Median Income
$31,750
58% lower than US avg
Home Value
$202,500
28% lower than US avg
Violent Crime
269/100K
29% lower than US avg
Bachelor's+
28.1%
17% lower than US avg
Median Rent
$662
43% lower than US avg
Obesity Rate
37.5%
17% higher than US avg
Unemployment
4.6%
28% higher than US avg
Poverty Rate
35.5%
186% higher than US avg
How Ferrum Compares to the U.S. Average (100% = U.S. avg)
People
Population1,622
Median Age21.5 yrs
Density177/mi²
Male / Female56% / 44%
Largest GroupWhite 67%
Veterans2.7%
Economy
C
Median Income$31,750
Per Capita$13,992
Unemployment4.6%
Poverty35.5%
County GDP$2,216M
Commute25 min
Housing
B
Home Value$202,500
Rent$662
Ownership64.9%
Zillow$241,658
Housing Units469
Rent Burden33.1%
Crime
F
Violent269/100K
Property3,619/100K
Health
Obesity37.5%
Uninsured11.4%
Smoking20.0%
Depression27.0%
Heart Disease7.1%
Climate
Avg Temp56°F (13°C)
AQI35 (Good)
Rain49.2 in/yr
Sunny Days305/yr
Elevation1,347 ft (411 m)
Education
B
Bachelor's+28.1%
High School+77.4%
Graduate+16.0%
School Score4.57
Community
2024 VoteR 72% / D 27%
Commute25 min
Broadband90.0%
EV Stations2
Libraries3
Is Ferrum a Good Place to Live?
Based on current data, Ferrum receives an overall livability score of 2.3 out of 5.0, earning a grade of C. Key strengths include low crime rates, affordable housing, abundant sunshine, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes. Ferrum has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Ferrum is $31,750, 58% below the national average of $75,149. Unemployment stands at 4.6%, indicating a healthy job market. The poverty rate of 35.5% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Ferrum is $202,500, 28% below the national median / offering relatively affordable homeownership. Renters pay a median of $662 per month, below the national average / a plus for affordability. The price-to-income ratio of 6.4x means housing costs are stretched relative to local earnings.
Safety & Crime
Violent crime in Ferrum is below the national average at 269 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 3,619 per 100,000, 85% above the national average.
Education
28.1% of residents hold a bachelor's degree, below the national average of 33.7%. 77.4% have completed high school. Area schools have an average test score of 4.6/10.
Climate & Weather
Ferrum enjoys a moderate climate with an average annual temperature of 56°F. Winters average 37°F in January while summers reach 76°F in July. With 305 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 49.2 inches, including 12.6 inches of snow. Air quality is rated Good with a median AQI of 35.
Ferrum has a population of 1,622 with a density of 177 people per square mile, spread across 9.2 square miles. The median age is 21.5 years, 45% younger than the national median of 38.9. The gender split is 43.8% female and 56.2% male. The city is predominantly White (67.2%), with 4.9% Hispanic, 25.4% Black. English is the primary language spoken at home by 96.6% of residents. 2.7% of the population are veterans, below the national rate of 6.0%. 17.8% of residents have a disability (above the 13.0% national average). 97.8% have health insurance coverage.
Population
21.5yrs
Median Age
45% below US avg
Language Spoken at Home
English Only
96.6%
23% above US avg
Spanish
3.4%
75% below US avg
The median household income in Ferrum is $31,750, which is 58% below the national average of $75,149. Per capita income is $13,992 (below the $39,052 national figure). The average weekly wage is $899, 37% lower than the U.S. average. The unemployment rate is 4.6% (above the 3.6% US average). 35.5% of residents live below the poverty line, higher than the national rate of 12.4%. The area has 1,617 business establishments, including 84 restaurants. The cost of living index is 101.1, roughly in line with the national average. Workers commute an average of 25 minutes. 19.8% of workers work from home (above the 15.2% national rate).
