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The total population of Martin is estimated to be 530 with 300 males (56.60%) and 230 females (43.40%). There are 70 less females than males in Martin.
The median household income in Martin was $52,019 in 2021, which marked an an increase of 673(1.31%) from $51,346 in 2020. This income is 69.72% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Martin sees its highest median household income among householders in the age group of 25 to 44 years old, at $70,935. Overall, the median household income for the village of Martin stands at $52,019.
In Martin, the median income for all workers aged 15 years and older, regardless of work hours, was $34,724 for males and $18,646 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $35,693 for males and $57,423 for females.
In Martin, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $270,229, while White households have a median household income of $45,885.
In 2022, the population of Martin was 400, a 0.99% decrease year-by-year from 2021. Previously, in 2021, Martin's population was 404, a decline of 0.49% compared to a population of 406 in 2020.
The median age in Martin, MI is 38.4, as per 2021 ACS 5-Year Estimates. Of the total population, 17.49% were under the age of 15, 18.47% aged 15 to 29, 48.13% aged 30 to 64, 15.32% aged 65 to 84, and 0.59% were 85 years of age and older.
Racial distribution of Martin population: 91.75% are White, 1.96% are Black or African American, 1.38% are some other race and 4.91% are multiracial.