Martin, SD — income, home value, property tax, and sales tax.
Around Martin, ZIP code 57551 sits in middle-income territory, with a median household income of $70,096 that runs above the per-capita figure of $25,744 — a gap hinting at households with multiple earners rather than high individual wages. Homes here carry a median value of $161,900, and the county's 0.98% effective property tax rate applies to that base. A combined sales tax of 6.20% adds to what residents pay on purchases, though groceries and other essentials may be exempt under state rules. Overall, the tax structure leans on consumption and property rather than income, keeping the load broadly in line with a working- to middle-class area.
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