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Martinez Lake

Learn about the people, housing, costs and businesses in Martinez Lake, Arizona

Median Home$280,400
Population136
Leading IndustriesTransportation · Construction · Agriculture & Mining13% transportation
Home Value Growth+8.3% over 2 years
Retirees31% of residentswell above average
Homeowners67% of occupied units
NotableTransit87/100 · excellent transit access
Martinez Lake
AZ

Frequently Asked Questions

What are today's mortgage rates in Martinez Lake?

As of today, the 30-year fixed mortgage rate for Martinez Lake is approximately 6.802% (6.835% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Martinez Lake?

The median home value in Martinez Lake is $280k. Annual property taxes average $866. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Martinez Lake?

Home values in Martinez Lake have increased 8.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Martinez Lake?

Based on a typical all-in ownership cost of $852/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Martinez Lake is $49k/year.

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What industries drive the economy in Martinez Lake?

The largest employment sectors in Martinez Lake are agriculture and mining (23%) and construction (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.