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Martinsville, Virginia Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low
Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Martinsville, Virginia had a total population of 13,658, the 98th largest city in Virginia, with a median household income of $46,727, which is 50% lower than the state average. The poverty rate is 23.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Martinsville Quick Facts

Population 13,658
Median Household Income $46,727
Median Home Value $98,400
Poverty Rate 23.5%
Unemployment Rate 2.9%
Median Age 38.4 years
Homeownership Rate 55.4%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 22.1%
High School Graduation Rate 88.7%
Diversity Index 62/100
Population 13,658 98th of 681
Median Income $46,727 bottom 20%
Poverty Rate 23.5% 89% higher than national
Median Home Value $98,400 bottom 10%

How Martinsville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population13,58413,658+0.5%
Median household income$42,434$46,727+10.1%
Median home value$92,500$98,400+6.4%

How Martinsville Compares

Economy & Housing

Household Income Distribution

Under $25K 27.5%
$25K-$50K 25.4%
$50K-$100K 30.1%
$100K+ 17.1%
Detailed income brackets
Under $10K
7.0%
$10K-$15K
8.9%
$15K-$20K
6.8%
$20K-$25K
4.8%
$25K-$30K
6.2%
$30K-$35K
4.7%
$35K-$40K
3.7%
$40K-$45K
5.9%
$45K-$50K
4.9%
$50K-$60K
8.5%
$60K-$75K
12.1%
$75K-$100K
9.5%
$100K-$125K
4.9%
$125K-$150K
2.0%
$150K-$200K
4.3%
$200K+
5.9%

Employment

2.9% Unemployment Rate State: 4.3%|National: 5.2%
57.2% Labor Force Participation

Housing Overview

Owner 55.4%
Renter 44.6%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $808/mo 20.8% of median household income annually

People & Demographics

Diversity Index

62out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Martinsville Rankings in Virginia

#98 Population of 681
#487 Median Income of 585
#410 Education of 680
#547 Home Value of 580

Cities Similar to Martinsville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Highland Springs14,296$57,599$227,30023.0%19.0%
Bristol16,849$50,404$184,10024.8%17.9%
East Highland Park15,265$64,681$229,20026.9%12.8%
Front Royal15,296$64,838$314,40018.8%14.3%
Lakeside12,654$72,032$288,20039.5%11.8%

Population Overview

Martinsville is a small city located in Virginia. The total population is 13,658. It ranks as the 98th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Martinsville is 38.4 years. This is 2% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Martinsville is $46,727. This is 50% lower than the state median of $93,170. It is also 42% lower than the national median of $80,734. The poverty rate stands at 23.5%. This is 138% higher than the state poverty rate of 9.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.9%. This is 32% lower than the state rate of 4.3%. The median home value is $98,400. Housing costs are 74% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.1x, Martinsville is one of the most affordable housing markets in the area. 55.4% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 67.3%.

Race & Ethnicity

Martinsville is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 41.6%. The Black or African American population is significantly higher than the state average (43.9% vs 18.3%). The Asian population (2.9%) is well below the state average of 6.9%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Martinsville, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Martinsville, Virginia?

Martinsville, Virginia has a population of 13,658 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Martinsville, VA?

The median household income in Martinsville is $46,727, which is 42% lower than the national median of $80,734.

What is the poverty rate in Martinsville, VA?

The poverty rate in Martinsville is 23.5%. This means approximately 3,096 residents live below the federal poverty line.

What is the racial makeup of Martinsville, Virginia?

Martinsville's population is 41.6% White, 43.9% Black, 8.6% Hispanic/Latino, and 2.9% Asian.

What is the median home value in Martinsville, VA?

The median home value in Martinsville is $98,400. The home-value-to-income ratio is 2.1x.

How educated is Martinsville, Virginia?

22.1% of adults (25+) in Martinsville hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.