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Insurance agencies in Martinsville city, VA

How Martinsville city, VA compares with other counties and the U.S. for insurance agencies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 22 out of 100: Low

Ranked #2,049 of 2,272 scored counties
#96 of 97 scored counties in Virginia

Listings
25
10 chain locations (40%)
Official establishments
13
Businesses with payroll, 2023
Household spending a year
$11.7M
On vehicle insurance · $2,056 a household
Spending per listing
$470K
63% below the U.S.
Listings per 10k households
43.8
2.8 times the U.S.
Population, 2025
13,849
+2.8% since 2020

See the insurance agencies around any address in Martinsville city

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Martinsville city. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For insurance agencies, Martinsville city has a Groundwork market score of 22 (low): #2,049 of 2,272 scored counties and #96 of 97 scored counties in Virginia. That puts it in the bottom quarter of counties.

As of September 2026, map listings count 25 insurance agencies in Martinsville city. Of those, 10 are chain locations, or 40%, against 21% across the U.S. Per 10,000 households, that is 43.8, 2.8 times the U.S. rate of 15.6.

Households in Martinsville city spend about $11.7M a year on vehicle insurance, or $2,056 per household, 5% above the U.S. average. That is about $470K of household spending for each agency on map listings, 63% below the U.S. figure of $1.3M.

In 2023, official counts showed 13 businesses with payroll in Martinsville city classed as insurance agencies and brokerages. That is one for every 439 households, against one for every 966 across the U.S. Between 2020 and 2025, the population of Martinsville city grew 2.8%, in step with the U.S. (+3.1%).

How Martinsville city compares

The same measures for Virginia and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Martinsville city, VA compared with Virginia and the U.S.
MeasureMartinsville cityVirginiaU.S.
Listings per 10k households43.812.515.6
Spending per listing$470K$2M$1.3M
Households per official establishment4391,234966
Official establishment growth, 2019–2023n/a−7.4%−1.0%
Population growth, 2020–2025+2.8%+2.8%+3.1%
Spending per household on vehicle insurance$2,056$2,545$1,957
Median household income$46,727$93,170$80,734
Groundwork market score2283

Official counts and lending

Businesses

Official establishments, 2019 to 2023
14 → 13
Employees, 2023
60
Annual payroll, 2023
$3.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
2510 chain locations
Listings at the U.S. rate for this spending
9The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as insurance agencies and brokerages in Martinsville city, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Martinsville city

Population, 2025 estimate
13,849+2.8% since 2020
Households
5,711
Median age
37.1
Homes lived in by their owners
55%
Vehicles per household
1.5
Land area
11 sq. mi.
People per square mile
1,247
Median household income
$46,727+36.0% vs. 2015–2019, before inflation
Average household income
$67,985
Median home value
$98,400
Jobs located here
8,670
Daytime population
16,559Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Martinsville city?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of Martinsville city. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Virginia

Every Virginia market ranked →

The highest-scoring counties in Virginia for insurance agencies, numbered among those based in Virginia, with Martinsville city marked.

Top counties in Virginia

Counties in Virginia ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Louisa County, VA98106.4$5M+13.6%#1 of 2,272
2Stafford County, VA97265.0$6.1M+8.3%#3 of 2,272
3King William County, VA9768.2$3.9M+9.5%#5 of 2,272
4King George County, VA9698.9$3.4M+10.5%#10 of 2,272
5Rockingham County, VA95164.9$6.2M+6.6%#13 of 2,272
6Frederick County, VA95226.2$4.7M+8.8%#15 of 2,272
7Orange County, VA95117.4$4M+10.1%#17 of 2,272
8Spotsylvania County, VA95448.4$3.6M+10.5%#19 of 2,272
9Dinwiddie County, VA9465.6$5.8M+3.6%#22 of 2,272
10Caroline County, VA9475.8$5.3M+11.3%#23 of 2,272
96Martinsville city, VA222543.8$470K+2.8%#2,049 of 2,272

Other business types in Martinsville city

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in Martinsville city, VA?

Martinsville city has 25 insurance agencies on map listings as of September 2026. 10 of them (40%) are chain locations. The listings count insurance agencies. Official counts show 13 businesses with payroll classed as insurance agencies and brokerages in 2023.

How much do households in Martinsville city, VA spend on vehicle insurance?

About $11.7M a year, or $2,056 per household. That is 5% above the U.S. average (an index of 105, where 100 is the U.S. average). Spread across the 25 insurance agencies on map listings, it comes to $470K per agency. It is estimated from the incomes of the 5,711 households in Martinsville city and national spending patterns by income.

How does Martinsville city, VA compare with the U.S. for insurance agencies?

Martinsville city has 43.8 insurance agencies per 10,000 households, 2.8 times the U.S. rate of 15.6. Spending per agency is $470K, 63% below the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, Martinsville city would have about 9, against 25 on map listings. There is one business with payroll in the industry for every 439 households, against one for every 966 across the U.S.

How fast is Martinsville city, VA growing?

Population estimates put Martinsville city at 13,849 people in 2025, up 2.8% since 2020, in step with the U.S. (+3.1%). It has 5,711 households. The median household income in Martinsville city is $46,727 a year, 42% below the U.S. median of $80,734. That rose 36.0% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Martinsville city scores 22 for insurance agencies (low), #2,049 of 2,272 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Martinsville city. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in Martinsville city

Screening a site or an acquisition in Martinsville city?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Martinsville city. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.