Ferrum Authority

Ferrum is a lower-income small town of 1,774 with home prices 2.0× below the Virginia median.

Ferrum, Virginia

With 1,774 residents, Ferrum sits in Franklin County, Virginia as a small civic unit. Median household income is $40,435.

Definition and scope

Located in Franklin County, Virginia, Ferrum operates within Virginia's county-municipal framework. Local services and ordinances are coordinated through county and state-level agencies. The city operates within Congressional District 5 and is part of the Roanoke, VA metropolitan area.

Who lives here

Ferrum has approximately 1,774 residents. The median age is 21.8 years. Roughly 70% of housing units are owner-occupied. The median home value is $188,900.

Demographic composition (Census 2023 ACS5):

• White (non-Hispanic): 75.3%
• Black or African American: 18.7%
• Hispanic or Latino: 1.9%
• Asian: 0.1%

Economy and earnings

Median household income in Ferrum is $40,435. Poverty rate stands at 37.1%. Unemployment rate at last release was 4.0%. Educational attainment: 29.1% of residents 25 and over hold a bachelor's degree or higher.

Public services and infrastructure

Available public services on file for Ferrum:

• Public schools: 1
• Public libraries: 1
• Fire stations: 3
• Police stations: 3
• Hospitals: 1

Getting around

Worley Field provides commercial air service for the area. Federal court business routes through Franklin County Courthouse. For passenger rail, the nearest Amtrak station is Danville, Virginia.

Geography and climate

Elevation here is 1,355 feet. The USDA plant hardiness zone is 6b.

References

• Virginia State Authority — state-level reference for Virginia.
• U.S. Census Bureau, American Community Survey 5-Year Estimates — population, income, demographic data.
• Authority Network America — federal- and network-level reference.