Income
| Median HH Income | $31,750 |
| 58% below US avg |
| Per Capita Income | $13,992 |
| Avg Weekly Wage | $899 |
| IRS Avg AGI | $72,911 |
| Gini Index | 0.469 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 4.6% |
| 28% above US avg |
| Poverty Rate | 35.5% |
| 186% above US avg |
| Establishments (County) | 1,617 |
| County GDP | $2,216M |
Business (County)
| Restaurants | 84 |
| Healthcare | 90 |
| Retail | 184 |
| Manufacturing | 59 |
Tax & Cost of Living
| Property Tax (IRS) | $3,752 |
| 7% above US avg |
| Cost of Living | 101.10 (100=avg) |
| Effective Tax Rate | 1.85% |
Commute & Transportation
| Commute Time | 24.6 min |
| Drive Alone | 47.8% |
| Public Transit | 2.0% |
| Work from Home | 19.8% |
The median home value in Ferrum is $202,500, 28% below the national median of $281,900. Zillow estimates the typical home value at $241,658, higher than the Census estimate. Homes sell for 84.1% of their list price, suggesting buyers have room to negotiate. Monthly rent averages $662 (43% below the national average of $1,163). Fair market rent ranges from $1,181 for a one-bedroom to $1,369 for a two-bedroom apartment. 64.9% of housing units are owner-occupied. There are 469 total housing units in the city. The median year a home was built is 1965. The average annual property tax is $3,752. 33.1% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 6.4x, above the traditionally affordable threshold of 3-4x.
Home Values
| Census Median | $202,500 |
| 28% below US avg |
| Zillow ZHVI | $241,658 |
Real Estate Market (Redfin)
| $/Sq Ft | $131 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 84.1% |
| Price Drops | 0.0% |
Rental Costs
| Census Median Rent | $662 |
| 43% below US avg |
| Rent Burden | 33.1% |
HUD Fair Market Rent
| Studio | $1,137 |
| 1 Bedroom | $1,181 |
| 2 Bedrooms | $1,369 |
| 3 Bedrooms | $1,787 |
| 4 Bedrooms | $2,126 |
Ownership & Property
| Homeownership | 64.9% |
| Owner-Occupied | 64.9% |
| Renter-Occupied | 35.1% |
| Housing Units | 469 |
| Median Year Built | 1965 |
Property Tax
| Avg Tax (IRS) | $3,752 |
| 7% above US avg |
| Effective Rate | 1.85% |
In Ferrum, 37.5% of adults are obese, above the national rate of 32.1%. 13.1% have diabetes (above the 10.5% national rate). Heart disease affects 7.1% of residents, above the national average. 35.8% have high blood pressure. 20.0% are current smokers (above the 14.0% national rate). 16.5% report binge drinking. 29.7% are physically inactive, above the national average. 27.0% report depression (above the 20.0% national average). 20.6% experience frequent mental distress. 11.4% of residents lack health insurance (above the 8.6% national rate). The primary care physician ratio is 1:2,891. The dentist ratio is 1:5,507. 43.8% of residents have access to exercise opportunities. The food environment index is 7.9 out of 10.
Health Metrics: Ferrum vs U.S. Average (%)
Chronic Conditions
| Obesity | 37.5% |
| 17% above US avg |
| Diabetes | 13.1% |
| Heart Disease | 7.1% |
| High Blood Pressure | 35.8% |
| Asthma | 11.8% |
| COPD | 9.2% |
| Cancer | 7.2% |
| Stroke | 3.9% |
Behaviors & Mental Health
| Smoking | 20.0% |
| 43% above US avg |
| Binge Drinking | 16.5% |
| Physical Inactivity | 29.7% |
| Depression | 27.0% |
| Mental Distress | 20.6% |
| Physical Distress | 16.2% |
| Short Sleep | 40.4% |
Healthcare Access
| Insurance Rate | 97.8% |
| Uninsured | 11.4% |
| 33% above US avg |
| Primary Care | 1:2,891 |
| Dentists | 1:5,507 |
| Mental Health | 1:817 |
| Checkup Rate | 75.9% |
| Dental Visits | 55.7% |
| Premature Death | 10,174/100K |
Food & Exercise
| Food Environment | 7.9/10 |
| Exercise Access | 43.8% |
| Healthcare Facilities | 90 |
Ferrum has a violent crime rate of 269 per 100,000 residents, 29% below the national average of 380. Property crime stands at 3,619 per 100,000, 85% above the U.S. average. The county recorded 14 fatal traffic crashes. The area has experienced 91 federally declared disasters. Overall, Ferrum receives a safety grade of F.
