New Martinsville, WV
Population 5,175 · West Virginia
About New Martinsville, WV
New Martinsville is a small town located in West Virginia with a population of 5,175 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,226 per year, which is 32% below the national median of $75,149. The median age of 44.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in New Martinsville features a median home value of $112,600, which is 54% below the national median of $244,900. This makes New Martinsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $718, 38% below the national average of $1,163/month. Of the 2,418 total housing units, 76% are owner-occupied (1,611 units) and 24% are renter-occupied (516 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Martinsville shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.8%, above the national average of 12.4%. Workers in New Martinsville have an average one-way commute time of 17.7 minutes, one of the shorter commutes in the region.
Education & Demographics
16.9% of New Martinsville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 1.2% of the population being foreign-born.
How New Martinsville Ranks in West Virginia
Cost of Living in New Martinsville, WV
Compared to national averages, New Martinsville has a median household income of $51,226 (32% below the national median of $75,149). Home values average $112,600, which is 54% below the national median. Monthly rent at $718 is 38% below the US average of $1,163. Within West Virginia, New Martinsville's income is 5% below the state average of $54,014, and home values are 12% below the state median of $128,301.
Why Live in New Martinsville, WV?
New Martinsville offers affordable housing with a median home value of $112,600, below the US average of $244,900, and rent that’s lower than the national average at $718/month, and short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($51,226) that falls below the national average. However, New Martinsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Martinsville has a population of 5,175 with a median age of 44.2 years. Compare New Martinsville with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near New Martinsville
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buckhannon | 5,144 | $48,720 | $152,000 | Compare |
| Keyser | 4,870 | $47,991 | $141,400 | Compare |
| Ranson corporation, West Virginia | 5,588 | $86,378 | $220,700 | Compare |
| Grafton | 4,671 | $38,872 | $72,700 | Compare |
| Princeton | 5,780 | $44,428 | $115,800 | Compare |
| Barboursville | 4,394 | $59,531 | $212,000 | Compare |
| Point Pleasant | 4,009 | $40,837 | $113,900 | Compare |
| Westover | 4,007 | $58,333 | $179,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare New Martinsville With Other Cities
Frequently Asked Questions about New Martinsville
What is the population of New Martinsville, WV?
The population of New Martinsville, WV is 5,175 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in West Virginia.
What is the median household income in New Martinsville?
The median household income in New Martinsville, WV is $51,226 per year, which is 32% below the national median of $75,149.
What is the median home value in New Martinsville?
The median home value in New Martinsville, WV is $112,600, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Martinsville?
The median monthly rent in New Martinsville, WV is $718, which is 38% below the national average of $1,163/month.
What is the unemployment rate in New Martinsville?
The unemployment rate in New Martinsville, WV is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Martinsville, WV a good place to live?
New Martinsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,175 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is New Martinsville, WV?
16.9% of residents in New Martinsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in New Martinsville?
Key cost-of-living indicators for New Martinsville, WV: median home value is $112,600 (54% below national), median rent is $718/month, and median household income is $51,226. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Martinsville?
The poverty rate in New Martinsville, WV is 18.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is New Martinsville, WV?
New Martinsville's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 1.1% two or more races. 1.2% of residents are foreign-born.