Ferrum, VAPublished Date: December 23, 2024Ferrum is located in Franklin County, Virginia and has a population of 1,717. The poverty rate in Ferrum is 37.9% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Ferrum is 6.5% while the Franklin County unemployment rate is 2.8%.
| | Population | |
|---|
| Male | | 49.4% |
| Female | | 50.6% |
| | Median Age (city/county) | |
|---|
| Ferrum | | 21.3 |
| Franklin | | 48.4 |
| | Median Household Income (city/county) | |
|---|
| Ferrum | | $33,967 |
| Franklin | | $66,275 |
| | Median Home Value (city/county) | |
|---|
| Ferrum | | $138,104 |
| Franklin | | $208,339 |
| | Median Rent (city/county) | |
|---|
| Ferrum | | $646 |
| Franklin | | $809 |
| | Poverty Rate (city/county) | |
|---|
| Ferrum | | 37.9% |
| Franklin | | 13.3% |
Races and Ethnicity
▩ White 68.2%
▩ Black or African American 26.5%
▩ Asian 0%
▩ Native 0%
▩ Pacific 0.1%
▩ Other 1.7%
▩ Hispanic 5.6%
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