Ferrum, VA

Ferrum Map

Ferrum Map

Ferrum Overview

1,717
TOTAL POPULATION
848
MALE POPULATION
869
FEMALE POPULATION
97.58
MALES / 100 FEMALES
102.48
FEMALES / 100 MALES
21.3
MEDIAN AGE
2.6
AVG FAMILY SIZE
1.9
AVG HOUSEHOLD SIZE
$13,150
PER CAPITA INCOME
$47,120
AVG FAMILY INCOME
$33,967
AVG HOUSEHOLD INCOME
8.1%
WAGE / INCOME GAP [ % ]
91.9¢/ $1
WAGE / INCOME GAP [ $ ]
0.53
INEQUALITY / GINI INDEX
876
LABOR FORCE [ PEOPLE ]
54.6%
PERCENT IN LABOR FORCE
6.5%
UNEMPLOYMENT RATE

Ferrum Zip Codes

Ferrum Area Codes

Race in Ferrum

The most populous races in Ferrum are White / Caucasian (1,171 | 68.2%), Black / African American (455 | 26.5%), and Hispanic or Latino (96 | 5.6%).
Race in Ferrum
Race# Population% Population
Asian00.0%
Black / African American45526.5%
Hawaiian / Pacific20.1%
Hispanic or Latino965.6%
Native / Alaskan00.0%
White / Caucasian1,17168.2%
Two or more Races603.5%
Some other Race291.7%
Total1,717100.0%

Ancestry in Ferrum

The most populous ancestries reported in Ferrum are American (375 | 21.8%), English (147 | 8.6%), Scottish (74 | 4.3%), German (52 | 3.0%), and Welsh (50 | 2.9%), together accounting for 40.6% of all Ferrum residents.
Ancestry in Ferrum
Ancestry# Population% Population
African80.5%
American37521.8%
Arab80.5%
Bhutanese30.2%
British211.2%
Cuban20.1%
Eastern European110.6%
English1478.6%
French100.6%
German523.0%
Irish392.3%
Mexican311.8%
Native Hawaiian20.1%
Palestinian80.5%
Polish392.3%
Puerto Rican311.8%
Scottish744.3%
Subsaharan African80.5%
Swiss130.8%
Welsh502.9%
View All 20 Rows

Immigrants in Ferrum

The most numerous immigrant groups reported in Ferrum came from Asia (9 | 0.5%), Malaysia (9 | 0.5%), South Eastern Asia (9 | 0.5%), Africa (5 | 0.3%), and Eastern Africa (5 | 0.3%), together accounting for 2.1% of all Ferrum residents.
Immigrants in Ferrum
Immigration Origin# Population% Population
Africa50.3%
Asia90.5%
Eastern Africa50.3%
Ethiopia50.3%
Malaysia90.5%
South Eastern Asia90.5%
View All 6 Rows

Sex and Age in Ferrum

Sex and Age in Ferrum

The most populous age groups in Ferrum are 20 to 24 Years (317 | 37.4%) for men and 15 to 19 Years (288 | 33.1%) for women.
Sex and Age in Ferrum
Age BracketMaleFemale
Under 5 Years5 (0.6%)32 (3.7%)
5 to 9 Years0 (0.0%)60 (6.9%)
10 to 14 Years10 (1.2%)0 (0.0%)
15 to 19 Years202 (23.8%)288 (33.1%)
20 to 24 Years317 (37.4%)254 (29.2%)
25 to 29 Years55 (6.5%)0 (0.0%)
30 to 34 Years23 (2.7%)12 (1.4%)
35 to 39 Years0 (0.0%)6 (0.7%)
40 to 44 Years6 (0.7%)11 (1.3%)
45 to 49 Years23 (2.7%)19 (2.2%)
50 to 54 Years36 (4.3%)13 (1.5%)
55 to 59 Years12 (1.4%)72 (8.3%)
60 to 64 Years124 (14.6%)12 (1.4%)
65 to 69 Years24 (2.8%)58 (6.7%)
70 to 74 Years3 (0.4%)15 (1.7%)
75 to 79 Years8 (0.9%)0 (0.0%)
80 to 84 Years0 (0.0%)0 (0.0%)
85 Years and over0 (0.0%)17 (2.0%)
Total848 (100.0%)869 (100.0%)

Families and Households in Ferrum

Median Family Size in Ferrum

Median Family Size in Ferrum
Family Type# FamiliesFamily Size
Married-Couple191 (91.4%)2.70
Single Male/Father0 (0.0%)-
Single Female/Mother18 (8.6%)2.06
Total Families209 (100.0%)2.65

Median Household Size in Ferrum

Median Household Size in Ferrum
Household Type# HouseholdsHousehold Size
Married-Couple191 (50.7%)2.70
Single Male/Father0 (0.0%)-
Single Female/Mother18 (4.8%)2.06
Non-family168 (44.6%)-
Total Households377 (100.0%)1.91

Household Size by Marriage Status in Ferrum

Out of a total of 377 households in Ferrum, 209 (55.4%) are family households, while 168 (44.6%) are nonfamily households. The most numerous type of family households are 2-person households, comprising 92, and the most common type of nonfamily households are 1-person households, comprising 168.
Household Size by Marriage Status in Ferrum
Household SizeFamily HouseholdsNonfamily Households
1-Person Households-168 (44.6%)
2-Person Households92 (24.4%)0 (0.0%)
3-Person Households52 (13.8%)0 (0.0%)
4-Person Households65 (17.2%)0 (0.0%)
5-Person Households0 (0.0%)0 (0.0%)
6-Person Households0 (0.0%)0 (0.0%)
7+ Person Households0 (0.0%)0 (0.0%)
Total209 (55.4%)168 (44.6%)

Female Fertility in Ferrum

Fertility by Age in Ferrum

Female Fertility by Age in Ferrum
Age BracketWomen with BirthsBirths / 1,000 Women
15 to 19 years0 (0.0%)0.0
20 to 34 years0 (0.0%)0.0
35 to 50 years0 (0.0%)0.0
Total0 (0.0%)0.0

Fertility by Age by Marriage Status in Ferrum

Female Fertility by Age by Marriage Status in Ferrum
Age BracketMarriedUnmarried
15 to 19 years0 (0.0%)0 (0.0%)
20 to 34 years0 (0.0%)0 (0.0%)
35 to 50 years0 (0.0%)0 (0.0%)
Total0 (0.0%)0 (0.0%)

Fertility by Education in Ferrum

Female Fertility by Education Attainment in Ferrum
Educational AttainmentWomen with BirthsBirths / 1,000 Women
Less than High School0 (0.0%)0.0
High School Diploma0 (0.0%)0.0
College or Associate's Degree0 (0.0%)0.0
Bachelor's Degree0 (0.0%)0.0
Graduate Degree0 (0.0%)0.0
Total0 (0.0%)0.0

