Martinsville city
How many people live in Martinsville city
- Population13,658
- Households5,711
- Average household size2.39
- Median household income$46,727
- Median age38.4
- Median gross rent$808 per month
- Median owner-occupied home value$98,400
- Home value to household income2.1 times
- Annual rent as a share of median income20.8 percent
- Adults 25 and over with a bachelor degree or higher22.1 percent
- Adults 25 and over with a graduate degree8.2 percent
- Adults 25 and over8,873
- Population under 183,660
- Share under 1826.8 percent
- Population 65 and over2,285
- Share 65 and over16.7 percent
- Working age population, 18 to 647,713
- Civilian labor force5,913
- Unemployment rate2.9 percent
- Labor force participation, adults 18 and over59.1 percent
- Rank by population among Virginia independent cities104th of 133
- Rank by population among US county-equivalents2248th
Martinsville city is the 104th largest of 133 Virginia independent cities by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 26.8 percent against 16.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Martinsville city
Is Martinsville city growing
- Population change since the 2020 census base2.61 percent
- Census 2020 base population13,482
- Births, 2024248
- Deaths, 2024311
- Natural change, 2024-63
- Net domestic migration, 202459
- Net international migration, 202487
- Total net migration, 2024146
- Cumulative net domestic migration, 2021 to 2024372
- Rank by growth among US county-equivalents981st
The county has grown 2.61 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Martinsville city
Where people moving to Martinsville city come from
- Tax returns filed by households arriving519
- People arriving, from those returns968
- Adjusted gross income arriving$21.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$41,181
- Largest single originMartinsville city Non-migrants (4,622 households)
- Largest single destination (4,622 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Martinsville city Non-migrants | 4,622 | 8,749 | $249.2 m |
| Henry County | 256 | 448 | $10.1 m |
| Other flows - Different State | 141 | 279 | $6.3 m |
| Other flows - South | 118 | 242 | $5.3 m |
| Other flows - Same State | 101 | 201 | $4.4 m |
| Other flows - West | 23 | 37 | $1.0 m |
| Patrick County | 21 | 40 | $648,000 |
The largest single source of arrivals is Martinsville city Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Martinsville city
Who employs people in Martinsville city
- Covered employment, annual average9,239
- Establishments reporting959
- Average annual pay$43,459
- Average weekly wage$836
- Sector 44-45, employment1,219
- Sector 44-45, average annual pay$33,611
- Sector 56, employment1,034
- Sector 56, average annual pay$36,042
- Sector 31-33, employment925
- Sector 31-33, average annual pay$52,896
- Sector 72, employment710
- Sector 72, average annual pay$20,844
- Sector 81, employment355
- Sector 55, employment216
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 1,219 | 72 | $33,611 |
| Sector 56 | 1,034 | 22 | $36,042 |
| Sector 31-33 | 925 | 18 | $52,896 |
| Sector 72 | 710 | 38 | $20,844 |
| Sector 81 | 355 | 76 | $28,883 |
| Sector 55 | 216 | 9 | $93,726 |
| Sector 54 | 136 | 38 | $67,023 |
| Sector 52 | 134 | 30 | $83,477 |
The largest sector is the biggest private employer group at 1,219 jobs, 13.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Martinsville city
What businesses operate in Martinsville city
- Establishments, all industries511
- Employment at those establishments9,013
- Annual payroll$358.3 m
- Establishments per 1,000 residents37.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Martinsville city
What is being built in Martinsville city
- Housing units authorised by permit, 202455
- Declared construction value permitted$9.9 m
- Single family units authorised3
- Multifamily units authorised52
- Multifamily share of units94.5 percent
- Average declared value per unit$180,741
- Units authorised per 1,000 households9.6
Multifamily is 94.5 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Martinsville city
How big is Martinsville city
- Land area11 sq mi
- Rank by land area among Virginia independent cities115th of 133
- Width, east to west4.3 mi
- Height, north to south4.7 mi
- Geographies sharing a boundary1
- Residents per square mile of land1,242
- Establishments per square mile46.45
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 7(a) approvals recorded in this county in the FOIA release covering FY2020 onward.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Martinsville city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Martinsville city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population13,658
- Households5,711
- Average household size2.39
- Median household income$46,727
- Median age38.4
Common questions
Martinsville city questions, answered from the record.
How many people live in Martinsville city, Virginia?
13,658, in 5,711 households, ranking 104th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Martinsville city growing?
The population has grown 2.61 percent since the 2020 census base. In 2024 there were 248 births against 311 deaths, with net migration of 146. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Martinsville city?
$46,727. The median owner-occupied home is valued at $98,400, which is 2.1 times income, and median gross rent is $808 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Martinsville city?
511 establishments, employing 9,013 people with an annual payroll of $358.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Martinsville city?
Average annual pay is $43,459, or $836 a week, across 9,239 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
What is being built in Martinsville city?
55 housing units were authorised by permit in 2024, with a declared construction value of $9.9 m. Multifamily was 94.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Martinsville city?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Martinsville city come from?
The largest single origin is Martinsville city Non-migrants, with 4,622 households. Arriving households report an average income of $41,181 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Martinsville city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Martinsville city?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.