46 / 100

Martin County, FL

Stuart

RANK #532 / 996 NAT  ·  #3 / 41 FL  ·  POP 159,399

1YR FORECAST: -1.5%

5YR OUTLOOK: +23%

#48 Best Climate & Terrain
Martin County's housing market is projected to grow -1.5% over the next year, below the national average.

[01] Why Martin County?

Stuart, Florida, often called the "Sailfish Capital of the World," anchors Martin County, a region known for its commitment to preserving an "Old Florida" feel. The county, situated on Florida's Treasure Coast, maintains a four-story height restriction on buildings, contributing to its uncrowded beaches and open spaces. It lies north of Palm Beach County, offering a quieter alternative to more densely developed areas. Outdoor recreation is a major draw, with over 100,000 acres of parks and conservation land, including Jonathan Dickinson State Park, the largest in Southeast Florida. Residents and visitors can enjoy 22 miles of beaches, kayaking on the Loxahatchee River, and exploring the biodiverse Indian River Lagoon. Commuting within the county is facilitated by the MARTY bus system, with connections to neighboring counties.

Life in Martin County often revolves around its natural surroundings and a relaxed pace. Many residents own their homes, and the community is considered family-friendly with highly-rated public schools. The economy is driven by industries such as healthcare, retail trade, and construction. Martin County is also developing as an industrial hub on the Treasure Coast, with growth in aerospace, marine, and advanced manufacturing sectors. Efforts are underway to build a skilled workforce for these emerging industries through initiatives like the REACH Center at Witham Field and expanded technical programs at Indian River State College and the Martin County School District.

[02] Market Snapshot

Housing Ratio
6.0x

Above national median (4.7x)

GDP Growth
+0.0%

Well below national median

Home Prices
-5.0%

Prices declining

Climate & Terrain
5.3

Favorable climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 6.0x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Martin County School District Education
    2,500+
  2. 2
    Cleveland Clinic Martin Health Healthcare
    1,000+
  3. 3
    Publix Super Markets Retail
  4. 4
    Martin County Government Government
    500+
  5. 5
    Seacoast Bank Finance
  6. 6
    Florida Power & Light (FPL) Energy
    250+
  7. 7
    STS Aviation Group Logistics
  8. 8
    Home Depot USA Retail
  9. 9
    Smiths Interconnect Americas Manufacturing
  10. 10
    Pursuit Aerospace Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Martin County U.S. National

The Numbers

DEMOGRAPHICS
Population
159,399
+0.68% YoY
Median Household Income
$77,894
Median Home Value
$359,200
-4.99% 12mo
Median Rent
$1,374
Average Annual Pay
$59,415
+5.1% YoY
Employment
76,510
+1.1% YoY
Income-to-Home-Value
0.2169
Near national average
Migration Inflow
3.58%
of pop. from another state
Bachelor's Degree+
35.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$470,000
Days on Market
104
Slower market
Months of Supply
6.5
Buyer's market
Sale-to-List Ratio
95.1%
Negotiation room for buyers
Sold Above List
5.2%
Listings w/ Price Drops
28.2%
Building Permits (2024)
646
Single-Family Permits
524

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
15.3
per 100K · nat avg 14.8
Injury Deaths
100.1
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.3
Good
Good Air Days
75%
814 of 1,086 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
42
2023
41
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

GDP Growth +0.0% 8 percentile
Population Growth +0.7% 60 percentile
Income Growth +11.7% 94 percentile
Vacancy Rate 0.9% 67 percentile
Home Price Change -5.0% 2 percentile
Rent Growth +2.0% 33 percentile
Price/Rent 13x 54 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Martin County, FL a good place to move to?

Martin County scores 46/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#532). Median household income is $77,894 and job growth is running at +1.1%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Martin County affordable?

Martin County leans toward the expensive side. A median home value of $359,200 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,374/month on average.

Is Martin County growing or shrinking?

Martin County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +1.1% clip. Home values shifted -5.0% in the past year.

Are people moving to Martin County?

There's a moderate stream of newcomers. About 3.58% of residents moved from another state, which is above average and suggests Martin County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Highlands County, FL 49 Palm Beach County, FL 54 Volusia County, FL 37 Santa Rosa County, FL 36 St. Lucie County, FL 35 Seminole County, FL 33 Lycoming County, PA 46 Clermont County, OH 46