Fertility by Education by Marriage Status in Ferrum

Female Fertility by Education by Marriage Status in Ferrum
Educational AttainmentMarriedUnmarried
Less than High School0 (0.0%)0 (0.0%)
High School Diploma0 (0.0%)0 (0.0%)
College or Associate's Degree0 (0.0%)0 (0.0%)
Bachelor's Degree0 (0.0%)0 (0.0%)
Graduate Degree0 (0.0%)0 (0.0%)
Total0 (0.0%)0 (0.0%)

Income in Ferrum

Income Overview in Ferrum

Per Capita Income in Ferrum is $13,150, while median incomes of families and households are $47,120 and $33,967 respectively.
CharacteristicNumberMeasure
Per Capita Income1,717$13,150
Median Family Income209$47,120
Mean Family Income209$68,389
Median Household Income377$33,967
Mean Household Income377$45,780
Income Deficit209$0
Wage / Income Gap (%)1,7178.15%
Wage / Income Gap ($)1,71791.85¢ per $1
Gini / Inequality Index1,7170.53

Earnings by Sex in Ferrum

Average Earnings in Ferrum are $6,250, $6,675 for men and $6,131 for women, a difference of 8.2%.
Earnings by Sex in Ferrum
SexNumberAverage Earnings
Male513 (46.6%)$6,675
Female587 (53.4%)$6,131
Total1,100 (100.0%)$6,250

Earnings by Sex by Income Bracket in Ferrum

The most common earnings brackets in Ferrum are $2,499 or less for men (148 | 28.8%) and $5,000 to $7,499 for women (178 | 30.3%).
Earnings by Sex by Income Bracket in Ferrum
IncomeMaleFemale
$2,499 or less148 (28.8%)169 (28.8%)
$2,500 to $4,99975 (14.6%)44 (7.5%)
$5,000 to $7,49950 (9.8%)178 (30.3%)
$7,500 to $9,99923 (4.5%)8 (1.4%)
$10,000 to $12,4990 (0.0%)42 (7.2%)
$12,500 to $14,9997 (1.4%)46 (7.8%)
$15,000 to $17,49926 (5.1%)24 (4.1%)
$17,500 to $19,9997 (1.4%)16 (2.7%)
$20,000 to $22,4993 (0.6%)6 (1.0%)
$22,500 to $24,99923 (4.5%)0 (0.0%)
$25,000 to $29,99935 (6.8%)0 (0.0%)
$30,000 to $34,9996 (1.2%)0 (0.0%)
$35,000 to $39,99975 (14.6%)0 (0.0%)
$40,000 to $44,9990 (0.0%)0 (0.0%)
$45,000 to $49,9998 (1.6%)18 (3.1%)
$50,000 to $54,9990 (0.0%)0 (0.0%)
$55,000 to $64,9990 (0.0%)0 (0.0%)
$65,000 to $74,99914 (2.7%)13 (2.2%)
$75,000 to $99,99913 (2.5%)12 (2.0%)
$100,000+0 (0.0%)11 (1.9%)
Total513 (100.0%)587 (100.0%)

Earnings by Sex by Educational Attainment in Ferrum

Earnings by Sex by Educational Attainment in Ferrum
Educational AttainmentMale IncomeFemale Income
Less than High School--
High School Diploma--
College or Associate's Degree--
Bachelor's Degree--
Graduate Degree--
Total$26,574$49,375

Family Income in Ferrum

Family Income Brackets in Ferrum

According to the Ferrum family income data, there are 55 families falling into the $15,000 to $24,999 income range, which is the most common income bracket and makes up 26.3% of all families.
Family Income Brackets in Ferrum
Income Bracket# Families% Families
Less than $10,00000.0%
$10,000 to $14,99973.3%
$15,000 to $24,9995526.3%
$25,000 to $34,9992311.0%
$35,000 to $49,9992311.0%
$50,000 to $74,999199.1%
$75,000 to $99,9994421.1%
$100,000 to $149,9992512.0%
$150,000 to $199,99900.0%
$200,000+136.2%

Family Income by Famaliy Size in Ferrum

2-person families (92 | 44.0%) account for the highest median family income in Ferrum with $98,333 per family, while 2-person families (92 | 44.0%) have the highest median income of $49,166 per family member.
Family Income by Famaliy Size in Ferrum
Income Bracket# FamiliesMedian Income
2-Person Families92 (44.0%)$98,333
3-Person Families52 (24.9%)$45,326
4-Person Families65 (31.1%)$18,726
5-Person Families0 (0.0%)$0
6-Person Families0 (0.0%)$0
7+ Person Families0 (0.0%)$0
Total209 (100.0%)$47,120

Family Income by Number of Earners in Ferrum

Family Income by Number of Earners in Ferrum
Number of Earners# FamiliesMedian Income
No Earners69 (33.0%)$18,750
1 Earner78 (37.3%)$86,071
2 Earners56 (26.8%)$0
3+ Earners6 (2.9%)$0
Total209 (100.0%)$47,120

Household Income in Ferrum

Household Income Brackets in Ferrum

With 93 households falling in the category, the $15,000 to $24,999 income range is the most frequent in Ferrum, accounting for 24.7% of all households.
Household Income Brackets in Ferrum
Income Bracket# Households% Households
Less than $10,0007519.9%
$10,000 to $14,99971.9%
$15,000 to $24,9999324.7%
$25,000 to $34,999236.1%
$35,000 to $49,9997820.7%
$50,000 to $74,999195.0%
$75,000 to $99,9994411.7%
$100,000 to $149,999256.6%
$150,000 to $199,99900.0%
$200,000+133.4%

Household Income by Householder Age in Ferrum

The median household income in Ferrum is $33,967, with the highest median household income of $83,333 found in the 25 to 44 years age bracket for the primary householder. A total of 30 households (8.0%) fall into this category. Meanwhile, the 15 to 24 years age bracket for the primary householder has the lowest median household income of $0, with 68 households (18.0%) in this group.
Household Income by Householder Age in Ferrum
Income Bracket# HouseholdsMedian Income
15 to 24 Years68 (18.0%)$0
25 to 44 Years30 (8.0%)$83,333
45 to 64 Years197 (52.2%)$19,880
65+ Years82 (21.7%)$0
Total377 (100.0%)$33,967

