What percentage of people rent in Martinsville, VA?

Name: Renters and owners in Martinsville, VA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

44.6% (±4.6 points) of the occupied homes in Martinsville, VA are rented (2020–2024 American Community Survey).

That is 2,546 renting households against 3,165 that own their home.

In Martinsville, the share of households that rent went from 44.1% in 2015–2019 to 44.6% in 2020–2024 (+0.5 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 44.6% (±4.6 points)
Renting households: 2,546 (±302)
Median renter income: $37,125 (±$9,569)

Who rents and who owns in Martinsville

Tenure, estimate (90% margin of error)
	Martinsville	Martinsville city	Virginia	United States
Renter-occupied share	44.6% (±4.6 points)	44.6% (±4.6 points)	32.7% (±0.3 points)	34.8%
Renting households	2,546 (±302)	2,546 (±302)	1,099,123 (±8,702)	45,017,354
Owning households	3,165 (±271)	3,165 (±271)	2,266,609 (±13,049)	84,210,142
Average renter household size	2.3 (±0.2)	2.3 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.4 (±0.2)	2.4 (±0.2)	2.6 (±0.0)	2.6
Median renter household income	$37,125 (±$9,569)	$37,125 (±$9,569)	$60,343 (±$529)	$52,966
Median owner household income	$62,647 (±$9,507)	$62,647 (±$9,507)	$114,147 (±$479)	$100,009

In Martinsville, the renter share is not measurably different from Martinsville city (44.6%).

It is also higher than in Virginia (32.7%).

It is higher than the national figure (34.8%).

Statewide, it ranks 100 of 464.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Martinsville has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	44.1% (±3.7 points)	44.6% (±4.6 points)	+0.5 percentage points	Not a measurable change
Median gross rent	$656 (±$45)	$808 (±$32)	+23.2%	No measurable change after inflation
Median household income	$34,371 (±$4,099)	$46,727 (±$5,215)	+35.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Martinsville

Nearest places with a published estimate, compared with Martinsville
Place	Distance	Households that rent	Compared with this place
Martinsville	—	44.6% (±4.6 points)	—
Chatmoss	3.1 mi	19.1% (±13.4 points)	Lower
Collinsville	3.7 mi	43.2% (±7.4 points)	Not measurably different
Horse Pasture	6.1 mi	15.2% (±8.2 points)	Lower
Stanleytown	6.8 mi	34.1% (±18.7 points)	Not measurably different
Ridgeway	7.3 mi	18.1% (±8.1 points)	Lower
Bassett	8.7 mi	26.9% (±15.8 points)	Lower
Eden	14 mi	45.0% (±5.1 points)	Not measurably different
Stoneville	15 mi	34.9% (±14.2 points)	Not measurably different

Nearby places with a measurably lower figure: Chatmoss, VA (19.1%), Horse Pasture, VA (15.2%), Ridgeway, VA (18.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Martinsville

How many renters are there in Martinsville?

Martinsville has an estimated 2,546 (±302) renting households, 44.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Martinsville?

In Martinsville, the share of households that rent went from 44.1% in 2015–2019 to 44.6% in 2020–2024 (+0.5 percentage points), not a measurable change.

How big are renting households in Martinsville?

A renting household in Martinsville has 2.3 people on average, against 2.4 in an owned home.

How much do renters earn in Martinsville?

The median renting household in Martinsville, VA has an income of $37,125 (±$9,569) a year, against $62,647 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Martinsville city, Virginia (place:49784, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.