Ferrum, VA

Census Place

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2023 Population

1,622

5.53% 1-year decline

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2023 Median Age

21.5

0.939% 1-year increase

2023 Poverty Rate

35.1%

7.4% 1-year decrease

2023 Median Household Income

$31,750

6.53% 1-year decline

2023 Median Property Value

$202,500

53.8% 1-year growth

2023 Employed Population

744

9.16% 1-year decline

About

In 2023, Ferrum, VA had a population of 1.62k people with a median age of 21.5 and a median household income of $31,750. Between 2022 and 2023 the population of Ferrum, VA declined from 1,717 to 1,622, a −5.53% decrease and its median household income declined from $33,967 to $31,750, a −6.53% decrease.

The 5 largest ethnic groups in Ferrum, VA are White (Non-Hispanic) (66.2%), Black or African American (Non-Hispanic) (25.4%), Two+ (Non-Hispanic) (5.43%), Two+ (Hispanic) (1.05%), and White (Hispanic) (0.986%).

None of the households in Ferrum, VA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99.5% of the residents in Ferrum, VA are U.S. citizens.

The largest universities in Ferrum, VA are Ferrum College (232089) (170 degrees awarded in 2022).

In 2023, the median property value in Ferrum, VA was $202,500, and the homeownership rate was 64.9%.

Most people in Ferrum, VA drove alone to work, and the average commute time was 24.6 minutes. The average car ownership in Ferrum, VA was 3 cars per household.

United States Virginia Franklin County, VA Roanoke, VA Roanoke Valley-Alleghany Regional Commission (Outside Roanoke & Salem Cities) PUMA, VA

Population & Diversity

Ferrum, VA is home to a population of 1.62k people, from which 99.5% are citizens. As of 2023, 0.493% of Ferrum, VA residents were born outside of the country (8 people).

In 2023, there were 2.61 times more White (Non-Hispanic) residents (1.07k people) in Ferrum, VA than any other race or ethnicity. There were 412 Black or African American (Non-Hispanic) and 88 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.5%

2023 Citizenship

99.5%

2022 Citizenship

As of 2023, 99.5% of Ferrum, VA residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Ferrum, VA was 99.5%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Ferrum, VA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Ferrum, VA

White (Non-Hispanic)
1.07k ± 344
Black or African American (Non-Hispanic)
412 ± 111
Two+ (Non-Hispanic)
88 ± 73.2

2.84%

Hispanic Population

46 people

2.84% of the people in Ferrum, VA are hispanic (46 people).

The following chart shows the 7 races represented in Ferrum, VA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.

Most Common Origin

El Salvador
107,605 ± 8,003 people
India
98,735 ± 7,670 people
Mexico
59,855 ± 5,986 people

In 2022, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 107,605 Virginia residents, followed by India with 98,735 and Mexico with 59,855.

Foreign-Born Population

0.493%

2023 Foreign-Born Population

8 people

0.815%

2022 Foreign-Born Population

14 people

As of 2023, 0.493% of Ferrum, VA residents (8 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Ferrum, VA was 0.815%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Ferrum, VA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
18 ± 33
Vietnam
9 ± 24
Gulf War (1990s)
0 ± 18

Ferrum, VA has a large population of military personnel who served in Gulf War (2001-), 2 times greater than any other conflict.

Economy

The economy of Ferrum, VA employs 744 people. The largest industries in Ferrum, VA are Educational Services (240 people), Retail Trade (136 people), and Accommodation & Food Services (84 people), and the highest paying industries are Transportation & Warehousing, & Utilities ($23,594), Transportation & Warehousing ($23,594), and Retail Trade ($14,423).

Males in Virginia have an average income that is 1.33 times higher than the average income of females, which is $69,674. The income inequality in Virginia (measured using the Gini index) is 0.475, which is lower than than the national average.

Employment

Occupations

744

2023 Value

± 207

−9.16%

1 Year decline

± 45%

From 2022 to 2023, employment in Ferrum, VA declined at a rate of −9.16%, from 819 employees to 744 employees.

