Ferrum CDP, Virginia Demographics & Population 2026
As of 2026, Ferrum CDP, Virginia has a total population of 1,622, the 308th largest city in Virginia, with a median household income of $31,750, which is 65% lower than the state average. The poverty rate is 35.1%.
Key Takeaways
- Household income is 65% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (35.1%), well above the national average of 12.4%.
- Unemployment rate of 8.4% is notably above the national average.
Ferrum CDP Quick Facts
How Ferrum CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Ferrum CDP Rankings in Virginia
Explore Virginia Rankings
Cities Similar to Ferrum CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Camp Barrett CDP | 1,569 | N/A | N/A | 80.9% | N/A |
| Boswell's Corner CDP | 1,459 | N/A | N/A | 11.0% | 7.8% |
| Mountain Road CDP | 1,517 | $34,399 | $80,000 | 1.4% | 15.8% |
| Appalachia town | 1,612 | $38,942 | $65,500 | 15.6% | 32.5% |
| Exmore town | 1,742 | $34,773 | $162,200 | 15.7% | 25.3% |
Population Overview
Ferrum CDP is a small community located in Virginia. The total population is 1,622. It ranks as the 308th most populous out of 681 cities and towns in Virginia.
Age Demographics
The median age in Ferrum CDP is 21.5 years. This is 45% lower than the state median of 38.8 years. Only 10.8% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Ferrum CDP is $31,750. This is 65% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 60% lower. The poverty rate stands at 35.1%. This is 253% higher than the state poverty rate of 9.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.4%. This is 95% higher than the state rate of 4.3%. The median home value is $202,500. Housing costs are 44% lower than the state median of $360,700. The home-value-to-income ratio of 6.4x suggests that housing affordability is a significant concern for many residents. 64.9% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 67.2%.
Race & Ethnicity
The largest racial or ethnic group in Ferrum CDP is White (non-Hispanic), making up 66.2% of the population. Black or African American residents account for 25.4%. The Hispanic or Latino population (2.8%) is well below the state average of 10.7%.
Education
28.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.4%.
Data Sources & Methodology
All demographic data for Ferrum CDP, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Ferrum CDP, Virginia?
Ferrum CDP, Virginia has a population of 1,622 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Ferrum CDP, VA?
The median household income in Ferrum CDP is $31,750, which is 60% lower the national median of $78,538.
What is the poverty rate in Ferrum CDP, VA?
The poverty rate in Ferrum CDP is 35.1%. This means approximately 257 residents live below the federal poverty line.
What is the racial makeup of Ferrum CDP, Virginia?
Ferrum CDP's population is 66.2% White, 25.4% Black, 2.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Ferrum CDP, VA?
The median home value in Ferrum CDP is $202,500. The home-value-to-income ratio is 6.4x.
How educated is Ferrum CDP, Virginia?
28.1% of adults (25+) in Ferrum CDP hold a bachelor's degree or higher, and 10.3% hold a graduate or professional degree.