Ferrum, VA

Census Place

Add Comparison

2024 Population

1,774

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2024 Median Age

21.8

1.4% 1-year increase

2024 Poverty Rate

37.1%

5.89% 1-year increase

2024 Median Household Income

$40,435

27.4% 1-year growth

2024 Median Property Value

$188,900

6.72% 1-year decline

2024 Employed Population

777

4.44% 1-year growth

About

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.

99.9% of the residents in Ferrum, VA are U.S. citizens.

The largest universities in Ferrum, VA are Ferrum College (191 degrees awarded in 2023).

In 2024, the median property value in Ferrum, VA was $188,900, and the homeownership rate was 69.5%.

Most people in Ferrum, VA drove alone to work, and the average commute time was 23.5 minutes. The average car ownership in Ferrum, VA was 2 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 1.77k people, from which 99.9% are citizens. As of 2024, 0.62% of Ferrum, VA residents were born outside of the country (11 people).

In 2024, there were 4.02 times more White (Non-Hispanic) residents (1.34k people) in Ferrum, VA than any other race or ethnicity. There were 332 Black or African American (Non-Hispanic) and 70 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.9%

2024 Citizenship

99.5%

2023 Citizenship

As of 2024, 99.9% of Ferrum, VA residents were US citizens, which is higher than the national average of 93.2%. In 2023, 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)
1.34k ± 382
Black or African American (Non-Hispanic)
332 ± 123
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
70 ± 56

1.86%

Hispanic Population

33 people

1.86% of the people in Ferrum, VA are hispanic (33 people).

The following chart shows the 8 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
107,827 ± 8,012 people
India
97,961 ± 7,641 people
Mexico
63,695 ± 6,173 people

In 2023, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 107,827 Virginia residents, followed by India with 97,961 and Mexico with 63,695.

Foreign-Born Population

0.62%

2024 Foreign-Born Population

11 people

0.493%

2023 Foreign-Born Population

8 people

As of 2024, 0.62% of Ferrum, VA residents (11 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Ferrum, VA was 0.493%, meaning that the rate has been increasing.

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-)
22 ± 38
Vietnam
10 ± 24

Ferrum, VA has a large population of military personnel who served in Gulf War (2001-), 2.2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Ferrum, VA.

Economy

The economy of Ferrum, VA employs 777 people. In 2024, the largest industries in Ferrum, VA were Educational Services (229 people), Retail Trade (129 people), and Accommodation & Food Services (72 people), and the highest paying industries were Construction ($93,482), Manufacturing ($30,761), and Retail Trade ($27,989).

Employment

Occupations

777

2024 Value

± 194

4.44%

1 Year growth

± 35.8%

From 2023 to 2024, employment in Ferrum, VA grew at a rate of 4.44%, from 744 employees to 777 employees.

The most common job groups, by number of people living in Ferrum, VA, are Sales & Related Occupations (160 people), Education Instruction, & Library Occupations (74 people), and Food Preparation & Serving Related Occupations (66 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 Virginia.

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.

Industries

Employment by Industries

777

2024 Value

± 194

4.44%

1 Year growth

± 35.8%

From 2023 to 2024, employment in Ferrum, VA grew at a rate of 4.44%, from 744 employees to 777 employees.

The most common employment sectors for those who live in Ferrum, VA, are Educational Services (229 people), Retail Trade (129 people), and Accommodation & Food Services (72 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

$24,659

Median earning men ± $26,232

$10,273

Median earning women ± $8,085

The industries with the best median earnings for men in 2024 are Construction ($93,482), Retail Trade ($40,326), and Manufacturing ($30,761).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($36,375), Professional, Scientific, & Management, & Administrative & Waste Management Services ($10,000), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($6,215).

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.

Education

In 2023, universities in Ferrum, VA awarded 191 degrees. The student population of Ferrum, VA in 2023 is skewed towards men, with 472 male students and 295 female students.

Most students graduating from Universities in Ferrum, VA are White (123 and 65.4%), Black or African American (30 and 16%), Two or More Races (14 and 7.45%), and Hispanic or Latino (13 and 6.91%).

The largest universities in Ferrum, VA by number of degrees awarded are Ferrum College (191 and 100%).

