Martinsville, Virginia

2026 Edition · 10 cards · data as of Oct 30, 2026

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  1. Population

    Growing. Up 2.8% since 2020.

    13,849

    people, the 37th-largest of Virginia's cities and towns.

    Census Population Estimates, 2025. Rank among Virginia's cities and towns computed by the Almanac. Sources: Census Population Estimates

  2. The workday

    8 in 10 jobs here go to people who live somewhere else.

    82.8%

    of 8,670 jobs located in Martinsville are filled by in-commuters.

    Census LEHD LODES, 2023. Sources: Census LEHD LODES

  3. Rent

    Median rent is up 50% since the 2005–2009 survey, before inflation.

    $808

    a month. Virginia's median is $1,579.

    Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

  4. The seam

    Cross one tract line and median rent jumps $119.

    A $119 gap between neighbors, the sharpest rent edge between adjacent tracts in Martinsville city.

    • $796 Tract 3
    • $915 Tract 4

    Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

  5. Room to build

    The median rent sits inside what local wages can carry.

    $791–$1,187

    is the monthly rent range local workforce wages support.

    • $808 median

    Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

  6. Building

    Most of the housing here is older than 2000.

    • 97 homes permitted, 2022–2025
    • 93% of those were in multifamily buildings
    • 96% of all homes were built before 2000

    Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

  7. Units needed

    Closing the gap would add 0.4–1.2% to the 7,035 homes here.

    26–87

    is the estimated number of missing housing units, from the lowest to the highest of three estimates.

    Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

  8. Home value

    A median home costs 74% less than Virginia's.

    $98,400

    median home value in Martinsville.

    • $98,400 Martinsville
    • $383,700 Virginia
    • $332,700 U.S.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

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ZIP codes in Martinsville