Living in Martinsville, Illinois

Cost of living, income, home prices, rent and demographics of Martinsville · Census data 2020–2024

Martinsville has 1,187 residents with a median age of 50.1. The median household income is $61,833 (26% lower than the Illinois median), the median home value is $69,100, the median rent is $593/month.

Martinsville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Martinsville at a glance

Population
1,187
Median age
50.1State: 39
Median household income
$61,833State: $83,390
Median home value
$69,100State: $263,300
Median rent
$593/moState: $1,274
Homeowners
75.8%
Bachelor's degree or higher
21.9%
Average commute
25 min

Is Martinsville a good place to live?

Pros: Home values 74% lower than the state median; an average commute of 25 minutes; unemployment of 4.6%.

Cons: Median household income 26% lower than the Illinois median; a poverty rate of 23.4%.

The weather is best in May and August to October.

Cost of living in Martinsville

Housing is the biggest part of the cost of living. In Martinsville the median home value is $69,100, 79% lower than the U.S. median. Renters pay a median of $593 per month, which is 37.5% of household income. Homeowners with a mortgage pay $847 a month in housing costs.

Median home value

Martinsville$69,100
Illinois$263,300
United States$332,700

Median monthly rent

Martinsville$593
Illinois$1,274
United States$1,413

Martinsville median household income

The median household income in Martinsville is $61,833 and the income per person is $31,921. 23.4% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Martinsville$61,833
Illinois$83,390
United States$80,734

Housing in Martinsville: homes for sale and rent

Housing units
578
Owner-occupied
75.8%
Renter-occupied
24.2%
Vacant
8%Includes seasonal homes
Median year built
1956
Average household size
2.23

Martinsville demographics

Population
1,187
Median age
50.1
Under 18
15.2%
65 and older
23.3%
Households
532
Foreign-born
0.4%
Veterans
9.9%Adults 18+

Race and ethnicity

White98.6%
Hispanic or Latino1%
Black0%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Martinsville ›

Education in Martinsville

21.9% of adults 25 and older in Martinsville have a bachelor's degree or higher (Illinois: 37.8%), and 4.7% have a graduate or professional degree.

Bachelor's degree or higher

Martinsville21.9%
Illinois37.8%
United States35.7%

Jobs and commute in Martinsville

Unemployment rate
4.6%State: 5.8%
Average commute
25 minState: 28 min
Work from home
4.5%
Drive alone
81.1%
Public transit
0%
Walk to work
3.8%
Homes with broadband
91.5%

Martinsville vs nearby towns

TownPopulationMedian incomeHome valueRent
Martinsville1,187$61,833$69,100$593
Casey2,239$48,074$91,800$713
Westfield415$63,819$85,600$625
Marshall4,040$76,250$118,500$867
West Union140$109,688——
Ashmore721$56,615$91,700$841
Kansas884$69,231$70,800$725
Greenup1,823$51,417$91,900$732
Charleston17,062$49,300$137,400$817

More for people moving to Martinsville

Martinsville ZIP code ›Weather and climate ›

Living in Martinsville: FAQ

What is the median household income in Martinsville, IL?

The median household income in Martinsville is $61,833, 26% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Martinsville?

The median home value in Martinsville is $69,100, compared with $263,300 in Illinois.

How much is rent in Martinsville?

The median gross rent in Martinsville is $593 per month, about 37.5% of household income.

Is Martinsville, IL a good place to live?

Pluses: home values 74% lower than the state median; an average commute of 25 minutes; unemployment of 4.6%. Minuses: median household income 26% lower than the Illinois median; a poverty rate of 23.4%.

What is the median age in Martinsville?

The median age in Martinsville is 50.1 years (Illinois: 39).

How long is the commute in Martinsville?

The average commute to work in Martinsville is 25 minutes; 4.5% of workers work from home.

What is the unemployment rate in Martinsville?

The unemployment rate in Martinsville is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Martinsville?

21.9% of adults in Martinsville have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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