Ferrum, VA

Census Place

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2022 Population
1,717
6.28% 1-year decline
US Senator
Mark Warner
Democratic Party
US Senator
Tim Kaine
Democratic Party
2022 Median Age
21.3
1.39% 1-year decrease
2022 Poverty Rate
37.9%
11.1% 1-year increase
2022 Median Household Income
$33,967
4.92% 1-year decline
2022 Median Property Value
$131,700
27% 1-year growth
2022 Employed Population
819
1.11% 1-year growth

About

In 2022, Ferrum, VA had a population of 1.72k people with a median age of 21.3 and a median household income of $33,967. Between 2021 and 2022 the population of Ferrum, VA declined from 1,832 to 1,717, a −6.28% decrease and its median household income declined from $35,726 to $33,967, a −4.92% decrease.

The 5 largest ethnic groups in Ferrum, VA are White (Non-Hispanic) (66.1%), Black or African American (Non-Hispanic) (26.5%), White (Hispanic) (2.1%), Two+ (Hispanic) (1.81%), and Other (Hispanic) (1.69%).

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 2022, the median property value in Ferrum, VA was $131,700, and the homeownership rate was 63.1%.

Most people in Ferrum, VA drove alone to work, and the average commute time was 15.8 minutes. The average car ownership in Ferrum, VA was 3 cars per household.

Population & Diversity

Ferrum, VA is home to a population of 1.72k people, from which 99.5% are citizens. As of 2022, 0.815% of Ferrum, VA residents were born outside of the country (14 people).

In 2022, there were 2.49 times more White (Non-Hispanic) residents (1.14k people) in Ferrum, VA than any other race or ethnicity. There were 455 Black or African American (Non-Hispanic) and 36 White (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99.5%
2022 Citizenship
99.4%
2021 Citizenship

As of 2022, 99.5% of Ferrum, VA residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Ferrum, VA was 99.4%, 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.

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Race and Ethnicity

The 3 largest ethnic groups in Ferrum, VA
  1. White (Non-Hispanic)
    1.14k ± 366
  2. Black or African American (Non-Hispanic)
    455 ± 149
  3. White (Hispanic)
    36 ± 72
5.59%
Hispanic Population
96 people

In 2022, there were 2.49 times more White (Non-Hispanic) residents (1.14k people) in Ferrum, VA than any other race or ethnicity. There were 455 Black or African American (Non-Hispanic) and 36 White (Hispanic) residents, the second and third most common ethnic groups.

5.59% of the people in Ferrum, VA are hispanic (96 people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.
Most Common Origin
  1. El Salvador
    107,605 ± 8,003 people
  2. India
    98,735 ± 7,670 people
  3. 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.

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Foreign-Born Population

0.815%
2022 Foreign-Born Population
14 people
0.928%
2021 Foreign-Born Population
17 people

As of 2022, 0.815% of Ferrum, VA residents (14 people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Ferrum, VA was 0.928%, 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.

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    12 ± 26
  2. Gulf War (1990s)
    0 ± 18
  3. Vietnam
    0 ± 23

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

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Economy

The economy of Ferrum, VA employs 819 people. The largest industries in Ferrum, VA are Educational Services (268 people), Retail Trade (137 people), and Accommodation & Food Services (123 people), and the highest paying industries are Transportation & Warehousing, & Utilities ($23,688), Transportation & Warehousing ($23,688), and Retail Trade ($14,395).

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.

Occupations

819
2022 Value
± 246
1.11%
1 Year growth
± 39.4%

From 2021 to 2022, employment in Ferrum, VA grew at a rate of 1.11%, from 810 employees to 819 employees.

The most common job groups, by number of people living in Ferrum, VA, are Sales & Related Occupations (137 people), Personal Care & Service Occupations (109 people), and Education Instruction, & Library Occupations (92 people). This chart illustrates the share breakdown of the primary jobs held by residents of Ferrum, VA.

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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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Employment by Industries

819
2022 Value
± 246
1.11%
1 Year growth
± 39.4%

From 2021 to 2022, employment in Ferrum, VA grew at a rate of 1.11%, from 810 employees to 819 employees.

