Ferrum, Virginia ZIP Codes

1 ZIP codes | Population: 5,017 | Median Income: $41,769

About Ferrum, Virginia

Ferrum, Virginia encompasses 1 ZIP code serving a combined population of 5,017. The area's median household income is $41,769, with an average median home value of $152,700 and average monthly rent of $643.

Residents of Ferrum have an average education attainment rate of 20.5% holding a bachelor's degree or higher, and the area reports an average unemployment rate of 3.1%. The average median age across all ZIP codes is 36.5 years, reflecting the demographic composition of neighborhoods throughout the city. The strongest housing value currently appears in ZIP code 24088, where the home-value-to-income ratio sits at 3.66x.

Ferrum at a Glance

Total Population
5,017
ZIP Codes
1
Avg Income
$41,769
Avg Home Value
$152,700
Avg Rent
$643/mo
Avg Age
36.5

Neighborhood Highlights in Ferrum

All ZIP Codes in Ferrum, VA

ZIP Code Population Median Income Home Value Median Rent
24088 5,017 $41,769 $152,700 $643

Nearby Cities in Virginia

Frequently Asked Questions

How many ZIP codes does Ferrum, Virginia have?

Ferrum, Virginia has 1 ZIP code, serving a combined population of 5,017. You can browse all of them in the table above to compare demographics across neighborhoods.

What is the median income in Ferrum, Virginia?

The average median household income across ZIP codes in Ferrum, Virginia is $41,769. Income levels vary by neighborhood -- compare individual ZIP codes in the table above to see the range.

What is the most expensive ZIP code in Ferrum?

The highest-income ZIP code in Ferrum is 24088, with a median household income of $41,769.

What is the most affordable neighborhood in Ferrum?

The most affordable ZIP code in Ferrum by median home value is 24088, with a median home value of $152,700.

Which ZIP code offers the best housing value in Ferrum?

24088 currently has the strongest home-value-to-income profile in Ferrum, with a ratio of 3.66x. Lower ratios suggest local incomes go further when buying a home.