The most popular majors in Ferrum, VA are Physical Education Teaching & Coaching (23 and 12%), General Studies (16 and 8.38%), and Other Health Preparatory Programs (14 and 7.33%).

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

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2023 in Ferrum, VA, the percentage of applicants admitted was 100%, while the percentage of admitted who enrolled was 16.3%. The number of students enrolled in 2023 was 767 (61.5% men and 38.5% 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 2023 there were 767 students enrolled in Ferrum, VA, 61.5% men and 38.5% women.

By race, the largest number of students enrolled was concentrated in White with 368 records, of which 46.7% were women and 53.3% men.

Completions

Concentrations

Most Common

Other Health Preparatory Programs
14 degrees awarded
Physical Education Teaching & Coaching
21 degrees awarded
General Studies
16 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Ferrum, VA was Other Health Preparatory Programs with 14 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

Largest Universities by degrees awarded

191 degrees awarded

In 2023, the institution with the largest number of graduating students was Ferrum College with 191 degrees awarded.

Student Diversity

University

In 2023, 94 men were awarded degrees from institutions in Ferrum, VA, which is 0.969 times less than the 97 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 123 degrees mean that there were 4.1 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 30 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 2023.

Private not-for-profit, 4-year or above ($920) is the sector with the highest median state fee in 2023.

Private not-for-profit, 4-year or above ($1,000) is the sector with the highest average net price of books and supplies.

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

Housing & Living

The median property value in Ferrum, VA was $188,900 in 2024, which is 0.568 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $202,500 to $188,900, a 6.72% decrease. The homeownership rate in Ferrum, VA is 69.5%, which is higher than the national average of 65.2%.

People in Ferrum, VA have an average commute time of 23.5 minutes, and they drove alone to work. Car ownership in Ferrum, VA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$188,900

Median Property Value 2024

±$90,574

$282

Median Property Taxes

±$125

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 - $1,499 range.

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

Rent vs Own

69.5%

Homeownership

2024

68.2%

Homeowners with Mortgage

2024

In 2024, 69.5% of the housing units in Ferrum, VA were occupied by their owner. This percentage grew from the previous year's rate of 64.9%.

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

Equity

Household Income

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

$40,435

Median Household Income

± $19,996

406

Number of Households

± 150

In 2024, the median household income of the 406 households in Ferrum, VA grew to $40,435 from the previous year's value of $31,750.

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.

0.472

2023 Wage GINI in Virginia

0.475

2022 Wage GINI in Virginia

In 2023, the income inequality in Virginia was 0.472 according to the GINI calculation of the wage distribution. Income inequality had a 0.599% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.476. 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 2024

Drove Alone (46.5%)
Worked At Home (23.1%)
Walked (18%)

In 2024, 46.5% of workers in Ferrum, VA drove alone to work, followed by those who worked at home (23.1%) and those who walked to work (18%).

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

23.5 minutes

Average Travel Time

Using averages, employees in Ferrum, VA have a shorter commute time (23.5 minutes) than the normal US worker (26.4 minutes). Additionally, 3.42% 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

2 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 2 cars.

Poverty

Poverty & Diversity

37.1% of the population for whom poverty status is determined in Ferrum, VA (359 out of 967 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 55 - 64 and then Males 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

97.2% of the population of Ferrum, VA has health coverage, with 49.9% on employee plans, 25.4% on Medicaid, 5.47% on Medicare, 8.23% on non-group plans, and 8.12% on military or VA plans.

Primary care physicians in Virginia see 1,341 patients per year on average, which represents a 0% change from the previous year (1,341 patients). Compare this to dentists who see 1329 patients per year, and mental health providers who see 379 patients per year.

By gender, of the total number of insured persons, 52.4% were men and 47.6% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 21.6% under 18 years, 49.3% between 18 and 34 years, 21.9% between 35 and 64 years, and 7.16% over 64 years.

By gender, of the total number of insured persons, 52.4% were men and 47.6% were women.

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

Uninsured People

2.82%

Uninsured

49.9%

Employer Coverage

25.4%

Medicaid

5.47%

Medicare

8.23%

Non-Group

8.12%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Ferrum, VA grew by 129% from 1.23% to 2.82%.

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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