Manageable

What Salary Do You Need to Live in Martin?

To afford a 2-bedroom in Martin, you need to earn at least $35,960/year based on estimated fair market rent data. The median household income here is $38,235, which means the typical resident is $2,275 above the threshold.

Census ACS Data Pop. 10,823

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$629	$2,097	$25,160	$-13,075
1 Bedroom	$746	$2,487	$29,840	$-8,395
2 Bedroom BENCHMARK	$899	$2,997	$35,960	$-2,275
3 Bedroom	$1,097	$3,657	$43,880	+$5,645
4 Bedroom	$1,349	$4,497	$53,960	+$15,725

Affordability Breakdown

Where the required salary line crosses above Martin's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$38,235

Annual household

2BR Required Salary

$35,960

Under 30% rule

Income Gap

+$2,275

Surplus

Verdict

Manageable

Ratio: 28.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Martin

Your Annual Salary

Pre-filled with Martin's median household income

Max monthly rent you can afford$956

Studio

$629/mo

1 BR

$746/mo

2 BR

$899/mo

3 BR

$1,097/mo

4 BR

$1,349/mo

Your salary is $0 above the median income in Martin.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Martin's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Martin

Martin is borderline manageable — the difference between required salary and median income is just $2,275. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($746/month) or studio ($629/month) materially improves the math. For those needing more space, a 3-bedroom in Martin pushes the required income to $43,880.

For comfortable living in Martin without financial stress, target a household income of at least $53,940 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Tennessee's cost of living.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Martin, Tennessee.

With a total population of 10,823, the city supports an active civilian workforce of 4,529 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $35,960 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

4,529

Active civilian employees in Martin

Frequently Asked Questions About Renting in Martin

What salary do I need to live in Martin, Tennessee?

To afford a 2-bedroom in Martin under the 30% rule, you need an annual salary of at least $35,960. The median household income in Martin is $38,235.

Can I afford a 2-bedroom in Martin on $38,235?

The affordability verdict for Martin is "Manageable". The rent-to-income ratio is 28.2%, meaning median earners have a $2,275 surplus.

What is the average rent in Martin compared to median income?

The median gross rent in Martin is $746/month. With a median household income of $38,235, residents spend approximately 28.2% of their income on rent.

What salary do I need for a studio in Martin?

A studio in Martin rents for approximately $629/month. Under the 30% rule, you need an annual salary of $25,160 to afford this.

Is Martin considered an affordable place to live?

Based on the surplus of $2,275 and an affordability verdict of "Manageable", Martin is considered a manageable rental market when comparing the required 2-bedroom salary of $35,960 to the local median household income.

How Martin Compares

Other cities in Tennessee with salary requirements