Martinsville, Indiana

Martinsville, IN

The vibrant county seat for Morgan County is the midpoint between Indianapolis and Bloomington, both just minutes away on I-69. Beyond a wide range of housing including estate properties, Martinsville has a bustling downtown, plenty of skilled workers, great industrial sites, and business-friendly local officials who welcome companies.

Population Demographics

As of 2026 the population of Martinsville, IN is 11,949. The population is expected to grow to 12,015 by 2031 - a growth rate of 0.11%.

The median age of Martinsville, IN residents is 40.

The diversity index of Martinsville, IN is 20.3, meaning that there is a 20% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.

Housing and Income

The average household income in Martinsville, IN is $76,064 and projected to be $86,412 in 2031. Per capita income is $32,259, projected to be $37,076 in 2031. 0.8% of households – 95 – have an income of $200,000 or higher. Average net worth is $475,220 and the average disposable income is $57,944.

There are 5,439 housing units in Martinsville, IN; 2,923 are owner-occupied, 2,089 are rented, and 427 are vacant. The average home value is $207,238, with 258 homes built in 2010 or later, and 1,784 built in 1939 or earlier.

Business and Workforce

There are 572 businesses in Martinsville, IN, employing 6,561 workers and pulling from a labor force of 5,707 age 16 and above. 2,328 workers commute into Martinsville, IN from outside the county or state. Key industries for the area include:

3,309 residents both live and work in/around Martinsville, IN. The average travel time is 28.5 minutes. 4.05% people have a commute of less than 5 minutes while 6.74% commute 90 minutes or more each way. Of commuters, 4,393 drive alone, 467 carpool, and 0 take public transportation. 203 use other modes of transport such as motorcycle, bicycle, walking, etc. 644 residents work from home.

3,877 members of the workforce hold a high school diploma or GED. 868 have associates degrees, 824 have bachelor’s degrees, and 532 hold a graduate or professional degree.

Source: ESRI, 2026-08-31