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Martinsville city, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Martinsville city, Indiana has a total population of 11,913, the 72nd largest city in Indiana, with a median household income of $56,186, which is 20% lower than the state average. The poverty rate is 11.8%.

Key Takeaways

Martinsville city Quick Facts

Population 11,913
Median Household Income $56,186
Median Home Value $140,400
Poverty Rate 11.8%
Unemployment Rate 4.9%
Median Age 36.9 years
Homeownership Rate 63.5%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 13.6%
High School Graduation Rate 86.1%
Diversity Index 10/100
Population 11,913 72nd of 967
Median Income $56,186 below average
Poverty Rate 11.8% 5% lower national
Median Home Value $140,400 average

How Martinsville city Compares

Economy & Housing

Employment

4.9% Unemployment Rate State: 4.3% | National: 5.2%
61.0% Labor Force Participation

Housing Overview

Owner 63.5%
Renter 36.5%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Martinsville city Rankings in Indiana

#72 Population of 967
#531 Median Income of 967
#502 Education of 967
#362 Home Value of 967

Cities Similar to Martinsville city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Madison city12,277$57,050$186,60020.8%14.7%
Washington city12,192$50,000$130,70015.1%17.0%
Greensburg city11,585$63,235$181,00019.1%13.3%
Lake Station city13,109$56,306$124,8008.7%16.7%
Bluffton city10,539$57,929$136,80016.5%9.9%

Population Overview

Martinsville city is a small city located in Indiana. The total population is 11,913. It ranks as the 72nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Martinsville city is 36.9 years. This is 3% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Martinsville city is $56,186. This is 20% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 11.8%. This is 3% lower than the state poverty rate of 12.2%. The unemployment rate is 4.9%. This is 14% higher than the state rate of 4.3%. The median home value is $140,400. Housing costs are 30% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Martinsville city is one of the most affordable housing markets in the area. 63.5% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.3%.

Race & Ethnicity

Martinsville city has a predominantly White (non-Hispanic) population, comprising 94.6% of all residents. Hispanic or Latino residents account for 2.3%. The Black or African American population (0.8%) is well below the state average of 9.1%. The Hispanic or Latino population (2.3%) is well below the state average of 8.4%. The Asian population (0.9%) is well below the state average of 2.5%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.1%.

Data Sources & Methodology

All demographic data for Martinsville city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Martinsville city, Indiana?

Martinsville city, Indiana has a population of 11,913 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Martinsville city, IN?

The median household income in Martinsville city is $56,186, which is 28% lower the national median of $78,538.

What is the poverty rate in Martinsville city, IN?

The poverty rate in Martinsville city is 11.8%. This means approximately 1,361 residents live below the federal poverty line.

What is the racial makeup of Martinsville city, Indiana?

Martinsville city's population is 94.6% White, 0.8% Black, 2.3% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Martinsville city, IN?

The median home value in Martinsville city is $140,400. The home-value-to-income ratio is 2.5x.

How educated is Martinsville city, Indiana?

13.6% of adults (25+) in Martinsville city hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.