Martin County, North Carolina 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.
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D
Martin County Well below averageLess wealthy than 79% of counties in North Carolina
Source: Map AI Methodology
Income Statistics Overview
| Metric | Martin County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,856 | $72,438 | $80,455 |
| Median Personal Income | $41,924 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.3% | 5.2% | 4.8% |
| Six-Figure Earners | 4.8% | 11.9% | 13.9% |
| $200k+ Households | 3.8% | 10.4% | 13.2% |
The median household income in Martin County is about 33% lower than in North Carolina. Income has been growing slower in Martin County (4.3%/yr) than in North Carolina (5.2%/yr).
About 5% of adults in Martin County earn six figures ($100,000 or more) a year, lower than the North Carolina average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Martin County, North Carolina grew by 52.9% from 2009 to 2024, reaching $48,856 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Martin County
| Metric | Martin County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.507 | 0.547 | 0.552 |
| Male Median Income | $46,740 | $63,136 | $69,667 |
| Female Median Income | $42,481 | $52,579 | $56,850 |
| Gender Pay Gap | 9.1% | 16.7% | 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 0.507, lower than North Carolina's 0.547, 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 10% more than women's income in Martin County, North Carolina. Over a 35-year career, a 10% wage gap accumulates to roughly $149,065 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, North Carolina has narrowed from about 26% to 9% in 2024. Over that period the gap was widest at 30% in 2011. In dollar terms, the gap has narrowed by $4,893 since 2009.
Employment
| Metric | Martin County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 4.6% | 5.2% |
| Working from Home | 5.5% | 16.3% | 15.0% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 617 people are unemployed in Martin County, North Carolina.
The average commute time in Martin County is 23 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Martin County, North Carolina has fallen from 11.9% to 6.1% in 2024. Over that period the rate peaked at 16.5% in 2013.
Martin County, NC Wealth Compared With Nearby Counties
Martin County, NC is the 4th largest of the 6 counties compared here, 21,644 residents against a local median of 44,493. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Martin County, NC an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income inequality, 9% below the local median at 0.507 against 0.558. Martin County, NC has the lowest income inequality 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, NC | 21,644 | $48,856 #5/6 | 4.3%/yr #4/6 | 6.1% #4/6 | 0.507 #1/6 |
| Bertie County, NC | 17,166 | $49,724 | 5.9%/yr | 5.1% | 0.558 |
| Pitt County, NC | 177,193 | $57,898 | 4.0%/yr | 7.7% | 0.558 |
| Beaufort County, NC | 44,493 | $58,253 | 4.5%/yr | 3.9% | 0.526 |
| Edgecombe County, NC | 48,736 | $51,050 | 5.8%/yr | 8.7% | 0.529 |
| Hertford County, NC | 19,906 | $45,535 | 3.6%/yr | 5.9% | 0.569 |
Conclusion
Considering all these factors, Martin County, North Carolina has an overall wealth index grade of D, making it somewhat worse than North Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Martin County, North Carolina.
How Rich Is Martin County, North Carolina?
Martin County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $48,856, about 33% lower than the North Carolina average of $72,438.
How has median household income changed in Martin County, North Carolina?
Between 2009 and 2024, the median household income in Martin County, North Carolina rose 53%, from $31,958 to $48,856. Over the same years, income here lagged behind North Carolina as a whole: +53% against +61%.
What was the median household income in Martin County in 2023?
In 2023, the median household income in Martin County, North Carolina was $47,086, up 5% from $44,814 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Martin County in 2020?
In 2020, the median household income in Martin County, North Carolina was $39,890. By 2024 it had risen 22% to $48,856.
Is unemployment high in Martin County, North Carolina?
Unemployment in Martin County, North Carolina is 6.1%, well above the North Carolina rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Martin County, North Carolina?
The Gini coefficient in Martin County is 0.507. 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, North Carolina?
Since 2009, the income gap between men and women in Martin County, North Carolina has narrowed from about 26% to 9% in 2024. Over that period the gap was widest at 30% in 2011. In dollar terms, the gap has narrowed by $4,893 since 2009.
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