Michigan · Census place 51980
Martin village, MI
Quick answer
Martin village has 570 residents, ranking #532 of 745 places in Michigan. Median household income is $56,818, the median home is worth $161,700 and median gross rent runs $339 a month.
- Population
- 570Martin village residents
- Median household income
- $56,818Past 12 months, inflation adjusted
- Median home value
- $161,700Owner-occupied units
- Median gross rent
- $339Rent plus utilities, monthly
- Median age
- 38.6 yrsAll residents
- Homeownership rate
- 81.8%Owner-occupied households
What the numbers mean in Martin village
Housing cost measured against local earnings.
A household earning the Martin village median would spend about 7.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.7% of residents and 81.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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