| ZIP Code | 24112 |
|---|---|
| City | Martinsville |
| State | Virginia (VA) |
| County | Martinsville (city) County |
| Area Code | 276 |
| Elevation | 918 ft |
| Latitude | 36.72117 |
|---|---|
| Longitude | -79.846927 |
| Timezone | New York (DST) |
| FIPS | 51089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.1 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.34 |
| Below Poverty | 16.5% ▲ 65% above avg |
| College Grads | 36.0% ≈ Avg |
| Unemployment | 4.1% ▼ 17% below avg |
| No HS Diploma | 549 (2.8%) |
| HS Graduate | 5,838 (30.1%) |
| Some College | 2,655 (13.7%) |
| Associates | 3,354 (17.3%) |
| Bachelors | 2,992 (15.4%) |
| Graduate Degree | 3,979 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $47,059 ▼ 38% below avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $119,200 ▼ 57% below avg ↑ 23% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $770/mo ↑ 19% since 2019 |
| Total Units | 15,999 |
| Vacant Units | 3,150 |
| Avg HH Size | 2.34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,999 |
|---|---|
| Vacant | 3,150 |
| Owner Occupied | 68.8% |
| Renter Occupied | 31.2% |
| Avg HH Size | 2.34 |
ZIP code 24112 is located in Martinsville, Virginia, within Martinsville (city) County. With a population of 30,862, this is a moderately populated ZIP code with a mature community — the median age is 45.1 years. Economically, 24112 is a working-class ZIP code: the median household income of $47,059 is below the national average.
Real estate in ZIP code 24112 represents one of the more affordable housing markets in the country. The median home value of $119,200 is well below the national average. Renters can expect to pay around $770 per month in median rent. Homeownership is strong here — 68.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.
The population of 24112 is majority White (50.42%). Residents are moderately educated — 36.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 16.5%. Household income has grown by 28% since 2019.
The unemployment rate in 24112 stands at 4.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 24112 in Martinsville, VA is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 30,862 residents, a median household income of $47,059, and a median home value of $119,200, it offers a clear picture of life in this part of Virginia.