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Martinsville has a population of approximately 11,980 and experiences a population change rate of -0.64%. The population density is 985.9 / sq mi .
The median household income for Martinsville is $177,045, with 4,088 households and an average household size of 2.89.
The median value of a home in Martinsville is $675,800 with an appreciation rate of 14.90%. 92.56% of housing in the state is owned while 4.54% is rented.
The cost of living in Martinsville is 174.8 %.
The unemployment rate in Martinsville is 2.60%, and recent job growth is at 2.83%. Future job growth is projected at 47.22%.
The sales tax rate in Martinsville is 6.63%, while the income tax rate is 5.53% .
School expenditures in Martinsville are $23,575, and the school ratio is 10.9:1.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 47.5 inches per year, with 22.9 inches of snow per year.