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Martin Tennessee Real Estate By Jennifer Hershey

Martin Tennessee Real Estate

Martin, Tennessee, is located in Weakley County, 50 miles N of Jackson, Tennessee and 104 miles NE of Memphis, Tennessee. Martin has a population of 10,515.

Martin Homes

Martin properties pool is 3,757 residential properties including Martin new homes. Median age of real estate in Martin is 1972. Average Household size is 2.87 people. 2% are one bedroom homes, 17% are 2 bedroom homes, 60% are 3 bedroom homes, 16% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Martin Mortgage Statistics

Martin mortgages vs. USA median statistics

Homes Martin USA
Homes With No Mortgage 42%
30%
Homes With Mortgage 58%
70%
First Mortgage Only 48%
54%
First & Second Mortgage or HELOC 11%
16%

Martin Area Real Estate Tax

Martin Real estate Tax: Median Real Estate Taxes (2000) were $666 comparing to 1999 Median Family income $ 38,648. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Martin School District: Children make up 16.7% of Martin population. Martin has 1,759 under 18 years old residents, or 0.4 kids per one worker, or 0.47 kids per one household.

Martin Real Estate & Martin Homeownership

There are 1239.81 or 33% one person households, 1314.95 or 35% two person households, and 601.12 or 16% three person households in Martin, Tennessee. Median residents age is 25.5, Senior citizens (65+) make up 1,352 or 12.9%% of Martin population.

There are 4,345 workers (over 16 years of age) in Martin. Of these, 87.18% drive to work. Approximately 0.62% of workers in Martin take public transportation. An estimated 8.12% walk to work.

Median Martin homeowner's housing expences are 17.3%

Crime in Martin (2003), crimes per 10,000 residents per year

Type of Crime Martin USA, 2003
Violent Crimes
40.89
47.5
Robberies
8.56
14.2
Aggravated Assaults
28.53
29.5
Property Crimes
258.68
358.8
Burglaries
44.7
74.0
Larceny-Thefts
206.37
241.5
Motor Vehicle Thefts
7.61
43.3

Invest in Martin Properties

When making a decision about buying real estate in Martin Tennessee area, you should consider following statistical data:

Category Martin USA
Near Medium City
Jackson, Tennessee
-
Near Large City
Memphis, Tennessee
-
Martin Zip Codes
38237
-
Martin Area Codes
731
-
White population
78.32%
75.1%
African-American population
15.62%
12.3%
Asian
4.13%
3.6%
American Indian & Alaskan
0.08%
0.9%
Hispanic (of any race)
1.82%
12.5%
Median Family Income (1999)
$ 38,648%
$42,000
Population Below Poverty Level
21.47%
12.4%

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