Poverty in Ferrum

Income Below Poverty by Sex and Age in Ferrum

With 33.0% poverty level for males and 43.1% for females among the residents of Ferrum, under 5 year old males and 5 year old females are the most vulnerable to poverty, with 5 males (100.0%) and 20 females (100.0%) in their respective age groups living below the poverty level.
Income Below Poverty by Sex and Age in Ferrum
Age BracketMaleFemale
Under 5 Years5 (100.0%)6 (18.8%)
5 Years0 (0.0%)20 (100.0%)
6 to 11 Years0 (0.0%)40 (100.0%)
12 to 14 Years0 (0.0%)0 (0.0%)
15 Years0 (0.0%)0 (0.0%)
16 and 17 Years0 (0.0%)0 (0.0%)
18 to 24 Years0 (0.0%)0 (0.0%)
25 to 34 Years7 (17.9%)6 (50.0%)
35 to 44 Years0 (0.0%)0 (0.0%)
45 to 54 Years0 (0.0%)0 (0.0%)
55 to 64 Years111 (81.6%)52 (61.9%)
65 to 74 Years0 (0.0%)9 (12.3%)
75 Years and over0 (0.0%)17 (100.0%)
Total123 (33.0%)150 (43.1%)

Income Above Poverty by Sex and Age in Ferrum

According to the poverty statistics in Ferrum, males aged 6 to 11 years and females aged 18 to 24 years are the age groups that are most secure financially, with 100.0% of males and 100.0% of females in these age groups living above the poverty line.
Income Above Poverty by Sex and Age in Ferrum
Age BracketMaleFemale
Under 5 Years0 (0.0%)26 (81.2%)
5 Years0 (0.0%)0 (0.0%)
6 to 11 Years10 (100.0%)0 (0.0%)
12 to 14 Years0 (0.0%)0 (0.0%)
15 Years6 (100.0%)0 (0.0%)
16 and 17 Years0 (0.0%)0 (0.0%)
18 to 24 Years77 (100.0%)21 (100.0%)
25 to 34 Years32 (82.1%)6 (50.0%)
35 to 44 Years6 (100.0%)17 (100.0%)
45 to 54 Years59 (100.0%)32 (100.0%)
55 to 64 Years25 (18.4%)32 (38.1%)
65 to 74 Years27 (100.0%)64 (87.7%)
75 Years and over8 (100.0%)0 (0.0%)
Total250 (67.0%)198 (56.9%)

Income Below Poverty Among Married-Couple Families in Ferrum

The poverty statistics for married-couple families in Ferrum show that 30.9% or 59 of the total 191 families live below the poverty line. Families with 1 or 2 children have the highest poverty rate of 62.8%, comprising of 59 families. On the other hand, families with no children have the lowest poverty rate of 0.0%, which includes 0 families.
Income Below Poverty Among Married-Couple Families in Ferrum
ChildrenAbove PovertyBelow Poverty
No Children97 (100.0%)0 (0.0%)
1 or 2 Children35 (37.2%)59 (62.8%)
3 or 4 Children0 (0.0%)0 (0.0%)
5 or more Children0 (0.0%)0 (0.0%)
Total132 (69.1%)59 (30.9%)

Income Below Poverty Among Single-Parent Households in Ferrum

Income Below Poverty Among Single-Parent Households in Ferrum
ChildrenSingle FatherSingle Mother
No Children0 (0.0%)0 (0.0%)
1 or 2 Children0 (0.0%)0 (0.0%)
3 or 4 Children0 (0.0%)0 (0.0%)
5 or more Children0 (0.0%)0 (0.0%)
Total0 (0.0%)0 (0.0%)

Income Below Poverty Among Married-Couple vs Single-Parent Households in Ferrum

Income Below Poverty Among Married-Couple vs Single-Parent Households in Ferrum
ChildrenMarried-Couple FamiliesSingle-Parent Households
No Children0 (0.0%)0 (0.0%)
1 or 2 Children59 (62.8%)0 (0.0%)
3 or 4 Children0 (0.0%)0 (0.0%)
5 or more Children0 (0.0%)0 (0.0%)
Total59 (30.9%)0 (0.0%)

Employment Characteristics in Ferrum

Employment by Class of Employer in Ferrum

Among the 775 employed individuals in Ferrum, private company employees (492 | 63.5%), state government employees (95 | 12.3%), and local government employees (80 | 10.3%) make up the most common classes of employment.
Employment by Class of Employer in Ferrum
Employer Class# Employees% Employees
Private Company Employees49263.5%
Self-Employed (Incorporated)192.5%
Self-Employed (Not Incorporated)212.7%
Not-for-profit Organizations688.8%
Local Government Employees8010.3%
State Government Employees9512.3%
Federal Government Employees00.0%
Unpaid Family Workers00.0%
Total775100.0%

Employment Status by Age in Ferrum

According to the labor force statistics for Ferrum, out of the total population over 16 years of age (1,604), 54.6% or 876 individuals are in the labor force, with 6.5% or 57 of them unemployed. The age group with the highest labor force participation rate is 25 to 29 years, with 100.0% or 55 individuals in the labor force. Within the labor force, the 55 to 59 years age range has the highest percentage of unemployed individuals, with 37.5% or 12 of them being unemployed.
Employment Status by Age in Ferrum
Age BracketIn Labor ForceUnemployed
16 to 19 Years218 (45.0%)35 (16.1%)
20 to 24 Years446 (78.1%)4 (0.9%)
25 to 29 Years55 (100.0%)0 (0.0%)
30 to 34 Years19 (54.3%)6 (31.6%)
35 to 44 Years23 (100.0%)0 (0.0%)
45 to 54 Years27 (29.7%)0 (0.0%)
55 to 59 Years32 (38.1%)12 (37.5%)
60 to 64 Years25 (18.4%)0 (0.0%)
65 to 74 Years23 (23.0%)0 (0.0%)
75 Years and over8 (32.0%)0 (0.0%)
Total876 (54.6%)57 (6.5%)

Employment Status by Educational Attainment in Ferrum

According to labor force statistics for Ferrum, 42.7% of individuals (181) out of the total population between 25 and 64 years of age (424) are in the labor force, with 9.9% or 18 of them being unemployed. The group with the highest labor force participation rate are those with the educational attainment of bachelor's degree or higher, with 100.0% or 102 individuals in the labor force. Within the labor force, individuals with high school diploma education have the highest percentage of unemployment, with 100.0% or 6 of them being unemployed.
Employment Status by Educational Attainment in Ferrum
Educational AttainmentIn Labor ForceUnemployed
Less than High School0 (0.0%)0 (0.0%)
High School Diploma6 (7.1%)84 (100.0%)
College / Associate Degree73 (58.9%)20 (16.4%)
Bachelor's Degree or higher102 (100.0%)0 (0.0%)
Total181 (42.7%)42 (9.9%)

