Ferrum, VA Employment

F
54%
Income/capita NAT. AVG.
18%
Household income NAT. AVG.
41%
Unemployment NAT. AVG.
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IndexFerrumVirginiaNational
Income per capita$13,717$34,967$29,829
Median household income$45,408$66,149$55,322
Median income owner occupied$46,168$82,180$70,586
Median income renter occupied$0$42,481$35,192
Median earnings male$4,710$41,712$36,919
Median earnings female$4,392$29,664$26,250
Unemployment rate6.6%3.8%4.7%
Poverty level24.0%11.4%15.1%
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Key findings

  • The income per capita in Ferrum is 54% lower than the national average
  • The median household income in Ferrum is 18% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Ferrum is 41% higher than the national average
  • The poverty level in Ferrum is 59% higher than the national average

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      am i middle class

      $
      Input your household income
      $30,268 $45,408 $90,816
      City
      $44,094 $66,149 $132,298
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Ferrum median earnings by income bracket

      Ferrum employment by industry

      Labour TypeMaleFemale
      Construction industry0.0%0.0%
      Manufacturing sector13.8%13.8%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services7.0%7.0%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities9.8%9.8%
      Education, health & social services37.8%37.8%
      Other31.6%31.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Boones Mill, VA149$55,0000.6%
      Rocky Mount, VA4,727$46,02116.8%
      Henry Fork, VA1,147$40,83326.2%
      Collinsville, VA7,019$40,71026.4%
      Bassett, VA900$35,49335.8%
      Ferrum, VA2,148$45,40817.9%

      Cities with similar population

      City Population Household Income National Avg.
      Maugansville, MD2,148$52,1435.7%
      Apalachin, NY2,148$61,43811.1%
      Hyde Park, PA2,148$54,0672.3%
      Split Lake (Part) 171, MB2,148n/a 
      Sewall's Point, FL2,147$125,750127.3%
      Ferrum, VA2,148$45,40817.9%
      Source: The Ferrum, VA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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