2025 Compare Cities Economy:
Martinsville, IN vs Spencer, IN

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Highlights
- Household income in Spencer, is 35% less than it is in Martinsville and is 103% below the National Average.
- Martinsville unemployment rate is 3.9%.
- Spencer unemployment rate is 5.0%.
 Martinsville, INSpencer, INUnited States
 Unemployment Rate  Unlock5.0%6.0%
 Recent Job Growth  Unlock-1.6%1.6%
 Future Job Growth37.0%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock4.5%4.6%
 Income per Cap.$25,182  Unlock$37,638
 Household Income  Unlock$34,063$69,021
 Family Median Income$61,532  Unlock$85,028
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 Est. Households By Income
 Martinsville, INSpencer, INUnited States
 Income Less Than 15K  Unlock12.1%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock18.9%8.1%
 Income between 30K and 40K13.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.6%7.6%
 Income between 50K and 60K8.5%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K12.6%  Unlock12.8%
 Income between 100K and 150K  Unlock5.5%16.3%
 Income between 150K and 200K3.1%  Unlock7.8%
 Income greater than 200K  Unlock1.0%9.5%
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 Population By Occupation
 Martinsville, INSpencer, INUnited States
 Management, business, finance7.7%  Unlock16.4%
 Engineering, computers, science  Unlock2.9%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library3.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement4.7%  Unlock2.1%
 Food preparation, serving  Unlock13.5%5.4%
 Building maintenance6.4%  Unlock3.6%
 Personal care  Unlock0.9%2.6%
 Sales, office, administrative support15.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.3%0.6%
 Construction, extraction, maintenance/repair12.4%  Unlock8.1%
 Production, transportation, material moving  Unlock26.4%13.1%
Reviews for Martinsville    2 Reviews

Over 8 years ago

If you are not originally from Martinsville - DON'T MOVE THERE! It is the most unfriendly, racially bigoted, cliquish "community". We built a home there, in an upscale  More

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Over 15 years ago

The best thing about Martinsville, IN is the lack of crime in the country. I have grown up here and living in the country creates a sense of security and comfort. It  More

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Reviews for Spencer    2 Reviews

Over 16 years ago

All the schools within this county do the best they can with what little funding is available to them. The high school was not the best in preparing students for  More

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Over 16 years ago

Rural, appalacia-like topography, beautiful country, mostly poor but varied, nice people, good services, reasonable cost of living, typical midwest weather -  More

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