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2024 Compare Cities Economy:
Martinsville, VA vs Bedford, VA

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Highlights
- Household income in Bedford, is 0% more than it is in Martinsville and is 87% below the National Average.
- Martinsville unemployment rate is 9.1%.
- Bedford unemployment rate is 4.7%.

Economy
 Martinsville, VABedford, VAUnited States
 Unemployment Rate9.1%4.7%6.0%
 Recent Job Growth1.1%2.3%1.6%
 Future Job Growth24.3%31.1%33.5%
 Sales Taxes5.3%5.3%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$23,592$24,432$37,638
 Household Income$36,832$36,971$69,021
 Family Median Income$47,019$50,568$85,028
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 Est. Households By Income
 Martinsville, VABedford, VAUnited States
 Income Less Than 15K16.4%14.3%9.4%
 Income between 15K and 20K9.7%8.6%3.8%
 Income between 20K and 30K15.5%15.7%8.1%
 Income between 30K and 40K11.6%15.3%8.0%
 Income between 40K and 50K8.8%6.3%7.6%
 Income between 50K and 60K8.2%5.4%7.2%
 Income between 60K and 75K7.8%8.4%9.6%
 Income between 75K and 100K9.1%9.7%12.8%
 Income between 100K and 150K6.9%11.4%16.3%
 Income between 150K and 200K2.9%4.3%7.8%
 Income greater than 200K3.1%0.6%9.5%
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 Population By Occupation
 Martinsville, VABedford, VAUnited States
 Management, business, finance9.5%13.2%16.4%
 Engineering, computers, science4.1%4.8%6.5%
 Community, social services1.7%2.2%1.8%
 Legal0.2%1.2%1.2%
 Education, library6.1%6.4%6.2%
 Arts, design, media, sports, entertainment0.7%0.0%2.0%
 Healthcare practitioners and technology5.8%6.7%6.2%
 Healthcare support5.8%6.1%3.3%
 Firefighters, law enforcement2.5%0.1%2.1%
 Food preparation, serving2.2%4.6%5.4%
 Building maintenance4.9%3.3%3.6%
 Personal care3.2%3.7%2.6%
 Sales, office, administrative support22.2%24.9%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%9.0%8.1%
 Production, transportation, material moving25.9%13.9%13.1%

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Reviews for Martinsville    3 Reviews

I've lived here almost 40 years and taught economics in the local community college. Ideally situated between Greensboro NC and Roanoke VA. Low housing prices, crime  More

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Over 12 years ago

We are lucky if we get one snowfall that covers the ground and stays for 1-2 days. Winters are mild with beautiful spring and fall weather. The summers are great but  More

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Over 14 years ago

Boring! Nothing to do, nowhere to go, very scarce on jobs........need I say  More

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Reviews for Bedford    4 Reviews

Over 15 years ago

I've lived in Beford county for 17 years and the cost of living is great! I disagree with the person who said the cost of living is high. I bought a fairly new home on  More

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Over 16 years ago

this is a really nice area and friendly folks---but the cost of living and home prices are very high---it seems that groceries are a pricey item all and all you need  More

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Over 18 years ago

Little if any culture other than wals in the woods and visits to D-Day memorial. Elks home theater is only drama  More

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ZIPS IN MARTINSVILLE, VIRGINIA
24112
ZIPS IN BEDFORD, VIRGINIA
24523

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