Martinton, IL
Population 312 · Illinois
About Martinton, IL
Martinton is a small community located in Illinois with a population of 312 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,000 per year, which is 14% above the national median of $75,149. The median age of 48.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Martinton features a median home value of $110,500, which is 55% below the national median of $244,900. This makes Martinton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $763, 34% below the national average of $1,163/month. Of the 157 total housing units, 92% are owner-occupied (119 units) and 8% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Martinton shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.8%, above the national average of 12.4%. Workers in Martinton have an average one-way commute time of 38.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
7.0% of Martinton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.2% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 3.2% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in Martinton, IL
Compared to national averages, Martinton has a median household income of $86,000 (14% above the national median of $75,149). Home values average $110,500, which is 55% below the national median. Monthly rent at $763 is 34% below the US average of $1,163. Within Illinois, Martinton's income is 15% above the state average of $75,072, and home values are 33% below the state median of $165,779.
Why Live in Martinton, IL?
Martinton offers a strong local economy with a median household income of $86,000, well above the national average, and affordable housing with a median home value of $110,500, below the US average of $244,900, and rent that’s lower than the national average at $763/month. Additionally, the city features a strong job market with an unemployment rate of just 2.7%.
Martinton has a population of 312 with a median age of 48.8 years. Compare Martinton with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Martinton
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ransom | 312 | $69,250 | $101,500 | Compare |
| Royal | 313 | $93,500 | $144,600 | Compare |
| Arenzville | 310 | $82,188 | $109,900 | Compare |
| Virgil | 310 | $97,500 | $301,500 | Compare |
| Addieville | 315 | $101,875 | $153,300 | Compare |
| Waltonville | 315 | $69,583 | $96,100 | Compare |
| Manlius | 308 | $67,500 | $87,800 | Compare |
| Royal Lakes | 318 | $0 | $54,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Martinton
What is the population of Martinton, IL?
The population of Martinton, IL is 312 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Martinton?
The median household income in Martinton, IL is $86,000 per year, which is 14% above the national median of $75,149.
What is the median home value in Martinton?
The median home value in Martinton, IL is $110,500, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Martinton?
The median monthly rent in Martinton, IL is $763, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Martinton?
The unemployment rate in Martinton, IL is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Martinton, IL a good place to live?
Martinton offers above-average incomes, affordable housing, and a strong job market. With a population of 312 and a median age of 48.8, the city appeals to established professionals and retirees.
How educated is Martinton, IL?
7.0% of residents in Martinton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Martinton?
Key cost-of-living indicators for Martinton, IL: median home value is $110,500 (55% below national), median rent is $763/month, and median household income is $86,000. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Martinton?
The poverty rate in Martinton, IL is 12.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Martinton, IL?
Martinton's population is 3.2% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 3.2% Asian, and 0.0% two or more races. 2.6% of residents are foreign-born.