Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Martinsville, Indiana is a moderately-sized city with a population of 11,807 residents. According to the most recent Census, 98% of Martinsville residents are White, 1% Black and 0% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Martinsville your home, your one-way commute time will typically last around 28 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to ascertain if living in Martinsville is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in Indiana, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Martinsville, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, education and more.
Using data and statistics Martinsville has received a livability score of 62 out of 100. This score is ranked in the 50th percentile when compared to all other cities. If we examine each of the categories on their own, we see that Martinsville ranks well for cost of living (A+) and housing (A). Martinsville does not score well for the following: amenities (F) and employment (D-). It might be a good idea to take a closer look at each category to find out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Martinsville market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Martinsville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Martinsville. The median home price for Martinsville homes is $108,800, which is 14% lower than the Indiana average. If we take a closer look at the affordability of homes in Martinsville, we’ll see that the home price to income ratio is 2.2, which is 12% lower than the Indiana average.
| Statistic | Martinsville | Indiana | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 82.6% | 83.0% | 76.4% |
| Workers who carpool | 8.1% | 8.9% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 3.1% | 2.1% | 2.8% |
| Working from home | 6.1% | 3.5% | 4.6% |
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