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Apartments for rent in Ferrum, VA

303 Properties

Local Guide

See what Ferrum, VA has to offer.

All About

Living in Ferrum, VA

Ferrum, a small town in Virginia, has a population of just over 2,000. Young adults (15-24) will find plenty of peers, as they account for a larger portion of the population here (38%) than nationally (14%), while young professionals are less well-represented. With an average age of just under 35, the town's population is younger than most cities in Virginia. Just 21% of residents rent in Ferrum, as the majority own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $426/month. Over the course of a year, renters in Ferrum will save around $10,300 compared to the state average.

Many Ferrum residents work in one of three industries: education, retail, and entertainment. Together, these industries make up 27% of the labor force in the town. Meanwhile, in terms of job function, many of the town's residents work in sales, making it the top field in the town. With an average annual income of just under $57K, Ferrum workers earn less than their peers elsewhere in Virginia. Ferrum's average income also trails the national average ($73,345). Three percent of Ferrum residents over the age of 25 have a Bachelor's degree, while 2% possess a Master's degree or Doctorate.

Ferrum has an average commute time of about 27 minutes. Driving is the most common way to get to work, opted for by 36% of residents, while public transit is not extensively used. Walking (8%) isn't a common method of commuting to work, though the number easily surpasses the national average.

Who Lives Here

Ferrum Demographics

Education

High School

38%

Associate's

17%

Bachelor's

7%

Master's

3%

Doctorate

34%

Family Size

2 people

43%

3 people

19%

4 people

18%

5 people

0%

6+ people

19%

Household Income

0-50k

53%

50-100k

34%

100-150k

8%

150-200k

2%

200k+

3%

Age

0-10

7%

10-20

25%

20-45

30%

45-65

24%

65+

14%

Getting Around Ferrum

Ferrum Transportation

Commute Time

0-15 Mins

31%

15-30 Mins

31%

30-40 Mins

16%

40-60 Mins

13%

60+ Mins

8%

Ferrum Education

Schools

Top Schools in Ferrum

5/10

Ferrum Elementary School

Grades PK-5 • Public

8/10

Callaway Elementary School

Grades PK-5 • Public

8/10

Henry Elementary School

Grades PK-5 • Public

4/10

Lee M. Waid Elementary School

Grades PK-5 • Public

6/10

Sontag Elementary School

Grades PK-5 • Public

5/10

Rocky Mount Elementary School

Grades PK-5 • Public

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

All About

Living in Ferrum, VA

Ferrum, a small town in Virginia, has a population of just over 2,000. Young adults (15-24) will find plenty of peers, as they account for a larger portion of the population here (38%) than nationally (14%), while young professionals are less well-represented. With an average age of just under 35, the town's population is younger than most cities in Virginia. Just 21% of residents rent in Ferrum, as the majority own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $426/month. Over the course of a year, renters in Ferrum will save around $10,300 compared to the state average.

Many Ferrum residents work in one of three industries: education, retail, and entertainment. Together, these industries make up 27% of the labor force in the town. Meanwhile, in terms of job function, many of the town's residents work in sales, making it the top field in the town. With an average annual income of just under $57K, Ferrum workers earn less than their peers elsewhere in Virginia. Ferrum's average income also trails the national average ($73,345). Three percent of Ferrum residents over the age of 25 have a Bachelor's degree, while 2% possess a Master's degree or Doctorate.

Ferrum has an average commute time of about 27 minutes. Driving is the most common way to get to work, opted for by 36% of residents, while public transit is not extensively used. Walking (8%) isn't a common method of commuting to work, though the number easily surpasses the national average.