HomeIndianaMorgan CountyMartinsville city
Martinsville city, Indiana: commercial real estate data.
Martinsville city is a Census city of 11,933 people across 9.16 square miles of land, in Morgan County. Median household income is $60,177, 63.3 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $9.6 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Martinsville
What Martinsville is
- Census place typecity
- Land area9.16 sq mi
- Water area0.11 sq mi
- Population per square mile of land1,303
- County holding the largest share of its areaMorgan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Martinsville
How many people live in Martinsville
- Population11,933
- Median age38.2
- Population under 182,539
- Share under 1821.3 percent
- Population 65 and over2,034
- Share 65 and over17.0 percent
- Households4,907
- Family households3,170
- Share of households that are families64.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Martinsville
Income and work in Martinsville
- Median household income$60,177
- Per capita income$30,655
- Civilian labor force5,960
- Employed5,700
- Unemployed260 plus or minus 111
- Unemployment rate4.4 percent plus or minus 1.8
- Adults 25 and over8,128
- Adults 25 and over with a high school diploma or higher86.0 percent
- Adults 25 and over with a bachelor degree or higher12.6 percent plus or minus 2.7
- Adults 25 and over with a graduate degree5.3 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Martinsville
Housing in Martinsville
- Housing units5,536
- Occupied units4,907
- Vacant units629 plus or minus 179
- Vacancy rate11.4 percent plus or minus 3.2
- Owner occupied3,104
- Renter occupied1,803
- Ownership rate63.3 percent
- Median owner-occupied home value$163,400
- Median gross rent, monthly$983
- Annual rent as a share of median income19.6 percent
- Single family units4,239
- Share single family76.6 percent
- Units in buildings of two or more1,046
- Share in buildings of two or more18.9 percent
- Mobile homes251 plus or minus 103
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Martinsville
How Martinsville gets to work
- Workers 16 and over who commute5,063
- Commuting under 15 minutes1,629
- Share commuting under 15 minutes32.2 percent
- Commuting 30 minutes or more2,321
- Share commuting 30 minutes or more45.8 percent
- Drove alone77.0 percent
- Carpooled8.2 percent plus or minus 3.4
- Public transport0.0 percent
- Walked2.2 percent plus or minus 1.4
- Worked from home11.3 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Martinsville
SBA loans in Martinsville (7(a))
- Approvals23
- Gross approval$9,637,100
- Average approval$419,004
- Median approval$150,000
- Ninetieth percentile approval$981,900
- Largest approval$2,900,000
- Jobs supported135
- Jobs per approval5.9
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more21.7 percent
- Share to franchises17.4 percent
- Distinct lenders11
- Distinct industries by NAICS16
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Martinsville
SBA loans in Martinsville (504)
- Approvals3
- Gross approval$2,816,000
- Average approval$938,667
- Median approval$532,000
- Largest approval$1,983,000
- Jobs supported57
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morgan County, not Martinsville
Morgan County context, not Martinsville figures
These are Morgan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Martinsville measurements.
- Establishments in Morgan County1,248
- Employment at those establishments, Morgan County13,063
- Covered employment, Morgan County15,502
- Average annual pay, Morgan County$49,967
- Average weekly wage, Morgan County$961
- Housing units permitted, Morgan County330
- Of those, single family, Morgan County328
- County product, 2024, Morgan County$3,059,405,000
- County product change over the prior year, Morgan County20.3 percent
- Average income of an arriving household, Morgan County$63,341
Every figure in this section is published for Morgan County as a whole and is not a measurement of Martinsville. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Martinsville questions, answered from the record.
How many people live in Martinsville, Indiana?
11,933, in 4,907 households. Martinsville city covers 9.16 square miles of land, which is 1,303 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Martinsville in?
Morgan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Martinsville?
$60,177. The median owner-occupied home is valued at $163,400. Median gross rent is $983 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Martinsville businesses?
23 7(a) approvals totalling $9.6 m, across 11 lenders, median approval $150,000, plus 3 504 approvals worth $2.8 m. These count approvals to borrowers whose address is in Martinsville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Martinsville borrowers get paid back?
No rate is published for Martinsville. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Martinsville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morgan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Martinsville.
Is zoning published for Martinsville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.