Employment Occupations by Sex in Ferrum

Management, Business, Science and Arts Occupations

The most common Management, Business, Science and Arts occupations in Ferrum are Community & Social Service (133 | 16.2%), Education Instruction & Library (92 | 11.2%), Management (49 | 6.0%), Arts, Media & Entertainment (31 | 3.8%), and Business & Financial (21 | 2.6%).
Management, Business, Science and Arts Occupations in Ferrum

Management, Business, Science and Arts Occupations by Sex

Within the Management, Business, Science and Arts occupations in Ferrum, the most male-oriented occupations are Business & Financial (100.0%), Health Diagnosing & Treating (100.0%), and Education, Arts & Media (80.0%), while the most female-oriented occupations are Arts, Media & Entertainment (100.0%), Community & Social Service (69.9%), and Education Instruction & Library (65.2%).
Management, Business, Science and Arts Occupations by Sex in Ferrum
OccupationMaleFemale
Management37 (75.5%)12 (24.5%)
Business & Financial21 (100.0%)0 (0.0%)
Computers, Engineering & Science15 (71.4%)6 (28.6%)
Computers & Mathematics15 (71.4%)6 (28.6%)
Architecture & Engineering0 (0.0%)0 (0.0%)
Life, Physical & Social Science0 (0.0%)0 (0.0%)
Community & Social Service 40 (30.1%)93 (69.9%)
Education, Arts & Media8 (80.0%)2 (20.0%)
Legal Services & Support0 (0.0%)0 (0.0%)
Education Instruction & Library32 (34.8%)60 (65.2%)
Arts, Media & Entertainment0 (0.0%)31 (100.0%)
Health Diagnosing & Treating16 (100.0%)0 (0.0%)
Health Technologists0 (0.0%)0 (0.0%)
Total (Category)129 (53.7%)111 (46.3%)
Total (Overall)408 (49.8%)411 (50.2%)

Services Occupations

The most common Services occupations in Ferrum are Personal Care & Service (109 | 13.3%), Cleaning & Maintenance (81 | 9.9%), Food Preparation & Serving (72 | 8.8%), Healthcare Support (11 | 1.3%), and Security & Protection (7 | 0.9%).
Services Occupations in Ferrum

Services Occupations by Sex

Within the Services occupations in Ferrum, the most male-oriented occupations are Security & Protection (100.0%), Firefighting & Prevention (100.0%), and Food Preparation & Serving (43.1%), while the most female-oriented occupations are Healthcare Support (100.0%), Personal Care & Service (85.3%), and Cleaning & Maintenance (60.5%).
Services Occupations by Sex in Ferrum
OccupationMaleFemale
Healthcare Support0 (0.0%)11 (100.0%)
Security & Protection7 (100.0%)0 (0.0%)
Firefighting & Prevention7 (100.0%)0 (0.0%)
Law Enforcement0 (0.0%)0 (0.0%)
Food Preparation & Serving31 (43.1%)41 (56.9%)
Cleaning & Maintenance32 (39.5%)49 (60.5%)
Personal Care & Service16 (14.7%)93 (85.3%)
Total (Category)86 (30.7%)194 (69.3%)
Total (Overall)408 (49.8%)411 (50.2%)

Sales and Office Occupations

The most common Sales and Office occupations in Ferrum are Sales & Related (137 | 16.7%), and Office & Administration (88 | 10.7%).
Sales and Office Occupations in Ferrum

Sales and Office Occupations by Sex

Sales and Office Occupations by Sex in Ferrum
OccupationMaleFemale
Sales & Related108 (78.8%)29 (21.2%)
Office & Administration18 (20.4%)70 (79.5%)
Total (Category)126 (56.0%)99 (44.0%)
Total (Overall)408 (49.8%)411 (50.2%)

Natural Resources, Construction and Maintenance Occupations

The most common Natural Resources, Construction and Maintenance occupations in Ferrum are Construction & Extraction (23 | 2.8%), and Installation, Maintenance & Repair (7 | 0.9%).
Natural Resources, Construction and Maintenance Occupations in Ferrum

Natural Resources, Construction and Maintenance Occupations by Sex

Natural Resources, Construction and Maintenance Occupations by Sex in Ferrum
OccupationMaleFemale
Farming, Fishing & Forestry0 (0.0%)0 (0.0%)
Construction & Extraction23 (100.0%)0 (0.0%)
Installation, Maintenance & Repair7 (100.0%)0 (0.0%)
Total (Category)30 (100.0%)0 (0.0%)
Total (Overall)408 (49.8%)411 (50.2%)

Production, Transportation and Moving Occupations

The most common Production, Transportation and Moving occupations in Ferrum are Material Moving (25 | 3.0%), Transportation (13 | 1.6%), and Production (6 | 0.7%).
Production, Transportation and Moving Occupations in Ferrum

Production, Transportation and Moving Occupations by Sex

Production, Transportation and Moving Occupations by Sex in Ferrum
OccupationMaleFemale
Production6 (100.0%)0 (0.0%)
Transportation13 (100.0%)0 (0.0%)
Material Moving18 (72.0%)7 (28.0%)
Total (Category)37 (84.1%)7 (15.9%)
Total (Overall)408 (49.8%)411 (50.2%)

Employment Industries by Sex in Ferrum

Employment Industries in Ferrum

The major employment industries in Ferrum include Educational Services (268 | 32.7%), Retail Trade (137 | 16.7%), Accommodation & Food Services (123 | 15.0%), Professional & Scientific (57 | 7.0%), and Arts, Entertainment & Recreation (52 | 6.4%).
Employment Industries in Ferrum

Employment Industries by Sex in Ferrum

The Ferrum industries that see more men than women are Agriculture, Fishing & Hunting (100.0%), Construction (100.0%), and Manufacturing (100.0%), whereas the industries that tend to have a higher number of women are Finance & Insurance (100.0%), Public Administration (100.0%), and Administrative & Support (77.8%).
Employment Industries by Sex in Ferrum
IndustryMaleFemale
Agriculture, Fishing & Hunting7 (100.0%)0 (0.0%)
Mining, Quarrying, & Extraction0 (0.0%)0 (0.0%)
Construction23 (100.0%)0 (0.0%)
Manufacturing35 (100.0%)0 (0.0%)
Wholesale Trade0 (0.0%)0 (0.0%)
Retail Trade77 (56.2%)60 (43.8%)
Transportation & Warehousing21 (100.0%)0 (0.0%)
Utilities0 (0.0%)0 (0.0%)
Information3 (100.0%)0 (0.0%)
Finance & Insurance0 (0.0%)6 (100.0%)
Real Estate, Rental & Leasing0 (0.0%)0 (0.0%)
Professional & Scientific19 (33.3%)38 (66.7%)
Enterprise Management7 (100.0%)0 (0.0%)
Administrative & Support6 (22.2%)21 (77.8%)
Educational Services125 (46.6%)143 (53.4%)
Health Care & Social Assistance16 (59.3%)11 (40.7%)
Arts, Entertainment & Recreation21 (40.4%)31 (59.6%)
Accommodation & Food Services40 (32.5%)83 (67.5%)
Public Administration0 (0.0%)8 (100.0%)
Total408 (49.8%)411 (50.2%)

