Ferrum, VA Profile: Facts, Map & Data

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Ferrum, Virginia - Basic Facts

The Ferrum Census Designated Place had a population of 2,079 as of July 1, 2015. Ferrum ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Ferrum is located at latitude 36.9385 and longitude -79.995 in Franklin County. 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. Franklin County is in the Eastern time zone (GMT -5). The elevation is 1,296 feet.

The Ferrum Census Designated Place (GNIS ID: 2389082) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Beneath the boundary map are tables with Ferrum population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2015.

Alternate Unofficial Names for Ferrum: Sophronia.

Ferrum Census Designated Place, VA Boundary Map

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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, 2015)

POPULATION

Total Population 2,079
Population in Households 1,589
Population in Familes 1,313
Population in Group Qrtrs 490
Population Density1 227
Diversity Index2 33
 

HOUSEHOLDS

Total Households 440
Average Household Size 3.61
Family Households 297
Average Family Size 4

HOUSING

Total Housing Units 548 (100%)
Owner Occupied HU 322 (58.8%)
Renter Occupied HU 118 (21.5%)
Vacant Housing Units 108 (19.7%)
Median Home Value $126,902
Average Home Value $150,774
 

INCOME

Median Household Income $40,518
Average Household Income $55,594
Per Capita Income $18,430
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.33% 0.31%
Households 0.31% 0.27%
Families 2.27% 0.2%
Median Household Income   2.83%
Per Capita Income   2.81%
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.

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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, 2015 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 55th
Population Density1 # 470 21st
Diversity Index2 # 375 37th
Median Household Income # 374 37th
Per Capita Income # 507 14th

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