Ferrum employment information

Income per capita$10,791$33,958$28,555
Median household income$34,096$64,792$53,482
Median income owner occupied$36,439$80,325$68,142
Median income renter occupied$19,717$41,321$33,219
Median earnings male$4,145$41,629$36,116
Median earnings female$4,929$28,890$25,692
Unemployment rate7.3%4.5%5.8%
Poverty level19.0%11.5%15.6%

Did you know?

  • The income per capita in Ferrum is 62% lower than the national average.
  • The median household income in Ferrum is 36% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Ferrum is 25% higher than the national average.
  • The poverty level in Ferrum is 22% higher than the national average.

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Compare Ferrum, VA Employment To Other Cities

Employment status

Hours worked per week

Ferrum median earnings by income bracket

Ferrum employment by industry

Labour TypeMaleFemale
Construction industry2.1%0.0%
Manufacturing sector12.5%3.3%
Financial & insurance services2.4%0.0%
Wholesale & retail services22.7%9.9%
Public administration0.0%2.7%
Transportation, warehousing & utilities0.0%3.1%
Education, health & social services29.3%56.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Boones Mill, VA166$55,0003%
Stanleytown, VA1,207$42,89120%
Henry Fork, VA1,142$41,08323%
Collinsville, VA7,632$36,21032%
Bassett, VA1,139$28,44647%
Ferrum, VA1,888$34,09636%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Millville, UT1,888$76,35043%
Ganado, TX1,888$35,50034%
Star City, WV1,888$42,55720%
Italy, TX1,888$41,89022%
Syracuse, NE1,887$45,98214%
Ferrum, VA1,888$34,09636%
Source: The Ferrum, VA employment data displayed above is derived from the United States Census Bureau.