Martinsville city, Virginia

Income Data

-43% vs. Virginia average
$42,434
Median Household Income
$28,834
Per Capita Income

At a Glance

Median Household Income
$42,434
-43% vs. state avg
Per Capita Income
$28,834
-27% vs. national
Income-to-Housing Ratio
45.9%
income as % of home value
Rank in Virginia
#129 / 133
by median household income

How Martinsville city Compares

Martinsville city$42,434
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$42,434
Median Household Income
$28,834
Per Capita Income
$92,500
Median Home Value
45.9%
Income-to-Housing Ratio

Data Story

About Household Income in Martinsville city, Virginia

Martinsville faces significant income gap

Martinsville's median household income of $42,434 lags the national median of $74,755 by 43%, one of the lowest earnings levels in the nation. The city's economy struggles with manufacturing decline and lacks the diversification of larger metros.

Lowest earner among Virginia peers

At $42,434, Martinsville ranks near the very bottom of Virginia's 133 counties and cities, 43% below the state median of $74,957. The city's economic challenges place it among America's struggling post-industrial communities.

Poorest performer in this group

Martinsville ($42,434) significantly trails all seven other jurisdictions profiled here, including rural Lunenburg ($54,460) and Mecklenburg ($51,691). The city faces steeper economic headwinds than any peer community shown.

Housing affordable, but income tight

A 22.2% rent-to-income ratio is manageable given Martinsville's $92,500 median home value—the lowest in this group. While housing costs remain reasonable, the city's overall low income leaves little margin for other expenses.

Build resilience through small steps

Martinsville residents can build financial security by starting with even modest savings goals—$25 or $50 monthly in a dedicated account. Free financial literacy resources and employer-sponsored benefits (if available) provide pathways to gradual wealth accumulation and economic stability.

Frequently Asked Questions

What is the median household income in Martinsville city, Virginia?
The median household income in Martinsville city, Virginia is $42,434, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Martinsville city?
The per capita income in Martinsville city is $28,834, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $42,434.
How does Martinsville city compare to the Virginia average?
Martinsville city's median household income of $42,434 is lower than the Virginia state average of $74,957. The per capita income is $28,834, compared to the state average of $39,155.
What is the per capita income in Martinsville city, Virginia?
The per capita income in Martinsville city, Virginia is $28,834, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Martinsville city a low-income area in Virginia?
Martinsville city's median household income of $42,434 is below the Virginia average of $74,957. The per capita income of $28,834 is also lower than the state average of $39,155. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Martinsville city rank for income in Virginia?
Martinsville city ranks #129 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $42,434 and per capita income of $28,834, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $42,434 per year

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vs. State Average

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.