Martin, SD
Population 1,054 · South Dakota
About Martin, SD
Martin is a small town located in South Dakota with a population of 1,054 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,609 per year, which is 34% below the national median of $75,149. The median age of 34.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Martin features a median home value of $87,300, which is 64% below the national median of $244,900. This makes Martin one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $667, 43% below the national average of $1,163/month. Of the 446 total housing units, 64% are owner-occupied (238 units) and 36% are renter-occupied (134 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Martin shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 14.7%, above the national average of 12.4%. Workers in Martin have an average one-way commute time of 9.1 minutes, one of the shorter commutes in the region.
Education & Demographics
35.1% of Martin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.0% White, 43.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Martin, SD
Compared to national averages, Martin has a median household income of $49,609 (34% below the national median of $75,149). Home values average $87,300, which is 64% below the national median. Monthly rent at $667 is 43% below the US average of $1,163. Within South Dakota, Martin's income is 23% below the state average of $64,650, and home values are 39% below the state median of $143,757.
Why Live in Martin, SD?
Martin offers affordable housing with a median home value of $87,300, below the US average of $244,900, and rent that’s lower than the national average at $667/month, and a well-educated community where 35.1% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 9.1 minutes.
Potential considerations include median household income ($49,609) that falls below the national average. However, Martin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Martin has a population of 1,054 with a median age of 34.6 years. Compare Martin with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Martin
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Worthing | 1,087 | $91,250 | $214,000 | Compare |
| Colman | 1,011 | $73,000 | $227,600 | Compare |
| Marion | 1,004 | $72,969 | $167,400 | Compare |
| Britton | 1,117 | $70,156 | $110,100 | Compare |
| Howard | 990 | $54,792 | $93,200 | Compare |
| Alcester | 987 | $58,661 | $114,400 | Compare |
| Ipswich | 1,126 | $79,135 | $165,600 | Compare |
| De Smet | 974 | $60,139 | $155,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Martin With Other Cities
Frequently Asked Questions about Martin
What is the population of Martin, SD?
The population of Martin, SD is 1,054 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in South Dakota.
What is the median household income in Martin?
The median household income in Martin, SD is $49,609 per year, which is 34% below the national median of $75,149.
What is the median home value in Martin?
The median home value in Martin, SD is $87,300, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Martin?
The median monthly rent in Martin, SD is $667, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Martin?
The unemployment rate in Martin, SD is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Martin, SD a good place to live?
Martin offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,054 and a median age of 34.6, the city appeals to young professionals and families.
How educated is Martin, SD?
35.1% of residents in Martin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Martin?
Key cost-of-living indicators for Martin, SD: median home value is $87,300 (64% below national), median rent is $667/month, and median household income is $49,609. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Martin?
The poverty rate in Martin, SD is 14.7%, 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 Martin, SD?
Martin's population is 6.0% White, 43.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.