Groundwork

Small-town market profile · Virginia

Martinsville, VA area market data

Population, household spending and competition for 56 business types in the Martinsville area, each scored against other small-town markets.

Population, 2025
63,091
−1.9% since 2020
Households
26,754
Median household income
$49,860
+33.6% vs. 2015–2019, before inflation
Median home value
$130,800
Jobs located here
25,447
Highest market score
64
Landscaping and lawn care, #94 of 399 scored small-town markets

A site report maps the competitors on map listings around any address in the Martinsville area by name and distance, and the households and spending within reach. Or open the report at the center of the Martinsville area. 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

An estimated 63,091 people live in the Martinsville area, in 26,754 households. Population estimates put the population change in the Martinsville area from 2020 to 2025 at −1.9%, against +3.1% for the U.S. The median household income in the Martinsville area is $49,860 a year, 38% below the U.S. median of $80,734. That rose 33.6% from the 2015–2019 survey, before inflation.

Set against the U.S., households in the Martinsville area spend the most on vehicle insurance (an index of 128, where 100 is the U.S. average) and the least on memberships, classes and admissions (50).

The highest Groundwork market scores in the Martinsville area are for landscaping and lawn care companies (64), pet businesses (64) and pet grooming and boarding businesses (63). The Martinsville area ranks #94 of 399 scored small-town markets for landscaping and lawn care companies.

The Martinsville area takes in 2 counties: Henry County and Martinsville city. For its number of households, the Martinsville area has the most map listings, relative to the U.S., for convenience stores (2.2 times the U.S. rate) and the fewest for real estate businesses (64% below the U.S. rate).

All 56 business types in the Martinsville area

Highest Groundwork market score first. Each score compares the Martinsville area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Martinsville, VA area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Landscaping and lawn care64#94 of 39983.0$4.1M14116
Pet businesses64#101 of 527155.6$1.3M1436
Pet grooming and boarding63#92 of 38762.2$3.1M1233
Gyms61#129 of 50651.9$2.6M2014
Insurance agencies61#178 of 5373914.6$1.7M13722
Chiropractors60#132 of 42662.2$4.1M1724
Child care and preschools58#164 of 45462.2$1.4M13810
Coffee shops and cafes58#178 of 529155.6$5.4M1455
Roofing and gutters56#108 of 28862.2$10.6M1253
Funeral homes56#139 of 36593.4$518K768
Home repair trades55#196 of 526217.8$3M12528
Real estate agents and brokers54#198 of 5333212.0Index only1998
Real estate54#209 of 5363713.8Index only21616
Bakeries and dessert shops53#219 of 507166.0$5M1225
Restaurants and cafes53#231 of 53818569.1$436K11898
HVAC and plumbing52#210 of 476124.5$5.3M11116
Lawn, cleaning and pest control50#232 of 481134.9$2.5M15146
Sit-down restaurants48#280 of 5389937.0$814K12343
Gyms, studios and classes48#303 of 535176.4$771K1167
Pet stores46#117 of 22051.9$3.8M83Under 3
Clothing, shoes and laundry43#325 of 5364215.7$992K11311
Clothing and shoe stores40#353 of 5363312.3$1.3M9911
Pizza40#353 of 520176.4$4.7M9350
Collision repair and body shops39#277 of 387103.7$2.3M766
Primary care and pediatrics38#326 of 458145.2$1.8M9927
Optometrists and eye care35#317 of 400124.5$2.1M663
Gas stations35#420 of 5365520.6$1.4M6040
Auto repair shops34#430 of 5386925.8$339K7625
Grocery stores30#423 of 506207.5$7.1M7612
Martial arts and dance studios29#328 of 378114.1$1.2M593
Salons, barbers and spas29#492 of 53811342.2$173K8111
Hair salons28#486 of 5386524.3$301K707
Fast food and sandwich shops26#470 of 5373814.2$2.1M7050
Car washes and detailing25#406 of 441134.9$1.8M71Under 3
Auto repair and car care25#489 of 53813048.6$180K6741
Nail salons24#347 of 387124.5$1.6M97Under 3
Doctors, dentists and clinics23#497 of 53818970.6$131K8666
Physical therapy22#373 of 400176.4$1.5M609
Dentists and orthodontists22#502 of 5262710.1$915K9319
Spas and skin care21#481 of 504217.8$930K106Under 3
Tire shops17#410 of 431197.1$1.2M499
Barbershops15#349 of 377155.6$1.3M69Under 3
Grocery and convenience stores14#518 of 5387628.4$1.9M5530
Convenience stores11#518 of 5294717.6$3M3818
VeterinariansNot scoredNot scored41.5$4.7M1733
Dry cleanersNot scoredNot scored31.1$13.9M89Under 3
ElectriciansNot scoredNot scored31.1$21.2M1769
Oil change and quick lubeNot scoredNot scored31.1$7.8M573
Pest controlNot scoredNot scored31.1$11M1073
House cleaningNot scoredNot scored20.7$16.5MToo few27
Mortgage brokers and lendersNot scoredNot scored20.7Index onlyToo fewUnder 3
Property managementNot scoredNot scored20.7Index onlyToo few6
Home inspectorsNot scoredNot scored10.4Index onlyToo fewUnder 3
LaundromatsNot scoredNot scored10.4$41.7MToo fewUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored10.4$13.1MToo few4
Urgent care and walk-in clinicsNot scoredNot scored00.0None listedNone listed4

