Median Household Income
$46,727
Median Home Value
$98,400
Median Gross Rent
$808/mo
Poverty Rate
23.5%
Unemployment Rate
2.9%
Homeownership Rate
55.4%
Bachelor's Degree or Higher
22.1%
Median Age
38.4
Population Over Time
Martinsville city shrank 0.6% from 2014 to 2024.
2014
13,745
2016
13,551
2018
13,101
2020
12,646
2022
13,539
2024
13,658
Business & Industry
Martinsville city has 511 business establishments employing 9,013 people.
Health care and social assistance
115
Other services (except public administration)
70
Professional, scientific, and technical services
48
Accommodation and food services
44
Finance and insurance
37
Administrative and support and waste management and remediation services
21
Real estate and rental and leasing
21
Wholesale trade
15
Establishments by industry sector. Source: U.S. Census Bureau, County Business Patterns.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.