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Martinsville Virginia Real Estate By Jennifer Hershey

Martinsville Virginia Real Estate

Martinsville, Virginia, is located in Martinsville City County, 41 miles S of Roanoke, Virginia and 115 miles NE of Charlotte, North Carolina. Martinsville has a population of 15,416.

Martinsville Homes

Martinsville properties pool is 6,498 residential properties including Martinsville new homes. Median age of real estate in Martinsville is 1959. Average Household size is 2.89 people. 2% are one bedroom homes, 24% are 2 bedroom homes, 45% are 3 bedroom homes, 21% are 4 bedroom homes, and 7% are 5+ bedroom homes.

Martinsville Mortgage Statistics

Martinsville mortgages vs. USA median statistics

Homes Martinsville USA
Homes With No Mortgage 44%
30%
Homes With Mortgage 56%
70%
First Mortgage Only 44%
54%
First & Second Mortgage or HELOC 12%
16%

Martinsville Area Real Estate Tax

Martinsville Real estate Tax: Median Real Estate Taxes (2000) were $461 comparing to 1999 Median Family income $ 35,321. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Martinsville School District: Children make up 22.6% of Martinsville population. Martinsville has 3,478 under 18 years old residents, or 0.58 kids per one worker, or 0.54 kids per one household.

Martinsville Real Estate & Martinsville Homeownership

There are 2209.32 or 34% one person households, 2144.34 or 33% two person households, and 1039.68 or 16% three person households in Martinsville, Virginia. Median residents age is 40.8, Senior citizens (65+) make up 3,179 or 20.6%% of Martinsville population.

There are 6,025 workers (over 16 years of age) in Martinsville. Of these, 95.59% drive to work. Approximately 0.55% of workers in Martinsville take public transportation. An estimated 1.54% walk to work.

Median Martinsville homeowner's housing expences are 15.6%

Crime in Martinsville (2003), crimes per 10,000 residents per year

Type of Crime Martinsville USA, 2003
Violent Crimes
37.62
47.5
Robberies
9.08
14.2
Aggravated Assaults
24.65
29.5
Property Crimes
402.83
358.8
Burglaries
76.54
74.0
Larceny-Thefts
308.12
241.5
Motor Vehicle Thefts
18.16
43.3

Invest in Martinsville Properties

When making a decision about buying real estate in Martinsville Virginia area, you should consider following statistical data:

Category Martinsville USA
Near Medium City
Roanoke, Virginia
-
Near Large City
Charlotte, North Carolina
-
Martinsville Zip Codes
24112
-
Martinsville Area Codes
276
-
White population
55.38%
75.1%
African-American population
42.55%
12.3%
Asian
0.47%
3.6%
American Indian & Alaskan
0.1%
0.9%
Hispanic (of any race)
2.32%
12.5%
Median Family Income (1999)
$ 35,321%
$42,000
Population Below Poverty Level
18.42%
12.4%

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