Crime Rates: Ferrum vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 268.8/100K |
| 29% below US avg |
| |
Property Crime
| Total Property | 3,618.7/100K |
| 85% above US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 14 |
| Traffic Accidents | 57 |
| Avg Accident Severity | 2.8 / 4.0 |
| FEMA Disasters | 91 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Ferrum enjoys a temperate climate with an average annual temperature of 56°F (13°C). Winters average 37°F in January while summers reach 76°F in July. The area gets 305 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Annual precipitation totals 49.2 inches (wetter than the 38-inch national average). The area receives 12.6 inches of snow annually. Air quality is rated Good with a median AQI of 35. The city sits at an elevation of 1,347 feet.
Temperature
37°F Jan (3°C)
76°F Jul (24°C)
| Annual Average | 56.1°F |
| 4% above US avg |
| January Average | 37°F (3°C) |
| July Average | 76°F (24°C) |
| Sunny Days | 305 days/yr |
Geography
| Elevation | 1,347 ft (411 m) |
| Area | 9.2 sq mi (23.7 km²) |
| Population Density | 177/sq mi |
| Coordinates | 36.9385°N, 79.9950°W |
| Timezone | America/New_York |
| County | Franklin County County |
| Nearest Airport | Roanoke/Blacksburg Regional (Woodrum Field) (ROA)
27 miles away |
Precipitation & Snow
Annual Rainfall
49.2"
29% above US avg
Wettest Month (Jul)
4.65"
Air Quality
| AQI Median | 35.0 |
| Rating | Good |
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 42.7 / 100 |
| Social Vulnerability | 64.5 / 100 |
| Community Resilience | 33.9 / 100 |
Hazard Breakdown
| Tornado |
Very Low |
| Hurricane |
Relatively Low |
| Earthquake |
Very Low |
| Wildfire |
Very Low |
| Flood |
Relatively Low |
| Hail |
Relatively Low |
| Strong Wind |
Relatively Moderate |
| Heat Wave |
Very Low |
| Winter Weather |
Relatively Low |
| Lightning |
Relatively Moderate |
| Ice Storm |
Relatively Low |
| Drought |
Relatively Moderate |
| Cold Wave |
Relatively Low |
| Landslide |
Relatively Low |
| Avalanche |
Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
27 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M3.8. Most recent: M3.0 on May 6, 2025.
| Oct 21, 1998 |
13 km S of Dillwyn, Virginia |
M3.8 |
148 km |
| Apr 22, 1991 |
14 km ESE of Falling Spring, West Virginia |
M3.5 |
113 km |
| Jun 26, 1995 |
6 km NNW of Trout Dale, Virginia |
M3.4 |
134 km |
| Sep 13, 2017 |
11 km NE of Peterstown, West Virginia |
M3.2 |
86 km |
| Dec 4, 2001 |
9 km W of Alderson, West Virginia |
M3.1 |
110 km |
| May 16, 2009 |
2 km NNE of Cave Spring, Virginia |
M3.0 |
35 km |
| May 6, 2025 |
8 km S of Dillwyn, Virginia |
M3.0 |
147 km |
| Jan 22, 1995 |
0 km WNW of Pulaski, Virginia |
M2.9 |
72 km |
| Jul 4, 2009 |
3 km E of Narrows, Virginia |
M2.8 |
82 km |
| Jul 15, 2021 |
10 km S of Narrows, Virginia |
M2.8 |
81 km |
| May 12, 2017 |
6 km SSW of Narrows, Virginia |
M2.8 |
84 km |
| Jul 6, 2023 |
5 km S of Hillsville, Virginia |
M2.7 |
70 km |
| Aug 18, 2000 |
2 km SSE of Narrows, Virginia |
M2.7 |
28 km |
| Aug 25, 2011 |
14 km SE of Falling Spring, West Virginia |
M2.7 |
110 km |
| Nov 25, 2009 |
14 km S of Arrington, Virginia |
M2.7 |
121 km |
| Jul 12, 1993 |
5 km SW of Greensboro, North Carolina |
M2.7 |
102 km |
| Jun 10, 2018 |
2 km NE of Hays, North Carolina |
M2.7 |
124 km |
| Mar 4, 2019 |
13 km E of Meadow Bridge, West Virginia |
M2.6 |
118 km |
| Mar 28, 2001 |
2 km S of Narrows, Virginia |
M2.6 |
83 km |
| Jul 11, 2006 |
9 km SSE of Rupert, West Virginia |
M2.6 |
120 km |
Source: USGS (M2.5+, 1990-2025)
Hurricane History
3 hurricanes (Cat 1+) within 500 km since 1980.