The most common employment sectors for those who live in Ferrum, VA, are Educational Services (268 people), Retail Trade (137 people), and Accommodation & Food Services (123 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.

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Median Earnings by Industry

$13,571
Median earning men ± $18,061
$6,727
Median earning women ± $3,714

The industries with the best median earnings for men in 2022 are Retail Trade ($37,861), Transportation & Warehousing, & Utilities ($23,688), and Educational Services, & Health Care & Social Assistance ($6,607).

The industries with the best median earnings for women in 2022 are Retail Trade ($13,226), Educational Services, & Health Care & Social Assistance ($11,293), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($5,685).

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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.

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Civics

In the 2020 presidential election, the popular vote in Virginia went to Joseph R Biden Jr. with 54.1% of the vote. The runner-up was Donald J. Trump (44%), followed by Jo Jorgensen (1.45%).

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.

US Senators from Virginia

Senatorial voting results are only available at the state level. Showing data for Virginia.
Mark Warner
Senator from Virginia2
Assumed office on January 3, 2009
Tim Kaine
Senator from Virginia1
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.

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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.

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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.

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.

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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.

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Concentrations

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.

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Universities

Gender
Race
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.

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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.

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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.

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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.

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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.

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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.

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Housing & Living

The median property value in Ferrum, VA was $131,700 in 2022, which is 0.467 times smaller than the national average of $281,900. Between 2021 and 2022 the median property value increased from $103,700 to $131,700, a 27% increase. The homeownership rate in Ferrum, VA is 63.1%, which is approximately the same as the national average of 64.8%.

People in Ferrum, VA have an average commute time of 15.8 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.

Property

$131,700
Median Property Value 2022
±$75,953
$238
Median Property Taxes
±$122

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.

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Rent vs Own

63.1%
Homeownership
2022
73%
Homeowners with Mortgage
2022

In 2022, 63.1% of the housing units in Ferrum, VA were occupied by their owner. This percentage grew from the previous year's rate of 58.1%.

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

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Income by Location

Use the dropdown to filter by race/ethnicity.
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).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$33,967
Median Household Income
± $23,078
377
Number of Households
± 159

In 2022, the median household income of the 377 households in Ferrum, VA declined from $33,967 from the previous year's value of $35,726.

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.

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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.

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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (42.6%)
  2. Walked (33.3%)
  3. Carpooled (10.2%)

In 2022, 42.6% of workers in Ferrum, VA drove alone to work, followed by those who walked to work (33.3%) and those who carpooled to work (10.2%).

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.

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Commute Time

15.8 minutes
Average Travel Time

Using averages, employees in Ferrum, VA have a shorter commute time (15.8 minutes) than the normal US worker (26.7 minutes). Additionally, 0% 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.

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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.

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Poverty & Diversity

37.9% of the population for whom poverty status is determined in Ferrum, VA (273 out of 721 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 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.

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Health

97.8% of the population of Ferrum, VA has health coverage, with 52.8% on employee plans, 18.1% on Medicaid, 6.23% on Medicare, 16.9% on non-group plans, and 3.84% on military or VA plans.

Primary care physicians in Franklin County, VA see 2547 patients per year on average, which represents a 4.82% decrease from the previous year (2676 patients). Compare this to dentists who see 6241 patients per year, and mental health providers who see 1146 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Franklin County, VA.
2,547 to 1
Patient to Primary Care Physician Ratio in Franklin County, VA

Primary care physicians in Franklin County, VA see an average of 2,547 patients per year. This represents a 4.82% decrease from the previous year (2,676 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.

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Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 19.9% under 18 years, 53.3% between 18 and 34 years, 19.5% between 35 and 64 years, and 7.28% over 64 years.

By gender, of the total number of insured persons, 49.9% were men and 50.1% were women.

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

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Uninsured People

2.15%
Uninsured
52.8%
Employer Coverage
18.1%
Medicaid
6.23%
Medicare
16.9%
Non-Group
3.84%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Ferrum, VA declined by 51.9% from 4.48% to 2.15%.

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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