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The total population of Martin is estimated to be 10,823 with 5,382 males (49.73%) and 5,441 females (50.27%). There are 59 more females than males in Martin.
The median household income in Martin was $40,520 in 2021, which marked an an increase of 3,092(8.26%) from $37,428 in 2020. This income is 54.31% 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 45 to 64 years old, at $60,196. Overall, the median household income for the city of Martin stands at $40,520.
In Martin, the median income for all workers aged 15 years and older, regardless of work hours, was $27,006 for males and $16,556 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,734 for males and $40,534 for females.
In Martin, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, American Indian and Alaska Native households have the highest median household income at $66,978, while Some Other Race households represent the opposite end with the lowest median household income of $29,185.
In 2022, the population of Martin was 10,894, a 1.22% increase year-by-year from 2021. Previously, in 2021, Martin's population was 10,763, a decline of 0.55% compared to a population of 10,823 in 2020.
The median age in Martin, TN is 24.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.59% were under the age of 15, 42.96% aged 15 to 29, 32.42% aged 30 to 64, 9.17% aged 65 to 84, and 1.86% were 85 years of age and older.
Racial distribution of Martin population: 77.65% are White, 16.32% are Black or African American, 0.70% are American Indian and Alaska Native, 1.88% are Asian, 0.11% are Native Hawaiian and other Pacific Islander, 1.56% are some other race and 1.78% are multiracial.