Strongest: Category 1. Most recent: Isabel (2003, Cat 1).
| Year |
Name |
Category |
Closest |
| 2003 |
Isabel |
Category 1 |
206 km |
| 1996 |
Fran |
Category 2 |
226 km |
| 1989 |
Hugo |
Category 1 |
268 km |
Source: NOAA IBTrACS (Cat 1+, 1980-2026)
Tornado History
147 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF3. Total: 4 fatalities, 155 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Apr 19, 2019 |
EF3 |
13 km |
0 |
| Apr 15, 2018 |
EF3 |
80 km |
0 |
| Mar 20, 1998 |
EF3 |
60 km |
2 |
| May 5, 1989 |
EF3 |
96 km |
0 |
| May 22, 1985 |
EF3 |
96 km |
0 |
| Sep 27, 2024 |
EF2 |
52 km |
0 |
| May 27, 2022 |
EF2 |
74 km |
0 |
| Mar 23, 2022 |
EF2 |
59 km |
0 |
| May 24, 2017 |
EF2 |
85 km |
0 |
| Apr 27, 2011 |
EF2 |
82 km |
1 |
| Apr 8, 2011 |
EF2 |
73 km |
0 |
| May 8, 2008 |
EF2 |
98 km |
1 |
| Sep 17, 2004 |
EF2 |
40 km |
0 |
| Sep 17, 2004 |
EF2 |
25 km |
0 |
| Apr 28, 2002 |
EF2 |
65 km |
0 |
| Jul 15, 1996 |
EF2 |
59 km |
0 |
| Jun 9, 1996 |
EF2 |
34 km |
0 |
| Aug 17, 1994 |
EF2 |
31 km |
0 |
| Jun 22, 1990 |
EF2 |
88 km |
0 |
| May 5, 1989 |
EF2 |
92 km |
0 |
Source: NOAA SPC (EF0+, 1950-2024)
Wildfire History
20 wildfires (100+ acres) within 100 km.
Largest: ALLEGHANY TUNNELS FIRES (11,055 ac, 2012).
| Year |
Name |
Acres |
Distance |
| 2012 |
ALLEGHANY TUNNELS FIRES |
11,055 |
95 km |
| 2023 |
MATTS CREEK |
11,028 |
87 km |
| 2012 |
BARBOURS CREEK. |
7,244 |
76 km |
| 2008 |
ANGEL |
4,129 |
48 km |
| 2021 |
UNNAMED |
3,518 |
74 km |
| 2006 |
BULL MOUNTAIN |
3,300 |
32 km |
| 2002 |
MARBLEYARD |
3,123 |
86 km |
| 2008 |
LITTLE CUBA |
3,017 |
60 km |
| 2006 |
PEAVINE COMPLEX |
2,950 |
95 km |
| 2010 |
PATTERSON MTN |
2,443 |
74 km |
| 1987 |
UNNAMED |
2,038 |
74 km |
| 1986 |
TUCKER |
1,976 |
78 km |
| 1995 |
COVE |
1,675 |
53 km |
| 2015 |
SHORT HILLS MOUNTAIN |
1,637 |
83 km |
| 1995 |
SOUTH |
1,610 |
76 km |
| 2021 |
PATTERSON MOUNTAIN RX |
1,584 |
75 km |
| 2008 |
BLACKHORSE |
1,537 |
58 km |
| 1999 |
FORT LEWIS MTN. |
1,525 |
44 km |
| 1991 |
PINEY MOUNTAIN |
1,464 |
98 km |
| 2021 |
UNNAMED |
1,388 |
76 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
37°F (3°C) |
3.3 in |
Coldest |
| February |
38°F (4°C) |
3.4 in |
|
| March |
46°F (8°C) |
4.1 in |
|
| April |
55°F (13°C) |
3.9 in |
|
| May |
63°F (17°C) |
4.3 in |
|
| June |
71°F (22°C) |
3.9 in |
|
| July |
76°F (24°C) |
4.7 in |
Warmest, Wettest |
| August |
74°F (23°C) |
3.9 in |
|
| September |
67°F (20°C) |
4.1 in |
|
| October |
56°F (13°C) |
3.9 in |
|
| November |
47°F (8°C) |
3.4 in |
|
| December |
39°F (4°C) |
3.3 in |
Driest |
Ferrum has a seasonal temperature swing of 39°F / from 37°F in January to 76°F in July. Total annual precipitation is 46.0 inches, with July being the wettest month (4.7") and December the driest (3.3").
