Martin, SD — income, home value, property tax, and sales tax.
In ZIP code 57574, near Martin, median household income stands at just $2,499, while per-capita income reaches $16,393 — a gap that hints at many small or single-person households. A median home value of $261,900 is striking against those earnings, and the county's 0.98% effective property tax rate would demand roughly $2,567 yearly from such a home. Sales tax adds 4.20% to purchases. With income this limited, covering property taxes alone could strain a household budget, making everyday spending and homeownership costs a genuine challenge here.
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