ZIP Code 24088 — Ferrum, VA

Franklin | 2024 Census Data

Key Takeaway

ZIP code 24088 in Ferrum, VA has a population of 5,017 with a median household income of $41,769 and a median home value of $152,700 . The cost of living index is 54.2 (national average = 100).

Population & Age

Total Population
5,017
Median Age
36.50
Male
2,520
Female
2,497

Race & Ethnicity

White
89.5%
Black
7.7%
Hispanic
1.0%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More
2.5%
Other
0.2%

Income

Median Household
$41,769
Mean Household
$64,492
Per Capita
$24,489
Below Poverty
22.1%

Housing

Median Home Value
$152,700
Median Rent
$643
Total Units
2,027
Occupied
1,813
Owner Occupied
77.9%
Renter Occupied
22.1%
Median Year Built
1987
Vacant
214

Education

High School or Higher 84.5%
Bachelor's or Higher 20.5%
Graduate Degree 7.4%

Employment & Commuting

Labor Force
2,350
Unemployment
3.1%
Drive Alone
72.8%
Public Transit
0.5%
Work from Home
10.9%
Avg Commute
N/A

Cost of Living Index

54.2
National average = 100. Below average by 45.9%.

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 24088?

ZIP code 24088 (Ferrum, VA) has a total population of 5,017 according to the 2024 American Community Survey.

What is the median household income in ZIP code 24088?

The median household income in ZIP code 24088 is $41,769 per year, based on 2024 Census Bureau data.

What city is ZIP code 24088 in?

ZIP code 24088 is primarily located in Ferrum, Virginia (VA).

What is the median home value in ZIP code 24088?

The median home value in ZIP code 24088 is $152,700, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 24088?

The median age in ZIP code 24088 is 36.50 years, compared to the national median of 38.9 years.