Ferrum, VA
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Ferrum, VA: Quick Facts & Overview
- Population: 1,774 residents (75 people per sq. mi.)
- Average House Price: $169,154
- Average Household Income: $40,435
Ferrum, VA is located in the state of Virginia. It is home to about 1,774 people, with around 75 residents living in every square mile.
If you want to buy a house in Ferrum, the average price is around $169,154. That makes local housing 51% lower than the Virginia average of $344,811, and 45% lower than the national average of $308,592.
The average household in Ferrum earns about $40,435 a year. This income is 53% lower than the average family in Virginia ($85,511), and 49% lower than the national average ($78,686).
Population
1,774
Median Household Income
$40,435
Median Home Value
$169,154
Median Age
21.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $10,612 |
| Labor Force Participation | 54.8% |
| Unemployment Rate | 7.3% |
| Average Commute Time | 23.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 69.5% |
| Median Rent | $638 |
| Rent Burdened (>30% Income) | 19.1% |
| Total Housing Units | 406 |
Additional Census & Housing Profile
Geographic Overview
| County | Franklin |
| County FIPS | 51067 |
| Metro Area (CBSA) | Roanoke, VA |
| Population Density | 74.9/sq mi |
| Coordinates (lat/lng) | 36.9314, -80.0148 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.19 |
| Dual Income Families | 38.4% |
Marital Status
| Married | 29.4% |
| Never Married | 60.7% |
| Divorced | 7.2% |
| Widowed | 2.7% |
Gender
| Male | 52.4% |
| Female | 47.6% |
Health & Poverty
| Uninsured Rate (Health) | 2.8% |
| Poverty Rate | 37.1% |
Key Population Groups
| Veterans | 2.9% |
| Disabled Population | 15.4% |
| Limited English Proficiency | - |
All ZIP Codes in Ferrum
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 24088 | 5,017 | $41,769 | $147,604 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Henry Fork, VA | 8.3 miles | 805 |
| Rocky Mount, VA | 8.7 miles | 4,950 |
| Oak Level, VA | 10.3 miles | 563 |
| Bassett, VA | 11.8 miles | 1,031 |
| Stanleytown, VA | 12.9 miles | 1,386 |
| Boones Mill, VA | 13.2 miles | 228 |
| Collinsville, VA | 15.6 miles | 7,139 |
| Fieldale, VA | 16.4 miles | 783 |
| Floyd, VA | 16.8 miles | 479 |
| Villa Heights, VA | 17.3 miles | 601 |
| Martinsville, VA | 19.1 miles | 13,658 |
| Union Hall, VA | 19.3 miles | 1,445 |
| Cave Spring, VA | 20.3 miles | 25,742 |
| Horse Pasture, VA | 21 miles | 2,236 |
| Shawsville, VA | 21.1 miles | 1,411 |
| Laurel Park, VA | 21.1 miles | 553 |
| Chatmoss, VA | 21.3 miles | 1,563 |
| Penhook, VA | 21.5 miles | 1,250 |
| Westlake Corner, VA | 21.6 miles | 2,033 |
| North Shore, VA | 22.4 miles | 3,638 |
| Elliston, VA | 22.8 miles | 952 |
| Patrick Springs, VA | 22.9 miles | 2,223 |
| Lafayette, VA | 23.3 miles | 628 |
| Roanoke, VA | 24.2 miles | 218,060 |
| Stuart, VA | 24.5 miles | 1,952 |
| Salem, VA | 24.6 miles | 25,618 |
| Glenvar, VA | 24.6 miles | 829 |
| Vinton, VA | 24.7 miles | 8,056 |
| Meadows of Dan, VA | 25 miles | 134 |
| Riner, VA | 25.3 miles | 1,038 |
| Christiansburg, VA | 25.9 miles | 22,720 |
| Ridgeway, VA | 25.9 miles | 1,051 |
| Stewartsville, VA | 26.2 miles | 737 |
| Moneta, VA | 28.4 miles | 395 |
| Hollins, VA | 28.7 miles | 17,097 |
| Merrimac, VA | 28.8 miles | 2,733 |
| Sandy Level, VA | 29.9 miles | 407 |
| Cloverdale, VA | 30 miles | 3,208 |
| Plum Creek, VA | 30.2 miles | 1,068 |
| Blacksburg, VA | 30.7 miles | 70,313 |
| Laymantown, VA | 31.1 miles | 1,626 |
| Belview, VA | 31.9 miles | 990 |
| Prices Fork, VA | 32.2 miles | 900 |
| Blue Ridge, VA | 32.7 miles | 2,800 |
| Radford, VA | 32.8 miles | 16,726 |
| Stoneville, NC | 32.8 miles | 1,094 |
| Eden, NC | 33.3 miles | 15,356 |
| Fairlawn, VA | 33.4 miles | 2,488 |
| Daleville, VA | 33.9 miles | 3,797 |
| Troutville, VA | 34.4 miles | 475 |
| Chatham, VA | 35 miles | 1,448 |
| New River, VA | 35 miles | 268 |
| Montvale, VA | 35.3 miles | 351 |
| Mayodan, NC | 35.4 miles | 2,401 |
| Gretna, VA | 35.9 miles | 1,452 |
| Mount Hermon, VA | 37.5 miles | 4,155 |
| Belspring, VA | 37.5 miles | 152 |
| Danbury, NC | 37.6 miles | 197 |
| Madison, NC | 37.7 miles | 2,242 |
| Motley, VA | 38 miles | 987 |
| Dublin, VA | 38.6 miles | 2,671 |
| Blairs, VA | 38.8 miles | 1,062 |
| Parrott, VA | 38.9 miles | 401 |
| Bedford, VA | 39.1 miles | 7,724 |
| New Castle, VA | 39.7 miles | 138 |
| Wentworth, NC | 40.1 miles | 2,692 |
| Fincastle, VA | 40.1 miles | 858 |
| Draper, VA | 40.2 miles | 348 |
| Hurt, VA | 40.9 miles | 1,361 |
| Danville, VA | 41.3 miles | 42,214 |
| Eggleston, VA | 41.5 miles | 117 |
| Hillsville, VA | 41.6 miles | 2,864 |
| Fancy Gap, VA | 41.8 miles | 214 |
| Pulaski, VA | 42.1 miles | 8,893 |
| Altavista, VA | 42.4 miles | 3,342 |
| Ruffin, NC | 42.7 miles | 423 |
| Cana, VA | 43.5 miles | 964 |
| Pembroke, VA | 43.6 miles | 996 |
| Mount Airy, NC | 44.3 miles | 10,633 |
| Buchanan, VA | 44.5 miles | 1,367 |
| Walnut Cove, NC | 44.6 miles | 2,115 |
| Reidsville, NC | 45.2 miles | 14,585 |
| Pilot Mountain, NC | 45.5 miles | 1,483 |
| Toast, NC | 45.6 miles | 893 |
| Ripplemead, VA | 46.6 miles | 294 |
| Pinnacle, NC | 47.8 miles | 540 |
| Pearisburg, VA | 47.9 miles | 2,860 |
| Germanton, NC | 48.1 miles | 1,087 |
| White Plains, NC | 48.1 miles | 795 |
| Stokesdale, NC | 48.4 miles | 6,004 |
| King, NC | 49 miles | 7,408 |
| Timberlake, VA | 49.9 miles | 12,725 |
| Forest, VA | 50.5 miles | 13,430 |