Martin County, Indiana Income Statistics
Martin County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
C
Martin County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Martin County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,577 | $71,967 | $80,455 |
| Median Personal Income | $49,756 | $55,757 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.5% | 4.8% |
| Six-Figure Earners | 7.4% | 10.2% | 13.9% |
| $200k+ Households | 5.3% | 8.2% | 13.2% |
The median household income in Martin County is about 5% lower than in Indiana. Income has been growing faster in Martin County (4.8%/yr) than in Indiana (4.5%/yr).
About 7% of adults in Martin County earn six figures ($100,000 or more) a year, lower than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Martin County, Indiana grew by 59.8% from 2009 to 2024, reaching $68,577 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Martin County
| Metric | Martin County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.525 | 0.534 | 0.552 |
| Male Median Income | $56,423 | $65,086 | $69,667 |
| Female Median Income | $52,302 | $51,220 | $56,850 |
| Gender Pay Gap | 7.3% | 21.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Martin County, it is 0.525, lower than Indiana's 0.534, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 8% more than women's income in Martin County, Indiana. Over a 35-year career, a 8% wage gap accumulates to roughly $144,235 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Martin County, Indiana has narrowed from about 24% to 7% in 2024. Over that period the gap in 2023 women out-earned men by 6%. In dollar terms, the gap has narrowed by $5,764 since 2009.
Employment
| Metric | Martin County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 4.3% | 5.2% |
| Working from Home | 8.6% | 10.7% | 15.0% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 116 people are unemployed in Martin County, Indiana.
The average commute time in Martin County is 26 minutes, longer than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Martin County, Indiana has fallen from 7.2% to 2.4% in 2024. Over that period the rate peaked at 7.8% in 2012 and fell as low as 1.5% in 2020.
Martin County, IN Wealth Compared With Nearby Counties
Martin County, IN is the smallest of the 6 counties compared here, 9,829 residents against a local median of 33,658. Martin County, IN's unemployment, at 2.4%, runs 24% below the 3.1% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 4.5% on unemployment, so Martin County, IN sits at one end of an already wide local range rather than apart from it. Martin County, IN has the 3rd lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Martin County, IN | 9,829 | $68,577 #3/6 | 4.8%/yr #2/6 | 2.4% #3/6 | 0.525 #5/6 |
| Daviess County, IN | 33,658 | $69,555 | 4.7%/yr | 1.5% | 0.543 |
| Lawrence County, IN | 45,100 | $66,717 | 4.8%/yr | 3.5% | 0.519 |
| Orange County, IN | 19,767 | $66,028 | 5.9%/yr | 3.1% | 0.503 |
| Dubois County, IN | 43,614 | $75,837 | 3.8%/yr | 2.3% | 0.493 |
| Greene County, IN | 31,021 | $62,067 | 4.1%/yr | 6.0% | 0.520 |
Conclusion
Considering all these factors, Martin County, Indiana has an overall wealth index grade of C, making it about on par with Indiana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Martin County, Indiana.
How Rich Is Martin County, Indiana?
Martin County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $68,577, about 5% lower than the Indiana average of $71,967.
How has median household income changed in Martin County, Indiana?
Between 2009 and 2024, the median household income in Martin County, Indiana rose 60%, from $42,902 to $68,577. Over the same years, income here outpaced Indiana as a whole: +60% against +52%.
What was the median household income in Martin County in 2023?
In 2023, the median household income in Martin County, Indiana was $65,000, up 1% from $64,491 in 2022. The Indiana median that year was $70,115.
What was the median household income in Martin County in 2020?
In 2020, the median household income in Martin County, Indiana was $55,056. By 2024 it had risen 25% to $68,577.
Is unemployment high in Martin County, Indiana?
Unemployment in Martin County, Indiana is only 2.4%, well below the Indiana rate of 4.3%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Martin County, Indiana?
The Gini coefficient in Martin County is 0.525. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Martin County, Indiana?
Since 2009, the income gap between men and women in Martin County, Indiana has narrowed from about 24% to 7% in 2024. Over that period the gap in 2023 women out-earned men by 6%. In dollar terms, the gap has narrowed by $5,764 since 2009.
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