Education in Ferrum

School Enrollment in Ferrum

The most common levels of schooling among the 1,072 students in Ferrum are college / undergraduate (969 | 90.4%), elementary school (40 | 3.7%), and graduate / professional (27 | 2.5%).
School Enrollment in Ferrum
School Level# Students% Students
Nursery / Preschool00.0%
Kindergarten201.9%
Elementary School403.7%
Middle School100.9%
High School60.6%
College / Undergraduate96990.4%
Graduate / Professional272.5%
Total1,072100.0%

School Enrollment by Age by Funding Source in Ferrum

Out of a total of 1,072 students who are enrolled in schools in Ferrum, 601 (56.1%) attend a private institution, while the remaining 471 (43.9%) are enrolled in public schools. The age group of 20 to 24 year olds has the highest likelihood of being enrolled in private schools, with 313 (64.9% in the age bracket) enrolled. Conversely, the age group of 5 to 9 year old has the lowest likelihood of being enrolled in a private school, with 60 (100.0% in the age bracket) attending a public institution.
School Enrollment by Age by Funding Source in Ferrum
Age BracketPublic SchoolPrivate School
3 to 4 Year Olds0 (0.0%)0 (0.0%)
5 to 9 Year Old60 (100.0%)0 (0.0%)
10 to 14 Year Olds10 (100.0%)0 (0.0%)
15 to 17 Year Olds6 (100.0%)0 (0.0%)
18 to 19 Year Olds199 (41.9%)276 (58.1%)
20 to 24 Year Olds169 (35.1%)313 (64.9%)
25 to 34 Year Olds27 (69.2%)12 (30.8%)
35 Years and over0 (0.0%)0 (0.0%)
Total471 (43.9%)601 (56.1%)

Educational Attainment by Field of Study in Ferrum

Bio, nature & agricultural (48 | 35.6%), education (30 | 22.2%), liberal arts & history (28 | 20.7%), science & technology (23 | 17.0%), and computers & mathematics (6 | 4.4%) are the most common fields of study among 135 individuals in Ferrum who have obtained a bachelor's degree or higher.
Educational Attainment by Field of Study in Ferrum
Field of Study# Graduates% Graduates
Computers & Mathematics64.4%
Bio, Nature & Agricultural4835.6%
Physical & Health Sciences00.0%
Psychology00.0%
Social Sciences00.0%
Engineering00.0%
Multidisciplinary Studies00.0%
Science & Technology2317.0%
Business00.0%
Education3022.2%
Literature & Languages00.0%
Liberal Arts & History2820.7%
Visual & Performing Arts00.0%
Communications00.0%
Arts & Humanities00.0%
Total135100.0%

Transportation & Commute in Ferrum

Vehicle Availability by Sex in Ferrum

The most prevalent vehicle ownership categories in Ferrum are males with 1 vehicle (61, accounting for 39.6%) and females with 1 vehicle (0, making up 61.6%).
Vehicle Availability by Sex in Ferrum
Vehicles AvailableMaleFemale
No Vehicle0 (0.0%)0 (0.0%)
1 Vehicle61 (39.6%)0 (0.0%)
2 Vehicles53 (34.4%)55 (55.6%)
3 Vehicles27 (17.5%)24 (24.2%)
4 Vehicles13 (8.4%)12 (12.1%)
5 or more Vehicles0 (0.0%)8 (8.1%)
Total154 (100.0%)99 (100.0%)

Commute Time in Ferrum

The most frequently occuring commute durations in Ferrum are 10 to 14 minutes (193 commuters, 27.6%), 5 to 9 minutes (164 commuters, 23.5%), and 30 to 34 minutes (93 commuters, 13.3%).
Commute Time in Ferrum
Commute Time# Commuters% Commuters
Less than 5 Minutes7210.3%
5 to 9 Minutes16423.5%
10 to 14 Minutes19327.6%
15 to 19 Minutes50.7%
20 to 24 Minutes578.2%
25 to 29 Minutes588.3%
30 to 34 Minutes9313.3%
35 to 39 Minutes131.9%
40 to 44 Minutes00.0%
45 to 59 Minutes304.3%
60 to 89 Minutes142.0%
90 or more Minutes00.0%

Commute Time by Sex in Ferrum

The most common commute times in Ferrum are 5 to 9 minutes (89 commuters, 24.3%) for males and 10 to 14 minutes (128 commuters, 38.4%) for females.
Commute Time by Sex in Ferrum
Commute TimeMaleFemale
Less than 5 Minutes47 (12.8%)25 (7.5%)
5 to 9 Minutes89 (24.3%)75 (22.5%)
10 to 14 Minutes65 (17.8%)128 (38.4%)
15 to 19 Minutes5 (1.4%)0 (0.0%)
20 to 24 Minutes33 (9.0%)24 (7.2%)
25 to 29 Minutes52 (14.2%)6 (1.8%)
30 to 34 Minutes52 (14.2%)41 (12.3%)
35 to 39 Minutes0 (0.0%)13 (3.9%)
40 to 44 Minutes0 (0.0%)0 (0.0%)
45 to 59 Minutes9 (2.5%)21 (6.3%)
60 to 89 Minutes14 (3.8%)0 (0.0%)
90 or more Minutes0 (0.0%)0 (0.0%)

Time of Departure to Work by Sex in Ferrum

The most frequent times of departure to work in Ferrum are 10:00 AM to 10:59 AM (89, 24.3%) for males and 12:00 PM to 3:59 PM (88, 26.4%) for females.
Time of Departure to Work by Sex in Ferrum
Time of DepartureMaleFemale
12:00 AM to 4:59 AM5 (1.4%)0 (0.0%)
5:00 AM to 5:29 AM0 (0.0%)0 (0.0%)
5:30 AM to 5:59 AM0 (0.0%)8 (2.4%)
6:00 AM to 6:29 AM4 (1.1%)0 (0.0%)
6:30 AM to 6:59 AM44 (12.0%)13 (3.9%)
7:00 AM to 7:29 AM20 (5.5%)26 (7.8%)
7:30 AM to 7:59 AM50 (13.7%)33 (9.9%)
8:00 AM to 8:29 AM13 (3.5%)14 (4.2%)
8:30 AM to 8:59 AM0 (0.0%)38 (11.4%)
9:00 AM to 9:59 AM38 (10.4%)15 (4.5%)
10:00 AM to 10:59 AM89 (24.3%)62 (18.6%)
11:00 AM to 11:59 AM8 (2.2%)9 (2.7%)
12:00 PM to 3:59 PM50 (13.7%)88 (26.4%)
4:00 PM to 11:59 PM45 (12.3%)27 (8.1%)
Total366 (100.0%)333 (100.0%)

