Housing costs in Martinsville?
A typical home costs
$106,800, which is 68.4% less expensive than the national average of
$338,100 and 68.9% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Martinsville costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 81.8% cheaper than the state average of
$1,400.
Can I afford Martinsville?
To live comfortably in Martinsville, Virginia, a minimum annual income of
$20,520 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Martinsville?
Martinsville, VA is a great place for families on a budget. The cost of living in Martinsville is 8% lower than the U.S. average, making it an affordable option for those looking to save money. The median household income is $36,919 and the median home value is $95,400. The cost of groceries, utilities, health care and housing are all significantly lower than the national average. With its low unemployment rate, diverse job market and low taxes, Martinsville is an attractive option for those looking for a quality lifestyle without breaking the bank.