Average costs for common services in Ferrum. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$253 ($152-$404) |
| Specialist Visit |
$354 ($202-$556) |
| Urgent Care Visit |
$202 ($101-$354) |
| Emergency Room Visit |
$2,224 ($809-$5,055) |
| Dental Cleaning |
$131 ($76-$202) |
| Dental Filling |
$253 ($152-$404) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$46 ($25-$76) |
| Oil Change (Synthetic) |
$76 ($51-$121) |
| Brake Pad Replacement |
$303 ($152-$506) |
| Tire Rotation |
$40 ($20-$76) |
| New Tires (Set of 4) |
$607 ($404-$1,011) |
| Battery Replacement |
$202 ($101-$354) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$101 ($61-$152) |
| Electrician (Per Hour) |
$91 ($51-$142) |
| HVAC Repair |
$404 ($152-$809) |
| HVAC System Install |
$7,077 ($4,044-$12,132) |
| Roof Repair |
$1,011 ($404-$2,022) |
| Roof Replacement |
$9,099 ($5,561-$15,165) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,517 ($506-$3,539) |
| Divorce (Contested) |
$15,165 ($5,055-$30,330) |
| DUI Defense |
$5,055 ($2,022-$10,110) |
| Bankruptcy (Chapter 7) |
$1,517 ($809-$3,033) |
| Will Preparation |
$506 ($202-$1,011) |
| Trust Preparation |
$2,528 ($1,011-$5,055) |
View all 12 services
Personal Care
| Men's Haircut |
$25 ($15-$46) |
| Women's Haircut |
$56 ($30-$101) |
| Hair Coloring (Full) |
$152 ($76-$253) |
| Manicure |
$25 ($15-$46) |
| Pedicure |
$40 ($25-$66) |
| Massage (1 Hour) |
$81 ($51-$131) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$4.15 ($3.03-$5.56) |
| Dozen Eggs (per dozen) |
$3.54 ($2.53-$5.06) |
| Loaf of Bread |
$3.84 ($2.53-$5.56) |
| Chicken Breast (per lb) |
$4.55 ($3.03-$6.57) |
| Ground Beef (per lb) |
$5.56 ($4.04-$7.58) |
| Rice (per lb) |
$1.01 ($0.61-$1.82) |
View all 20 services
Utilities
| Electricity (Monthly) |
$142 ($81-$253) |
| Natural Gas (Monthly) |
$71 ($30-$152) |
| Water/Sewer (Monthly) |
$71 ($40-$121) |
| Internet (Monthly) |
$71 ($40-$101) |
| Cell Phone Plan (Monthly) |
$66 ($30-$101) |
| Cable TV (Monthly) |
$86 ($51-$152) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$202 ($76-$506) |
| Car Insurance (Annual) |
$2,022 ($1,213-$3,539) |
| Bus Pass (Monthly) |
$71 ($30-$131) |
| Taxi/Uber (5-Mile Ride) |
$15 ($8.09-$25) |
| Car Registration (Annual) |
$101 ($30-$253) |
| Driver's License Renewal |
$30 ($15-$76) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,213 ($607-$2,528) |
| Daycare (Toddler, Monthly) |
$1,011 ($506-$2,022) |
| After-School Care (Monthly) |
$404 ($202-$708) |
| Tutoring (Per Hour) |
$51 ($25-$101) |
| SAT/ACT Prep Course |
$1,011 ($404-$2,528) |
| Private School (K-12, Annual) |
$12,638 ($5,055-$30,330) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$61 ($30-$101) |
| Dog Vaccination (Annual) |
$101 ($51-$202) |
| Dog Grooming |
$61 ($30-$101) |
| Pet Boarding (Per Night) |
$40 ($20-$76) |
| Dog Spay/Neuter |
$303 ($152-$506) |
| Cat Spay/Neuter |
$202 ($101-$404) |
View all 9 services
Childcare
| Center-Based (monthly) |
| Infant | $748 |
| Toddler | $611 |
| Preschool | $561 |
| Family Childcare (monthly) |
| Infant | $821 |
| Toddler | $773 |
| Preschool | $751 |
Source: DOL Women's Bureau (2022)
Frequently Asked Questions About Ferrum
What is the population of Ferrum?
