Martin County, Kentucky: commercial real estate data.
Martin County, Kentucky has a population of 11,027 across 230 square miles, down 5.2 percent since the 2020 census base. County output reached $290.3 m in 2024, 137 establishments operate here, and the SBA record carries 2 7(a) approvals worth $1.8 m.
93 sourced county values · tier FULL · 10 sections
Martin County
How many people live in Martin County
- Population11,027
- Households3,854
- Average household size2.86
- Median household income$37,042
- Median age40.6
- Median gross rent$450 per month
- Median owner-occupied home value$86,900
- Home value to household income2.3 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher10.2 percent
- Adults 25 and over with a graduate degree4.9 percent
- Adults 25 and over8,115
- Population under 182,179
- Share under 1819.8 percent
- Population 65 and over1,972
- Share 65 and over17.9 percent
- Working age population, 18 to 646,876
- Civilian labor force2,986
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over33.7 percent
- Rank by population among Kentucky counties96th of 120
- Rank by population among US county-equivalents2414th
Martin County is the 96th largest of 120 Kentucky counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 19.8 percent against 17.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Martin County
Is Martin County growing
- Population change since the 2020 census base-5.24 percent
- Census 2020 base population11,287
- Births, 202483
- Deaths, 2024147
- Natural change, 2024-64
- Net domestic migration, 2024-167
- Net international migration, 20240
- Total net migration, 2024-167
- Cumulative net domestic migration, 2021 to 2024-293
- Rank by growth among US county-equivalents2994th
The county has lost 5.24 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Martin County
Where people moving to Martin County come from
- Tax returns filed by households arriving99
- People arriving, from those returns208
- Adjusted gross income arriving$3.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$36,202
- Largest single originMartin County Non-migrants (2,420 households)
- Largest single destination (2,420 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Martin County Non-migrants | 2,420 | 5,739 | $110.4 m |
| Other flows - Same State | 68 | 146 | $2.8 m |
| Other flows - Different State | 31 | 62 | $799,000 |
| Other flows - South | 31 | 62 | $799,000 |
The largest single source of arrivals is Martin County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Martin County
What the Martin County economy runs on
- County GDP, 2024$290.3 m
- County GDP, 2023$261.1 m
- GDP change, 2023 to 202411.2 percent
- GDP change over five years47.2 percent
- Rank by GDP among Kentucky counties97th
- Rank by GDP among US county-equivalents2719th
- GDP per resident$26,326
Output grew 11.2 percent in the latest year and 47.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Martin County
Who employs people in Martin County
- Covered employment, annual average1,960
- Establishments reporting222
- Average annual pay$52,197
- Average weekly wage$1,004
- Sector 44-45, employment265
- Sector 44-45, average annual pay$26,198
- Sector 72, employment133
- Sector 72, average annual pay$14,610
- Sector 56, employment69
- Sector 56, average annual pay$60,335
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 265 | 41 | $26,198 |
| Sector 72 | 133 | 15 | $14,610 |
| Sector 56 | 69 | 13 | $60,335 |
The largest sector is the biggest private employer group at 265 jobs, 13.5 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Martin County
What businesses operate in Martin County
- Establishments, all industries137
- Employment at those establishments1,062
- Annual payroll$38.8 m
- Establishments per 1,000 residents12.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Martin County
How much SBA lending happens in Martin County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$875,000
- Median 7(a) approval$955,000
- 10th percentile approval$795,000
- 90th percentile approval$955,000
- Largest single approval$955,000
- Jobs reported supported, 7(a)16
- Jobs per approval8.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer100.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countGasoline Stations with Convenience Stores (2)
- Most active lenderCommunity Trust Bank, Inc. (2)
The average approval of $875,000 sits close to the median of $955,000, so lending here is fairly evenly sized rather than driven by a few large deals. 100.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Martin County
Do SBA loans in Martin County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Martin County
Which parts of Martin County get the lending
- Places in the county with recorded lending2
- Inez, approvals1
- Warfield, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Inez | 1 | $795,000 |
| Warfield | 1 | $955,000 |
Inez accounts for 1 approvals against 1 in Warfield. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Martin County
How big is Martin County
- Land area230 sq mi
- Rank by land area among Kentucky counties92nd of 120
- Width, east to west19.2 mi
- Height, north to south19.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land48
- Establishments per square mile0.60
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- The Building Permits Survey does not carry a 2024 record for this county.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Martin County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Martin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population11,027
- Households3,854
- Average household size2.86
- Median household income$37,042
- Median age40.6
Common questions
Martin County questions, answered from the record.
How many people live in Martin County, Kentucky?
11,027, in 3,854 households, ranking 96th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Martin County growing?
The population has fallen 5.24 percent since the 2020 census base. In 2024 there were 83 births against 147 deaths, with net migration of -167. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Martin County?
$37,042. The median owner-occupied home is valued at $86,900, which is 2.3 times income, and median gross rent is $450 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Martin County?
137 establishments, employing 1,062 people with an annual payroll of $38.8 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Martin County?
Average annual pay is $52,197, or $1,004 a week, across 1,960 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Martin County?
2 7(a) approvals totalling $1.8 m since FY2020, across 1 lenders, with a median approval of $955,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Martin County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Martin County come from?
The largest single origin is Martin County Non-migrants, with 2,420 households. Arriving households report an average income of $36,202 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Martin County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Martin County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.