Household spending in the Martinsville area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Martinsville, VA area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$23.4M$87491
Gasoline and other fuels$78.2M$2,924113
Food away from home$80.6M$3,01374
Groceries$141.8M$5,29984
Personal care products and services$19.5M$73073
Child care and other personal services$8.3M$31053
Memberships, classes and admissions$13.1M$49050
Medical and dental services$24.7M$92472
Pets$18.8M$70477
Clothing, shoes and related services$41.7M$1,55876
Vehicle insurance$67.1M$2,508128
Home repairs, maintenance and insurance$63.6M$2,37679
Lawn care, cleaning and other household services$32.9M$1,23087
Rent and homeowner costs$346.5M$12,95178

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Martinsville area

Population, 2025 estimate
63,091−1.9% since 2020
Households
26,754
Median age
45.4
Homes lived in by their owners
71%
Vehicles per household
1.9
Land area
393 sq. mi.
People per square mile
162
Median household income
$49,860+33.6% vs. 2015–2019, before inflation
Average household income
$67,928
Median home value
$130,800
Jobs located here
25,447
Daytime population
62,583Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Martinsville area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

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

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Questions

How fast is the Martinsville, VA area growing?

Population estimates put the Martinsville area at 63,091 people in 2025, down 1.9% since 2020, against +3.1% for the U.S. It has 26,754 households. Against the 2015–2019 survey, median household income rose 33.6%, before inflation.

How much do households in the Martinsville, VA area spend?

Households in the Martinsville area spend about $346.5M a year on rent and homeowner costs, $141.8M on groceries and $80.6M on food away from home. Relative to the U.S., household spending in the Martinsville area runs highest on vehicle insurance (an index of 128, where 100 is the U.S. average) and lowest on memberships, classes and admissions (50).

Which business types have the highest market scores in the Martinsville, VA area?

Of the business types scored in the Martinsville area, landscaping and lawn care companies (64), pet businesses (64) and pet grooming and boarding businesses (63) have the highest Groundwork market scores. For landscaping and lawn care companies, that ranks #94 of 399 scored small-town markets.

How does the Martinsville, VA area compare with the U.S.?

Median household income in the Martinsville area is $49,860, 38% below the U.S. median of $80,734. The population fell 1.9% from 2020 to 2025, against +3.1% for the U.S. The median home value is $130,800, against $332,700 for the U.S. Against the U.S., map listings per household run highest for convenience stores (2.2 times the U.S. rate) and lowest for real estate businesses (64% below the U.S. rate).

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. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. 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. 44 of the 56 business types have a score in the Martinsville area, each ranked against other small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Martinsville area. It maps the competitors 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.

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Screening a site or an acquisition in the Martinsville area?

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 the Martinsville area. 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.