City

Martinsville, IN

1 ZIP code  ·  Morgan County  ·  Indiana

👥32,339Population
💰$77,724Median HH Income≈ Avg
🎂40.8Median Age
🏠$219,400Median Home Value▼ 21% below avg
🎓30.2%College Grads▼ 22% below avg
📊4.7%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.1% Female 48.9% ♀

Race & Ethnicity

White: 95.3%Hispanic: 1.5%Black: 0.4%Asian: 0.8%Other: 2%Race
White95.3%
Hispanic1.5%
Black0.4%
Asian0.8%
Other2.0%

Age Breakdown

Under 5
5%
5–17
18%
18–24
8%
25–44
25%
45–64
29%
65+
7%

Key Indicators

Median Age40.8 yrs
Avg HH Size2.57
Below Poverty8.3% ▼ 17% below avg
College Grads30.2% ▼ 22% below avg
Unemployment4.7% ≈ Avg
No HS Diploma189 (0.9%)
HS Graduate8,077 (39%)
Some College3,060 (14.8%)
Associates3,108 (15%)
Bachelors2,010 (9.7%)
Graduate Degree4,242 (20.5%)

Education

No HS: 0.9%HS Grad: 39%Some College: 14.8%Associates: 15%Bachelors: 9.7%Graduate: 20.5%Edu
No HS0.9%
HS Grad39.0%
Some College14.8%
Associates15.0%
Bachelors9.7%
Graduate20.5%
Housing & Income

Housing Tenure

Owner: 80%Renter: 20%Tenure
Owner80.0%
Renter20.0%

Home Value Distribution

Under $50k
6%
$50k–$100k
8%
$100k–$150k
15%
$150k–$200k
14%
$200k–$300k
28%
$300k–$500k
20%
Over $500k
9%

Financials

Median HH Income$77,724 ≈ Avg
Median Home Value$219,400 ▼ 21% below avg
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$978/mo
Total Housing Units13,366
Vacant Units980

Income Distribution

Under $25k
12%
$25k–$50k
16%
$50k–$75k
17%
$75k–$100k
13%
$100k–$150k
23%
$150k–$200k
10%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
86%
Walked
1%
Work From Home
13%

Commute Time

Under 15 min
20%
15–30 min
24%
30–45 min
30%
Over 45 min
25%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
9%
1960s–1970s
13%
1980s–1990s
17%
2000+
59%
About Martinsville, IN

Martinsville is a city in Indiana, located in Morgan County. The city spans 1 ZIP code and is home to approximately 32,339 residents. It is a middle-aged city, with a median age of 40.8 years.

Economically, Martinsville is a middle-income community. The median household income of $77,724 is near the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.

The real estate market in Martinsville is an affordable housing market. Median home values stand at $219,400, which is below the national average. Renters typically pay around $978 per month. Homeownership is high at 80.0%, typical of suburban and family-oriented communities.

The population of Martinsville is moderately educated. 30.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.29%).

Martinsville, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Martinsville
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46151 32,339 $77,724 $219,400 $978 4.7% 30.2% 80.0%