Housing Occupancy in Ferrum

Occupancy by Ownership in Ferrum

Of the total 377 dwellings in Ferrum, owner-occupied units account for 238 (63.1%), while renter-occupied units make up 139 (36.9%).
Occupancy by Ownership in Ferrum
Occupancy# Housing Units% Housing Units
Owner Occupied Housing Units23863.1%
Renter-Occupied Housing Units13936.9%
Total Occupied Housing Units377100.0%

Occupancy by Household Size in Ferrum

Occupancy by Household Size in Ferrum
Household Size# Housing Units% Housing Units
1-Person Household16844.6%
2-Person Household9224.4%
3-Person Household5213.8%
4+ Person Household6517.2%
Total Housing Units377100.0%

Occupancy by Ownership by Household Size in Ferrum

Occupancy by Ownership by Household Size in Ferrum
Household SizeOwner-occupiedRenter-occupied
1-Person Household35 (20.8%)133 (79.2%)
2-Person Household92 (100.0%)0 (0.0%)
3-Person Household52 (100.0%)0 (0.0%)
4+ Person Household59 (90.8%)6 (9.2%)
Total Housing Units238 (63.1%)139 (36.9%)

Occupancy by Educational Attainment in Ferrum

Occupancy by Educational Attainment in Ferrum
Household SizeOwner-occupiedRenter-occupied
Less than High School75 (100.0%)0 (0.0%)
High School Diploma23 (14.7%)133 (85.3%)
College/Associate Degree83 (93.3%)6 (6.7%)
Bachelor's Degree or higher57 (100.0%)0 (0.0%)

Occupancy by Age of Householder in Ferrum

Occupancy by Age of Householder in Ferrum
Age Bracket# Households% Households
Under 35 Years8121.5%
35 to 44 Years174.5%
45 to 54 Years5915.7%
55 to 64 Years13836.6%
65 to 74 Years6517.2%
75 to 84 Years00.0%
85 Years and Over174.5%
Total377100.0%

Housing Finances in Ferrum

Median Income by Occupancy in Ferrum

Median Income by Occupancy in Ferrum
Occupancy Type# HouseholdsMedian Income
Owner-Occupied238 (63.1%)$37,250
Renter-Occupied139 (36.9%)$0
Average377 (100.0%)$33,967

Occupancy by Householder Income Bracket in Ferrum

Occupancy by Householder Income Bracket in Ferrum
Income BracketOwner-occupiedRenter-occupied
Less than $5,0009 (3.8%)66 (47.5%)
$5,000 to $9,9990 (0.0%)0 (0.0%)
$10,000 to $14,9997 (2.9%)0 (0.0%)
$15,000 to $19,99971 (29.8%)0 (0.0%)
$20,000 to $24,9990 (0.0%)22 (15.8%)
$25,000 to $34,99923 (9.7%)0 (0.0%)
$35,000 to $49,99933 (13.9%)45 (32.4%)
$50,000 to $74,99913 (5.5%)6 (4.3%)
$75,000 to $99,99944 (18.5%)0 (0.0%)
$100,000 to $149,99925 (10.5%)0 (0.0%)
$150,000 or more13 (5.5%)0 (0.0%)
Total238 (100.0%)139 (100.0%)

Monthly Housing Cost Tiers in Ferrum

Monthly Housing Cost Tiers in Ferrum
Monthly CostOwner-occupiedRenter-occupied
Less than $30016 (6.7%)0 (0.0%)
$300 to $49951 (21.4%)0 (0.0%)
$500 to $79912 (5.0%)67 (48.2%)
$800 to $99946 (19.3%)49 (35.2%)
$1,000 to $1,49976 (31.9%)6 (4.3%)
$1,500 to $1,9993 (1.3%)0 (0.0%)
$2,000 to $2,4997 (2.9%)0 (0.0%)
$2,500 to $2,99927 (11.3%)0 (0.0%)
$3,000 or more0 (0.0%)0 (0.0%)
Total238 (100.0%)139 (100.0%)

Physical Housing Characteristics in Ferrum

Housing Structures in Ferrum

Housing Structures in Ferrum
Structure Type# Housing Units% Housing Units
Single Unit, Detached25166.6%
Single Unit, Attached00.0%
2 Unit Apartments4511.9%
3 or 4 Unit Apartments00.0%
5 to 9 Unit Apartments225.8%
10 or more Apartments00.0%
Mobile Home / Other5915.7%
Total377100.0%

Housing Structures by Occupancy in Ferrum

Housing Structures by Occupancy in Ferrum
Structure TypeOwner-occupiedRenter-occupied
Single Unit, Detached179 (71.3%)72 (28.7%)
Single Unit, Attached0 (0.0%)0 (0.0%)
2 Unit Apartments0 (0.0%)45 (100.0%)
3 or 4 Unit Apartments0 (0.0%)0 (0.0%)
5 to 9 Unit Apartments0 (0.0%)22 (100.0%)
10 or more Apartments0 (0.0%)0 (0.0%)
Mobile Home / Other59 (100.0%)0 (0.0%)
Total238 (63.1%)139 (36.9%)

Housing Structures by Number of Rooms in Ferrum

Housing Structures by Number of Rooms in Ferrum
Number of RoomsOwner-occupiedRenter-occupied
1 Room0 (0.0%)0 (0.0%)
2 or 3 Rooms0 (0.0%)22 (15.8%)
4 or 5 Rooms51 (21.4%)62 (44.6%)
6 or 7 Rooms101 (42.4%)49 (35.2%)
8 or more Rooms86 (36.1%)6 (4.3%)
Total238 (100.0%)139 (100.0%)

Housing Structure by Heating Type in Ferrum

Housing Structure by Heating Type in Ferrum
Heating TypeOwner-occupiedRenter-occupied
Utility Gas0 (0.0%)0 (0.0%)
Bottled, Tank, or LP Gas39 (16.4%)0 (0.0%)
Electricity189 (79.4%)122 (87.8%)
Fuel Oil or Kerosene10 (4.2%)17 (12.2%)
Coal or Coke0 (0.0%)0 (0.0%)
All other Fuels0 (0.0%)0 (0.0%)
No Fuel Used0 (0.0%)0 (0.0%)
Total238 (100.0%)139 (100.0%)

