Moving to
Martinsville.

All Martinsville data Compare Martinsville

11,933people live here $60,177median household income▼ 25% below US $983median rent per month▼ 30% below US $163,400median home value▼ 51% below US

What it's like to live in Martinsville

Martinsville is a small city in Indiana with rent below the national average, home prices that remain within reach, county unemployment below the national average, and schools with smaller class sizes than the national average. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Martinsville deals with household incomes below the national average, commute times longer than most cities, college degree attainment below the national average, and cold winters.

The good

Rent below the national average
Affordable home prices
Low unemployment in the county
Low student-teacher ratio

The not so good

Below-average household incomes
Above-average commute times
Low college degree attainment
Cold winters
Car-dependent — few commuters use transit

How Martinsville compares

Median household income

Martinsville$60,177

Indiana avg$71,957

US$80,734

Median rent (per month)

Martinsville$983

Indiana avg$1,062

US$1,413

Median home value

Martinsville$163,400

Indiana avg$218,200

US$332,700

What it takes to move to Martinsville

Based on Martinsville's median rent, home value and household income

To rent

$1,966

up front: first month plus a typical one-month deposit

Income to keep rent under 30%: $39,320 a year
46% of Martinsville renters spend 30% or more of their income on rent

To buy

$32,680

a 20% down payment on the median home

With 10% down: $16,340
Homes cost 2.7× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▼ 30% below US

$983/mo median rent

Rent here is genuinely low, with median rent around $983 a month. Factoring in local incomes, the value gets even better. Money stretches further here than in most of the country. Home prices here are genuinely accessible, with a median around $163,400. That kind of affordability is rare in today's market.

Median home value $163,400 · 46% of renters cost-burdened

Job market

3.4% county unemployment

Unemployment in Morgan County is 3.4%, a little below the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Morgan County (county-wide)

Getting aroundNear US average

29 min average commute

Commutes run about average, at 28.5 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 9 in 10 workers drive to work; 11% work from home.

How workers get to work

Drive alone

77%

Work from home

11%

Carpool

8.2%

Walk

2.2%

Other

1.4%

Climate

Summers are warm, with highs around 83°F, and winters are cold, with lows around 21°F and snow a regular occurrence. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)

30-year averages, 1991–2020

Education & workforce▼ 65% below US

13% bachelor's degree or higher

This is a working-class city, and college degree rates reflect that. Trades, manufacturing, and service industries tend to dominate the local economy, which is a strength for some fields and a real constraint for others.

Schools

6 public schools inside the boundary

There are 6 public schools inside the boundary and 1 private school. The student-to-teacher ratio is 14:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is George Rogers Clark National Historical Park (78 miles away). There are 2 national parks and sites within a day's drive.

Bottom line

Martinsville's strongest points are rent below the national average and home prices that remain within reach; the main tradeoffs are household incomes below the national average and commute times longer than most cities. A year of median rent ($983/mo) equals 20% of the median household income here, about the same as the 21% typical nationwide. It tends to suit people watching their budget and job seekers (county-wide unemployment is low).

See all the data for Martinsville →·All Indiana cities →