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
Change Over Time (2013, 2023)
Population Change
-0.9%
12,128 → 12,016
over 10 years
Annual Pop. Growth
-0.09%
Compound annual growth rate
Median Income Change
+48.9%
$138,934 → $206,839
nominal, not inflation-adjusted
Annual Income Growth
+4.06%
Compound annual growth rate
Population Over Time
Total population for Martinsville across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
11,941
-75 from 2023 (12,016)
Projected Median Income 2030
$273,287
+$66,448 from 2023 ($206,839)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 12,128 | - | $138,934 | - |
| 2015 | 11,950 | -1.5% | $126,745 | -8.8% |
| 2017 | 11,707 | -2% | $135,721 | +7.1% |
| 2019 | 11,586 | -1% | $156,327 | +15.2% |
| 2021 | 11,980 | +3.4% | $177,045 | +13.3% |
| 2023 | 12,016 | +0.3% | $206,839 | +16.8% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.