Household Vehicle Usage in Ferrum

Household Vehicle Usage in Ferrum
Vehicles per HouseholdOwner-occupiedRenter-occupied
No Vehicle16 (6.7%)17 (12.2%)
1 Vehicle84 (35.3%)116 (83.5%)
2 Vehicles65 (27.3%)6 (4.3%)
3 or more Vehicles73 (30.7%)0 (0.0%)
Total238 (100.0%)139 (100.0%)

Real Estate & Mortgages in Ferrum

Real Estate and Mortgage Overview in Ferrum

CharacteristicWithout MortgageWith Mortgage
Housing Units79159
Median Property Value$151,800$131,300
Median Household Income--
Monthly Housing Costs$421$0
Real Estate Taxes$1,236$0

Property Value by Mortgage Status in Ferrum

Property Value by Mortgage Status in Ferrum
Property ValueWithout MortgageWith Mortgage
Less than $50,00023 (29.1%)7 (4.4%)
$50,000 to $99,9990 (0.0%)65 (40.9%)
$100,000 to $299,99944 (55.7%)74 (46.5%)
$300,000 to $499,99912 (15.2%)13 (8.2%)
$500,000 to $749,9990 (0.0%)0 (0.0%)
$750,000 to $999,9990 (0.0%)0 (0.0%)
$1,000,000 or more0 (0.0%)0 (0.0%)
Total79 (100.0%)159 (100.0%)

Household Income by Mortgage Status in Ferrum

Household Income by Mortgage Status in Ferrum
Household IncomeWithout MortgageWith Mortgage
Less than $10,0009 (11.4%)0 (0.0%)
$10,000 to $24,99916 (20.3%)0 (0.0%)
$25,000 to $34,99923 (29.1%)62 (39.0%)
$35,000 to $49,9990 (0.0%)0 (0.0%)
$50,000 to $74,9990 (0.0%)33 (20.7%)
$75,000 to $99,99931 (39.2%)13 (8.2%)
$100,000 to $149,9990 (0.0%)13 (8.2%)
$150,000 or more0 (0.0%)25 (15.7%)
Total79 (100.0%)159 (100.0%)

Property Value to Household Income Ratio in Ferrum

Property Value to Household Income Ratio in Ferrum
Value-to-Income RatioWithout MortgageWith Mortgage
Less than 2.0x30 (38.0%)45,815 (28,814.5%)
2.0x to 2.9x12 (15.2%)54 (34.0%)
3.0x to 3.9x0 (0.0%)40 (25.2%)
4.0x or more37 (46.8%)0 (0.0%)
Total79 (100.0%)159 (100.0%)

Real Estate Taxes by Mortgage Status in Ferrum

Real Estate Taxes by Mortgage Status in Ferrum
Property TaxesWithout MortgageWith Mortgage
Less than $80016 (20.3%)0 (0.0%)
$800 to $1,49942 (53.2%)91 (57.2%)
$800 to $1,49921 (26.6%)54 (34.0%)
Total79 (100.0%)159 (100.0%)

Health & Disability in Ferrum

Health Insurance Coverage by Age in Ferrum

Health Insurance Coverage by Age in Ferrum
Age BracketWith CoverageWithout Coverage
Under 6 Years57 (100.0%)0 (0.0%)
6 to 18 Years285 (100.0%)0 (0.0%)
19 to 25 Years805 (97.5%)21 (2.5%)
26 to 34 Years74 (82.2%)16 (17.8%)
35 to 44 Years23 (100.0%)0 (0.0%)
45 to 54 Years91 (100.0%)0 (0.0%)
55 to 64 Years220 (100.0%)0 (0.0%)
65 to 74 Years100 (100.0%)0 (0.0%)
75 Years and older25 (100.0%)0 (0.0%)
Total1,680 (97.9%)37 (2.1%)

Health Insurance Coverage by Citizenship Status in Ferrum

Health Insurance Coverage by Citizenship Status in Ferrum
Citizenship StatusWith CoverageWithout Coverage
Native Born57 (100.0%)0 (0.0%)
Foreign Born, Citizen285 (100.0%)0 (0.0%)
Foreign Born, not a Citizen805 (97.5%)21 (2.5%)

Health Insurance Coverage by Household Income in Ferrum

Health Insurance Coverage by Household Income in Ferrum
Household IncomeWith CoverageWithout Coverage
Under $25,000319 (100.0%)0 (0.0%)
$25,000 to $49,999162 (91.0%)16 (9.0%)
$50,000 to $74,99959 (100.0%)0 (0.0%)
$75,000 to $99,99992 (100.0%)0 (0.0%)
$100,000 and over73 (100.0%)0 (0.0%)

Public vs Private Health Insurance Coverage by Age in Ferrum

Public vs Private Health Insurance Coverage by Age in Ferrum
Age BracketPublic InsurancePrivate Insurance
Under 631 (54.4%)26 (45.6%)
6 to 18 Years47 (16.5%)245 (86.0%)
19 to 25 Years40 (4.8%)792 (95.9%)
25 to 34 Years22 (24.4%)52 (57.8%)
35 to 44 Years0 (0.0%)23 (100.0%)
45 to 54 Years64 (70.3%)50 (54.9%)
55 to 64 Years163 (74.1%)57 (25.9%)
65 to 74 Years100 (100.0%)69 (69.0%)
75 Years and over25 (100.0%)25 (100.0%)
Total492 (28.6%)1,339 (78.0%)

Disability Status by Sex by Age in Ferrum

Disability Status by Sex by Age in Ferrum
Age BracketMaleFemale
Under 5 Years0 (0.0%)0 (0.0%)
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years58 (9.8%)138 (24.9%)
35 to 64 Years59 (29.3%)19 (14.3%)
65 to 74 Years3 (11.1%)12 (16.4%)
75 Years and over0 (0.0%)17 (100.0%)

Disability Class by Sex by Age in Ferrum

Disability Class: Hearing Difficulty

Disability in Ferrum: <span>Hearing Difficulty</span>
Age BracketMaleFemale
Under 5 Years0 (0.0%)0 (0.0%)
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years11 (1.9%)0 (0.0%)
35 to 64 Years14 (7.0%)0 (0.0%)
65 to 74 Years0 (0.0%)7 (9.6%)
75 Years and over0 (0.0%)0 (0.0%)

Disability Class: Vision Difficulty

Disability in Ferrum: <span>Vision Difficulty</span>
Age BracketMaleFemale
Under 5 Years0 (0.0%)0 (0.0%)
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years18 (3.0%)6 (1.1%)
35 to 64 Years0 (0.0%)0 (0.0%)
65 to 74 Years0 (0.0%)0 (0.0%)
75 Years and over0 (0.0%)0 (0.0%)

