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, 2017)

POPULATION

Total Population 5,059
Daytime Population: Workers 1,199
Daytime Population: Residents 2,813
Total Daytime Population (TDP) 4,012
Ratio TDP/Total Population1 0.79
Population in Households 4,186
Population in Familes 3,422
Population in Group Qrtrs 873
Population Density2 46
Diversity Index3 28
 

INCOME

Median Household Income $42,542
Average Household Income $56,005
Per Capita Income $21,857

HOUSING

Total Housing Units 2,214 (100%)
Owner Occupied HU 1,261 (57.0%)
Renter Occupied HU 411 (18.6%)
Vacant Housing Units 542 (24.5%)
Median Home Value $143,815
Average Home Value $173,196
 

HOUSEHOLDS

Total Households 1,672
Average Household Size 2.5
Family Households 1,130
Average Family Size 3
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 0.25% 0.36%
Households 0.19% 0.33%
Families 0.04% 0.23%
Median Household Income   1.51%
Per Capita Income   2.45%

Ferrum, VA 24088 - Peer Comparisons by Rank and Percentile

The table below compares 24088 to the other 870 ZIP Codes 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 # 359 59th
Population Density # 590 32nd
Diversity Index # 560 36th
Median Household Income # 619 29th
Per Capita Income # 650 25th

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


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