Ferrum, VA Profile: Facts, Map & Data

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Ferrum, Virginia - Basic Facts

The Ferrum Census Designated Place had a population of 2,073 as of July 1, 2017. 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, 2017.

Alternate Unofficial Names for Ferrum: Sophronia.


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Ferrum Census Designated Place, VA Boundary Map



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Boundary Maps: Blue Ridge District | Franklin County | Virginia Counties / Independent Cities

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Ferrum, VA Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,073
Daytime Population: Workers 898
Daytime Population: Residents 1,091
Total Daytime Population (TDP) 1,989
Ratio TDP/Total Population1 0.96
Population in Households 1,596
Population in Familes 1,316
Population in Group Qrtrs 477
Population Density2 227
Diversity Index3 33
 

INCOME

Median Household Income $42,289
Average Household Income $57,713
Per Capita Income $21,813

HOUSING

Total Housing Units 546 (100%)
Owner Occupied HU 317 (58.1%)
Renter Occupied HU 117 (21.4%)
Vacant Housing Units 112 (20.5%)
Median Home Value $141,883
Average Home Value $159,127
 

HOUSEHOLDS

Total Households 434
Average Household Size 3.68
Family Households 292
Average Family Size 5
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.2% 0.38%
Households 0.03% 0.23%
Families 1.4% 0.14%
Median Household Income   1.51%
Per Capita Income   2.2%

Ferrum, VA - Peer Comparisons by Rank and Percentile

The table below compares Ferrum to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2017 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 # 265 55th
Population Density # 470 21st
Diversity Index # 384 36th
Median Household Income # 404 32nd
Per Capita Income # 435 27th

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

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