Ferrum, VA Profile: Facts, Map & Data

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Ferrum, Virginia - Basic Facts

The Ferrum Census Designated Place is a community or populated place (Class Code U5) located in Franklin County at latitude 36.9229 and longitude -80.0134. Franklin County is in the Eastern time zone (GMT -5). The elevation is 1,296 feet.

The formal official name is the Ferrum Census Designated Place, but most people and references simply refer to it as Ferrum, Virginia.

The U5 Census Class Code for Ferrum indicates a populated place that is also a census designated place with the same name. The Census Designated Place has a Functional Status Code "S" which identifies a statistical entity.

The formal boundaries for the Ferrum Census Designated Place (see map below) encompass a land area of 9.15 sq. miles and a water area of 0.01 sq. miles.

Alternate Unofficial Names for Ferrum: Sophronia.

Ferrum Census Designated Place, VA Boundary Map

Also See: BIG Map | Driving Directions | VA Congressional Districts
Boundary Maps: Blue Ridge District | Franklin County | Virginia Counties / Independent Cities

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Ferrum, VA Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 2,090
Population in Households 1,596
Population in Familes 1,319
Population in Group Qrtrs 494
Population Density1 228
Diversity Index2 34
 

HOUSEHOLDS

Total Households 440
Average Household Size 3.63
Family Households 298
Average Family Size 4

HOUSING

Total Housing Units 546 (100%)
Owner Occupied HU 324 (59.3%)
Renter Occupied HU 116 (21.2%)
Vacant Housing Units 106 (19.4%)
Median Home Value $110,127
Average Home Value $131,599
 

INCOME

Median Household Income $41,330
Average Household Income $52,808
Per Capita Income $17,392
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.54% 0.47%
Households 0.38% 0.32%
Families 2.89% 0.27%
Median Household Income   2.46%
Per Capita Income   2.48%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Ferrum, VA - Peer Comparisons by Rank and Percentile

The table below compares Ferrum to the other 591 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 263 56th
Population Density1 # 470 21st
Diversity Index2 # 370 38th
Median Household Income # 368 38th
Per Capita Income # 524 12th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.