Disability Class: Cognitive Difficulty

Disability in Ferrum: <span>Cognitive Difficulty</span>
Age BracketMaleFemale
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years40 (6.8%)132 (23.8%)
35 to 64 Years0 (0.0%)19 (14.3%)
65 to 74 Years0 (0.0%)0 (0.0%)
75 Years and over0 (0.0%)0 (0.0%)

Disability Class: Ambulatory Difficulty

Disability in Ferrum: <span>Ambulatory Difficulty</span>
Age BracketMaleFemale
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years0 (0.0%)0 (0.0%)
35 to 64 Years23 (11.4%)19 (14.3%)
65 to 74 Years3 (11.1%)12 (16.4%)
75 Years and over0 (0.0%)17 (100.0%)

Disability Class: Self-Care Difficulty

Disability in Ferrum: <span>Self-Care Difficulty</span>
Age BracketMaleFemale
5 to 17 Years0 (0.0%)0 (0.0%)
18 to 34 Years0 (0.0%)0 (0.0%)
35 to 64 Years22 (11.0%)19 (14.3%)
65 to 74 Years0 (0.0%)5 (6.9%)
75 Years and over0 (0.0%)17 (100.0%)

Technology Access in Ferrum

Computing Device Access in Ferrum

Computing Device Access in Ferrum
Device Type# Households% Households
Desktop or Laptop23462.1%
Smartphone25567.6%
Tablet25367.1%
No Computing Device8923.6%
Total377100.0%

Internet Access in Ferrum

Internet Access in Ferrum
Internet Type# Households% Households
Dial-Up Internet00.0%
Broadband Home23662.6%
Cellular Data Only225.8%
Satellite Internet287.4%
No Internet8923.6%
Total377100.0%

Ferrum Summary

Ferrum, Virginia is a small town located in Franklin County, Virginia. It is situated in the foothills of the Blue Ridge Mountains and is part of the Roanoke Metropolitan Statistical Area. The town has a population of approximately 1,400 people and is home to Ferrum College, a private liberal arts college.

History

Ferrum was founded in 1913 by the Ferrum Land Company, which was owned by the Ferrum Iron Company. The company was established to exploit the iron ore deposits in the area. The town was named after the Latin word for iron, ferrum. The town was incorporated in 1914 and the first mayor was elected in 1915.
The town grew rapidly in the early 20th century, with the Ferrum Iron Company providing employment for many of the town’s residents. The company also built a number of homes for its employees. The town also had a number of other businesses, including a general store, a bank, a post office, and a hotel.
In the late 1920s, the Ferrum Iron Company began to experience financial difficulties and eventually went out of business in 1931. The town’s economy was further impacted by the Great Depression and the population began to decline.
In the 1940s, the town was revitalized by the establishment of Ferrum College. The college provided employment for many of the town’s residents and also attracted new residents to the area. The college also provided educational opportunities for the town’s residents.
In the 1950s, the town experienced a period of growth and development. The population increased and new businesses were established. The town also experienced a period of racial integration, with African Americans moving into the area.
In the 1960s, the town experienced a period of decline. The population decreased and many businesses closed. The town was also impacted by the construction of Interstate 81, which bypassed the town.
In the 1970s, the town experienced a period of revitalization. The population began to increase and new businesses were established. The town also experienced a period of racial integration, with African Americans moving into the area.
In the 1980s, the town experienced a period of growth and development. The population increased and new businesses were established. The town also experienced a period of racial integration, with African Americans moving into the area.

Geography

Ferrum is located in the foothills of the Blue Ridge Mountains in Franklin County, Virginia. The town is situated at an elevation of 1,400 feet and is located approximately 25 miles southwest of Roanoke. The town is located along the banks of the Little River and is surrounded by the George Washington and Jefferson National Forests.
The town has a total area of 1.2 square miles, all of which is land. The town is located in a humid subtropical climate zone and experiences hot, humid summers and mild winters.

Economy

Ferrum’s economy is largely based on education and tourism. The town is home to Ferrum College, which provides employment for many of the town’s residents. The college also attracts visitors to the area, who come to attend sporting events, concerts, and other events.
The town also has a number of small businesses, including restaurants, retail stores, and service providers. The town is also home to a number of farms, which produce a variety of crops, including corn, soybeans, and hay.

Demographics

As of the 2010 census, Ferrum had a population of 1,400 people. The racial makeup of the town was 94.3% White, 2.9% African American, 0.4% Native American, 0.7% Asian, 0.1% Pacific Islander, 0.7% from other races, and 1.1% from two or more races. Hispanic or Latino of any race were 1.9% of the population.
The median household income in Ferrum was $37,500 and the median family income was $45,000. The per capita income in Ferrum was $17,000. About 11.3% of families and 14.3% of the population were below the poverty line, including 18.2% of those under age 18 and 8.3% of those age 65 or over.

Common Questions

What is the Total Population of Ferrum?
Total Population of Ferrum is 1,717.
What is the Total Male Population of Ferrum?
Total Male Population of Ferrum is 848.
What is the Total Female Population of Ferrum?
Total Female Population of Ferrum is 869.
What is the Ratio of Males per 100 Females in Ferrum?
There are 97.58 Males per 100 Females in Ferrum.
What is the Ratio of Females per 100 Males in Ferrum?
There are 102.48 Females per 100 Males in Ferrum.
What is the Median Population Age in Ferrum?
Median Population Age in Ferrum is 21.3 Years.
What is the Average Family Size in Ferrum
Average Family Size in Ferrum is 2.6 People.
What is the Average Household Size in Ferrum
Average Household Size in Ferrum is 1.9 People.
What is Per Capita Income in Ferrum?
Per Capita income in Ferrum is $13,150.
What is the Median Family Income in Ferrum?
Median Family Income in Ferrum is $47,120.
What is the Median Household income in Ferrum?
Median Household Income in Ferrum is $33,967.
What is Income or Wage Gap in Ferrum?
Income or Wage Gap in Ferrum is 8.1%.
Women in Ferrum earn 91.9 cents for every dollar earned by a man.
What is Inequality or Gini Index in Ferrum?
Inequality or Gini Index in Ferrum is 0.53.
How Large is the Labor Force in Ferrum?
There are 876 People in the Labor Forcein in Ferrum.
What is the Percentage of People in the Labor Force in Ferrum?
54.6% of People are in the Labor Force in Ferrum.
What is the Unemployment Rate in Ferrum?
Unemployment Rate in Ferrum is 6.5%.