Quick facts: Martinsdale, MT

Quick Facts

104.7
Cost of Living
above US average
37
Population
27.03
Crime Rate per 1000
above US average
$55,489
Median Income
below US average
$140,000
Median House Price
above US average
$1535
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $55,489.

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Income Needed to Buy

βœ“ Affordable
$44k/year
Based on $140,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,489) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$66k/year
Based on $1535/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $66k vs median $55,489
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Martinsdale, MT

Martinsdale is a small, unincorporated community located in Meagher County, Montana. Nestled amidst the stunning landscapes of central Montana, it offers a tranquil, rural lifestyle surrounded by rolling hills and open plains. The region is known for its wide-open spaces, opportunities for outdoor activities such as hiking, fishing, and wildlife watching, making it a great retreat for nature enthusiasts. The community has a rich agricultural heritage, with ranching being a significant part of its economy and culture. While it may lack the amenities of larger towns, Martinsdale provides a close-knit community atmosphere where residents often engage in local events and gatherings. Nearby attractions include the Crazy Mountains, which are famed for their scenic beauty and hiking trails, as well as numerous rivers and streams that offer fishing and recreation. The area also reflects the history of the American West, with historical landmarks and sites that tell the story of pioneers and settlers. Martinsdale may be small, but its charm lies in its serene environment and strong sense of community.

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