin County, IN, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Martin County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$685$8,220$27,40012%
1-Bedroom Apartment$729$8,748$29,16012.8%
2-Bedroom ApartmentBenchmark$956$11,472$38,24016.7%
3-Bedroom Home$1,146$13,752$45,84020%
4-Bedroom Home$1,287$15,444$51,48022.5%

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

What a typical income covers in Martin County, IN

The 50/30/20 rule applied to the local median of $68,594 a year ($5,716 a month before tax).

Needs (50%)$2,858/moRent ($956 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,715/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,143/moEmergency fund, retirement, paying down loans

What $68,594 leaves after Indiana taxes

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

$68,594
$25,000$140,000
Filing status:
Gross salary breakdown$68,594
Net 80%
Fed 9%
IN 3%
FICA 8%
Annual take-home$55,092After all taxes
Monthly deposit$4,591Estimated per month
Biweekly paycheck$2,119Every 2 weeks (26/yr)
Effective tax rate19.7%Total tax burden
Federal income tax$6,261 / yr
Indiana state income tax$1,994 / yr
FICA (Social Security & Medicare)$5,247 / yr

Living in Martin County, IN: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Martin County, IN is $68,594 per year (approximately $5,716 per month).

What is the average rent in Martin County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $685 for a studio, $729 for one bedroom, $956 for two, $1,146 for three and $1,287 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, IN expensive to live in?

Prices there run 6.7% below the U.S. average. BEA's regional price parity for Indiana is 93.3, 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, IN?

To keep a $956 two-bedroom under 30% of gross income, a household needs about $38,240 a year, or $3,187 a month. That is 56% of what the typical household in Martin County, IN earns.

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

On the local median income of $68,594 ($5,716 a month before tax), the 50/30/20 rule leaves $2,858 a month for needs like rent, utilities and groceries, $1,715 for everything else and $1,143 for savings or debt. A two-bedroom at $956 takes 33% of the needs share.

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

Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.