HomeWest VirginiaWetzel CountyNew Martinsville city
New Martinsville city, West Virginia: commercial real estate data.
New Martinsville city is a Census city of 5,133 people across 2.67 square miles of land, in Wetzel County. Median household income is $60,946, 78.8 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $4.4 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Martinsville
What New Martinsville is
- Census place typecity
- Land area2.67 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,921
- County holding the largest share of its areaWetzel 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.
New Martinsville
How many people live in New Martinsville
- Population5,133
- Median age44.5
- Population under 18928
- Share under 1818.1 percent
- Population 65 and over1,144
- Share 65 and over22.3 percent
- Households2,220
- Family households1,297
- Share of households that are families58.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Martinsville
Income and work in New Martinsville
- Median household income$60,946 plus or minus $13,273
- Per capita income$31,900
- Civilian labor force2,225
- Employed2,107
- Unemployed118 plus or minus 61
- Unemployment rate5.3 percent plus or minus 2.7
- Adults 25 and over3,836
- Adults 25 and over with a high school diploma or higher94.2 percent
- Adults 25 and over with a bachelor degree or higher23.8 percent plus or minus 5.5
- Adults 25 and over with a graduate degree8.6 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Martinsville
Housing in New Martinsville
- Housing units2,465
- Occupied units2,220
- Vacant units245 plus or minus 133
- Vacancy rate9.9 percent plus or minus 5.4
- Owner occupied1,749
- Renter occupied471 plus or minus 149
- Ownership rate78.8 percent
- Median owner-occupied home value$128,300 plus or minus $25,615
- Median gross rent, monthly$688
- Annual rent as a share of median income13.5 percent plus or minus 3.7
- Single family units1,800
- Share single family73.0 percent
- Units in buildings of two or more332 plus or minus 129
- Share in buildings of two or more13.5 percent plus or minus 5.1
- Mobile homes333 plus or minus 95
- Median year structure built1962
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Martinsville
How New Martinsville gets to work
- Workers 16 and over who commute1,974
- Commuting under 15 minutes947 plus or minus 197
- Share commuting under 15 minutes48.0 percent
- Commuting 30 minutes or more473 plus or minus 161
- Share commuting 30 minutes or more24.0 percent plus or minus 7.8
- Drove alone83.1 percent
- Carpooled4.9 percent plus or minus 3.3
- Public transport0.2 percent plus or minus 0.5
- Walked5.5 percent plus or minus 3.0
- Worked from home5.4 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Martinsville
SBA loans in New Martinsville (7(a))
- Approvals6
- Gross approval$4,382,400
- Average approval$730,400
- Median approval$850,000
- Ninetieth percentile approval$2,005,000
- Largest approval$2,005,000
- Jobs supported21
- Jobs per approval3.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises33.3 percent
- Distinct lenders5
- Distinct industries by NAICS4
A charge-off rate is not published here. only 0 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.
New Martinsville
SBA loans in New Martinsville (504)
- Approvals2
- Gross approval$644,000
- Average approval$322,000
- Median approval$423,000
- Largest approval$423,000
- Jobs supported6
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wetzel County, not New Martinsville
Wetzel County context, not New Martinsville figures
These are Wetzel County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Martinsville measurements.
- Establishments in Wetzel County308
- Employment at those establishments, Wetzel County3,890
- Covered employment, Wetzel County4,878
- Average annual pay, Wetzel County$55,398
- Average weekly wage, Wetzel County$1,065
- Housing units permitted, Wetzel County0
- Of those, single family, Wetzel County0
- County product, 2024, Wetzel County$1,371,215,000
- County product change over the prior year, Wetzel County3.3 percent
- Average income of an arriving household, Wetzel County$37,773
Every figure in this section is published for Wetzel County as a whole and is not a measurement of New 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
New Martinsville questions, answered from the record.
How many people live in New Martinsville, West Virginia?
5,133, in 2,220 households. New Martinsville city covers 2.67 square miles of land, which is 1,921 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Martinsville in?
Wetzel 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 New Martinsville?
$60,946. The median owner-occupied home is valued at $128,300. Median gross rent is $688 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to New Martinsville businesses?
6 7(a) approvals totalling $4.4 m, across 5 lenders, median approval $850,000, plus 2 504 approvals worth $644,000. These count approvals to borrowers whose address is in New Martinsville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Martinsville borrowers get paid back?
No rate is published for New Martinsville. only 0 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 New Martinsville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wetzel 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 New Martinsville.
Is zoning published for New Martinsville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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