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Virginia · Census place 49784

Martinsville city, VA

Quick answer

Martinsville city has 13,584 residents, ranking #98 of 688 places in Virginia. Median household income is $42,434, the median home is worth $92,500 and median gross rent runs $784 a month.

Population
13,584Martinsville city residents
Median household income
$42,434Past 12 months, inflation adjusted
Median home value
$92,500Owner-occupied units
Median gross rent
$784Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
56.7%Owner-occupied households

What the numbers mean in Martinsville city

Housing cost measured against local earnings.

A household earning the Martinsville city median would spend about 22.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.8% of residents and 56.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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