Martinsville, Indiana (46151) is an attractive place to live for those looking for a low-cost lifestyle. The 2 Bedroom rent in Martinsville is only $930, compared to the US average of $1430, making it much more affordable than other locations. Additionally, the Grocery Cost Index in Martinsville is 94 versus 100 in the US--meaning that grocery bills are also below average. There are many local companies that make life enjoyable here in Martinsville, such as Brookshire Inn & Golf Club, Turner's Drive Thru Market and Service Station, and Martin's Super Markets which provide convenient access to groceries and consumer goods. In short, living in Martinsville provides access to a low-cost lifestyle with plenty of amenities to enjoy!
Martinsville (zip 46151) has an unemployment rate of 3.9%. The US average is 6.0%.
Martinsville (zip 46151) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Martinsville (zip 46151)
- The Sales Tax Rate for Martinsville (zip 46151) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Martinsville (zip 46151) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Martinsville (zip 46151)
- The average income of a Martinsville (zip 46151) resident is $33,525 a year. The US average is $37,638 a year.
- The Median household income of a Martinsville (zip 46151) resident is $69,710 a year. The US average is $69,021 a year.