The most common job groups, by number of people living in Ferrum, VA, are Education Instruction, & Library Occupations (122 people), Sales & Related Occupations (109 people), and Food Preparation & Serving Related Occupations (71 people). This chart illustrates the share breakdown of the primary jobs held by residents of Ferrum, VA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Virginia (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

744

2023 Value

± 207

−9.16%

1 Year decline

± 45%

From 2022 to 2023, employment in Ferrum, VA declined at a rate of −9.16%, from 819 employees to 744 employees.

The most common employment sectors for those who live in Ferrum, VA, are Educational Services (240 people), Retail Trade (136 people), and Accommodation & Food Services (84 people). This chart shows the share breakdown of the primary industries for residents of Ferrum, VA, though some of these residents may live in Ferrum, VA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$9,009

Median earning men ± $16,995

$10,240

Median earning women ± $8,290

The industries with the best median earnings for men in 2023 are Retail Trade ($37,539), Transportation & Warehousing, & Utilities ($23,594), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($6,875).

The industries with the best median earnings for women in 2023 are Retail Trade ($13,045), Educational Services, & Health Care & Social Assistance ($11,442), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($6,029).

Employment by Industry Sector

Data is only available at the state level. Showing data for Virginia.

Y-Axis

2.48%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.1M people employed in Virginia. This represents a 2.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in Virginia.

Civics

In the 2024 presidential election, the popular vote in Virginia went to Kamala Harris with 51.8% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Other (0.905%).

Mark Warner and Tim Kaine are the senators currently representing the state of Virginia. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Virginia is currently represented by 11 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Ferrum, VA. Showing the available data for Virginia.

2024 Election Results

Kamala Harris (51.8%)
Democratic Party
Donald J. Trump (46.1%)
Republican Party
Other (0.905%)
Other Party

In the 2024 presidential election, the popular vote in Virginia went to Kamala Harris with 51.8% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Other (0.905%).

The following chart shows the popular vote results in Virginia for each registered party from 1976 to 2024.

Senator Elections

US Senators from Virginia

Senatorial voting results are only available at the state level. Showing data for Virginia.

Mark Warner

Senator from Virginia

Assumed office on January 3, 2009

Tim Kaine

Senator from Virginia

Assumed office on January 3, 2013

Mark Warner and Tim Kaine are the senators currently representing Virginia.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Virginia over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Virginia

Virginia is currently represented by 11 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Virginia have changed over time starting in 2008.

Education

In 2022, universities in Ferrum, VA awarded 170 degrees. The student population of Ferrum, VA in 2022 is skewed towards men, with 499 male students and 356 female students.

Most students graduating from Universities in Ferrum, VA are White (104 and 61.9%), followed by Black or African American (39 and 23.2%), Two or More Races (11 and 6.55%), and Hispanic or Latino (10 and 5.95%).

The largest universities in Ferrum, VA by number of degrees awarded are Ferrum College (232089) (170 and 100%).

The most popular majors in Ferrum, VA are Other Health Preparatory Programs (26 and 15.3%), Physical Education Teaching & Coaching (17 and 10%), and General Biological Sciences (13 and 7.65%).

The median tuition cost in Ferrum, VA for private four year colleges is $37,400.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2022 in Ferrum, VA, the percentage of applicants admitted was 84.3%, while the percentage of admitted who enrolled was 19.4%. The number of students enrolled in 2022 was 855 (58.4% men and 41.6% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2022 there were 855 students enrolled in Ferrum, VA, 58.4% men and 41.6% women.

By race, the largest number of students enrolled was concentrated in White with 425 records, of which 53.4% were women and 46.6% men.

Completions

Concentrations

Most Common

General Biological Sciences
13 degrees awarded
Other Health Preparatory Programs
26 degrees awarded
Physical Education Teaching & Coaching
17 degrees awarded

In 2022, the most common concentation for Bachelors Degree recipients in Ferrum, VA was General Biological Sciences with 13 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Ferrum, VA according to their major.

Universities

Gender

Race

Ferrum College (232089)

Largest Universities by degrees awarded

170 degrees awarded

In 2022, the institution with the largest number of graduating students was Ferrum College (232089) with 170 degrees awarded.

Student Diversity

University

In 2022, 68 men were awarded degrees from institutions in Ferrum, VA, which is 0.667 times less than the 102 female students who received degrees in the same year.