Ferrum has a population of 1,622 residents and is located in Virginia. The population density is 177 people per square mile, spread across 9.2 square miles. The median age of residents is 21.5 years, which is younger than the national median of 38.9 years. The population is 43.8% female and 56.2% male.
Is Ferrum expensive to live in?
Ferrum has a cost of living roughly in line with the national average, with an index of 101.1 (baseline: 100). The median household income is $31,750, 58% below the national average of $75,149. The median home value is $202,500 (28% below the U.S. median). Renters pay a median of $662 per month, below the national average of $1,163. The home price-to-income ratio is 6.4x, which means housing is a stretch relative to local earnings.
Is Ferrum safe?
Ferrum is safer than the national average, with a violent crime rate of 269 per 100,000 compared to the U.S. rate of 380. Property crime occurs at a rate of 3,619 per 100,000 (above the national average). Overall, Ferrum receives a safety grade of F based on combined crime data.
What is the weather like in Ferrum?
Ferrum enjoys a temperate climate with an average annual temperature of 56°F (13°C). Winter temperatures average 37°F in January, while summers reach an average of 76°F in July. The area receives 305 sunny days per year, well above the national average of 205. Annual rainfall totals 49.2 inches, with 12.6 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 35.
How is the job market in Ferrum?
Ferrum has a healthy job market with an unemployment rate of 4.6%, near the national average of 3.6%. The average weekly wage is $899. There are 1,617 business establishments in the area, including 84 restaurants and food service locations. The average commute time is 25 minutes, and 19.8% of workers work from home.
How much does housing cost in Ferrum?
The median home value in Ferrum is $202,500. Zillow estimates the typical home value at $241,658. For renters, the median monthly rent is $662. Fair market rent is $1,181 for a 1-bedroom and $1,369 for a 2-bedroom apartment. The homeownership rate is 64.9%. The average annual property tax is $3,752.
How are the schools in Ferrum?
Schools in Ferrum have an average test score of 4.6 out of 10, below typical national benchmarks. Families may want to research individual school ratings. 28.1% of adults in Ferrum hold a bachelor's degree or higher, below the national average of 33.7%. 77.4% have completed high school. 16.0% hold a graduate or professional degree.
How healthy is Ferrum?
The obesity rate in Ferrum is 37.5% (above the national rate of 32.1%). 20.0% of adults are smokers. 29.7% are physically inactive. 27.0% of residents report depression. 11.4% lack health insurance (above the national rate). 43.8% of residents have access to exercise opportunities. The primary care physician ratio is 1:2,891.
What is transportation like in Ferrum?
The average commute in Ferrum is 25 minutes, shorter than the national average of 28 minutes. 47.8% of workers drive alone to work, 2% use public transit, and 19.8% work from home.
What are the demographics of Ferrum?
The racial and ethnic makeup of Ferrum is 67.2% White, 25.4% Black or African American, 4.9% Hispanic or Latino. 96.6% of residents speak only English at home, while 3.4% speak Spanish. 2.7% of the population are military veterans. 17.8% of residents have a disability. 97.8% have health insurance coverage.
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