Market insights · Virginia
Martinsville city, VA: growth, migration and housing
Martinsville city has 13,849 residents, up 2.8% since 2020 (+0.4% in the last year). In 2022–2023, 461 households moved in and 484 moved out (-23 net), while a net $4.0M of income left. Median household income is $46,727, the median home $98,400 and median rent $808 a month.
In Virginia: 50th of 133 counties for 5-year population growth · 111th of 133 counties for net in-migration (per resident) · 126th of 133 counties for median household income · 131st of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Martinsville city, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Henry County, VA | 252 | $8.5M |
| Rockingham County, NC | 26 | $1.0M |
| Danville city, VA | 20 | $0.5M |
Where leavers went
Top counties by households leaving Martinsville city, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Henry County, VA | 273 | $9.9M |
BizyFi in Martinsville city
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.