In 2022 the most common race/ethnicity group awarded degrees at institutions was White students. These 104 degrees mean that there were 2.67 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 39 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($37,400) is the sector with the highest median state tuition in 2022.

Private not-for-profit, 4-year or above ($920) is the sector with the highest median state fee in 2022.

Private not-for-profit, 4-year or above ($800) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Virginia.

Measure

In 2022, 0.884% of men over 25 years of age had not completed any academic degree (no schooling), while 0.904% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Virginia.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.71M), Bachelors Degree (1.47M), and Some college (1.4M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Ferrum, VA was $202,500 in 2023, which is 0.667 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $131,700 to $202,500, a 53.8% increase. The homeownership rate in Ferrum, VA is 64.9%, which is approximately the same as the national average of 65%.

People in Ferrum, VA have an average commute time of 24.6 minutes, and they drove alone to work. Car ownership in Ferrum, VA is higher than the national average, with an average of 3 cars per household.

Housing

Property

$202,500

Median Property Value 2023

±$104,558

$220

Median Property Taxes

±$124

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Ferrum, VA the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Ferrum, VA compared to it's parent and neighbor geographies.

Rent vs Own

64.9%

Homeownership

2023

82.9%

Homeowners with Mortgage

2023

In 2023, 64.9% of the housing units in Ferrum, VA were occupied by their owner. This percentage grew from the previous year's rate of 63.1%.

This chart shows the percentage of owner in Ferrum, VA compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Census Tract 206

Highest Median Household Income (Total)

The following map shows all of the places in Ferrum, VA colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$31,750

Median Household Income

± $18,897

339

Number of Households

± 147

In 2023, the median household income of the 339 households in Ferrum, VA declined from $31,750 from the previous year's value of $33,967.

The following chart displays the households in Ferrum, VA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $15k - $20k range.

Wage Distribution

The closest comparable wage GINI for Ferrum, VA is from Virginia.

0.475

2022 Wage GINI in Virginia

0.476

2021 Wage GINI in Virginia

In 2022, the income inequality in Virginia was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.164% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Virginia in comparison to the national average.

This chart shows the number of workers in Virginia across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (47.8%)
Walked (21.4%)
Worked At Home (19.8%)

In 2023, 47.8% of workers in Ferrum, VA drove alone to work, followed by those who walked to work (21.4%) and those who worked at home (19.8%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.6 minutes

Average Travel Time

Using averages, employees in Ferrum, VA have a shorter commute time (24.6 minutes) than the normal US worker (26.6 minutes). Additionally, 4.05% of the workforce in Ferrum, VA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Ferrum, VA compares to that of it's neighboring and parent geographies.

Car Ownership

3 cars

Average Number

The following chart displays the households in Ferrum, VA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Ferrum, VA have 3 cars.

Poverty

Poverty & Diversity

35.1% of the population for whom poverty status is determined in Ferrum, VA (257 out of 733 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Males 55 - 64, followed by Females 55 - 64 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Ferrum, VA is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.8% of the population of Ferrum, VA has health coverage, with 54.6% on employee plans, 18.6% on Medicaid, 5.36% on Medicare, 11.6% on non-group plans, and 8.57% on military or VA plans.

Primary care physicians in Franklin County, VA see 2553 patients per year on average, which represents a 0.236% increase from the previous year (2547 patients). Compare this to dentists who see 6104 patients per year, and mental health providers who see 1099 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Franklin County, VA.

2,553 to 1

Patient to Primary Care Physician Ratio in Franklin County, VA

Primary care physicians in Franklin County, VA see an average of 2,553 patients per year. This represents a 0.236% increase from the previous year (2,547 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Franklin County, VA in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 17.2% under 18 years, 57.8% between 18 and 34 years, 18.2% between 35 and 64 years, and 6.78% over 64 years.

By gender, of the total number of insured persons, 56% were men and 44% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.23%

Uninsured

54.6%

Employer Coverage

18.6%

Medicaid

5.36%

Medicare

11.6%

Non-Group

8.57%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Ferrum, VA declined by 42.8% from 2.15% to 1.23%.

The following chart shows how the percent of uninsured individuals in Ferrum, VA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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