Last updated: 2024 BLS data · Page refreshed:
Martinsville has a population of 11,559 with a median age of 45.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 11,559 |
| Median Age | 45.1 |
| White | 66.6% |
| Black or African American | 1.7% |
| Asian | 16.8% |
| Hispanic or Latino | 8.0% |
| Other / Two or More Races | 6.9% |
The median household income in Martinsville is $205,000, which is 154.3% above the national median of $80,610. The per capita income is $91,066. The poverty rate is 1.4%.
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In Martinsville, 98.6% of residents age 25+ have a high school diploma or higher, and 70.9% hold a bachelor's degree or higher (33.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.6% |
| Bachelor's Degree or Higher | 70.9% |
| Graduate or Professional Degree | 33.1% |
The median home value in Martinsville is $720,400, above the national median of $303,400. The median monthly rent is $2,171. The homeownership rate is 96.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $720,400 |
| Median Monthly Rent | $2,171 |
| Homeownership Rate | 96.0% |
| Vacancy Rate | 2.9% |
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