Martinsville, NJ

Full City Profile · New Jersey · Somerset County County

4.9 /5.0
A+ Excellent
12,016 Population 989/sq mi density
$206,839 Median Income $90,694 per capita
$702,700 Home Value $530,141 Zillow
$2,183 Median Rent 51.0% income on rent
53°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
5.0 / 5.0
$206,839 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$702,700 home value, $2,183/mo rent
A+
Education
5.0 / 5.0
71.9% bachelor's degree or higher

Martinsville, NJ

At a Glance

Median Income
$206,839
175% above
$90,694 per capita
Home Value
$702,700
149% above
Zillow: $530,141
Median Rent
$2,183/mo
88% above
51.0% of income on rent
Bachelor's Degree+
71.9%
113% above
98.3% high school+
Unemployment
2.3%
36% below
0.6% poverty rate
Obesity Rate
23.9%
26% below
6.6% smoking rate
Avg Temperature
53°F

How Martinsville Compares to the U.S. Average

Each bar shows Martinsville's value as a percentage of the national average (100% = U.S. avg)

Income
275%
Home Value
249%
Rent
188%
Poverty
5%
Bachelor's
213%
Unemployment
64%
Thin vertical line = U.S. national average (100%)

Is Martinsville a Good Place to Live?

A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Martinsville residents earn a median household income of $206,839 , which is 175% above the national average of $75,149. Per capita income is $90,694. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 0.6% of residents live below the poverty line. The area is home to 10,950 business establishments, including 823 restaurants.

Housing & Cost of Living

The median home value in Martinsville is $702,700 , 149% above the national median of $281,900. Zillow estimates the typical home at $530,141. Median rent is $2,183/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1971.

Education

71.9% of adults in Martinsville hold a bachelor's degree or higher (113% above the national average). 98.3% have completed high school. Local schools score 7.3/10 in standardized testing.

Climate & Weather

Martinsville has an average annual temperature of 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 45.5 inches.

Data Overview

People

Population12,016
Median Age45.9 yrs
Density989/mi²
Male / Female49% / 51%
Foreign Born16.3%
Veterans3.0%

Economy

A+
Median Income$206,839
Per Capita$90,694
Unemployment2.3%
Poverty0.6%
County GDP$54,494M
Avg Weekly Wage$2,046

Housing

A+
Home Value$702,700
Rent$2,183
Ownership94.5%
Zillow$530,141
Housing Units4,342
Rent Burden51.0%

Health

Obesity23.9%
Diabetes6.6%
Smoking6.6%
Heart Disease3.6%
Premature Death4,545/100K

Climate

Avg Temp53°F
Rain45.5 in/yr
Elevation242 ft

Education

A+
Bachelor's+71.9%
High School+98.3%
Graduate+31.8%
School Score7.3/10

Community

2024 VoteR 42% / D 56%
Commute35 min
Broadband97.4%
Internet Speed146 Mbps
EV Stations8
Libraries17

Did You Know?

The median home in Martinsville was built in 1971.
23.5% work from home.
The nearest airport is Central Jersey Regional (6 miles).
The Gini coefficient (income inequality) is 0.462 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.0% of the population has a disability.
16.3% of residents are foreign-born.
Average internet download speed is 146 Mbps.
There are 823 restaurants in the area.
The county recorded 17 fatal vehicle crashes.