Ferrum, VA 24088 ZIP Code Profile

Related Place Profiles:
Endicott, VA | Ferrum, VA
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ZIP Code 24088: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Ferrum, VA 24088

Acceptable Alternative
Charity, VA 24088

Not Acceptable, USPS
Endicott, VA 24088

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 61
  • Single Family Addresses: 1,589
  • Multi-Family Addresses: 0
  • County: Franklin County
  • Centroid: Latitude 36.929, Longitude -80.017
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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24088 ZIP Code Map

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Ferrum, VA 24088 Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 5,266
Population in Households 4,357
Population in Familes 3,563
Population in Group Qrtrs 909
Population Density1 48
Diversity Index2 28
 

HOUSEHOLDS

Total Households 1,748
Average Household Size 2.49
Family Households 1,181
Average Family Size 3

HOUSING

Total Housing Units 2,311 (100%)
Owner Occupied HU 1,333 (57.7%)
Renter Occupied HU 415 (18.0%)
Vacant Housing Units 563 (24.4%)
Median Home Value $128,150
Average Home Value $154,839
 

INCOME

Median Household Income $41,953
Average Household Income $54,743
Per Capita Income $21,522
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.39% 0.22%
Households 0.24% 0.19%
Families 0.12% 0.1%
Median Household Income   -0.77%
Per Capita Income   0.59%
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 24088 - Peer Comparisons by Rank and Percentile

The table below compares 24088 to the other 873 ZIP Codes in Virginia by rank and percentile using July 1, 2016 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 # 350 60th
Population Density1 # 592 32nd
Diversity Index2 # 560 36th
Median Household Income # 600 31st
Per Capita Income # 633 28th

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