Virginia / Franklin County

Moving to Ferrum, VA

Thinking of making a move to Ferrum, VA? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Ferrum, VA

Considering a move to Ferrum, VA? This welcoming community of 2,000 residents offers a blend of suburban charm and convenience, with median home prices around $175,000 and average rents near $820. Commute times average 25 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (59% annually), ideal for families and commuters alike. Explore Ferrum's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Ferrum, VA

Ferrum has a population of 2,000 residents, offering a diverse community with a median age of nearly 22 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 84% White, 10% Black, and 1% Asian residents, and over 4% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,000
Density
200 per sq mi
Median Age
21.8
Gender Ratio
84 males per 100 females
Non-English Speakers Percentage
3.5%

Ethnic Composition

White
84.0%
Black
10.1%
Asian
0.8%
Others
5.1%

Cost Of Living

What is the average cost of living in Ferrum, VA?

The cost of living in Ferrum is higher than the national average, with a cost of living index of 84.5. Median home values are around $175,000 and average rents for a two-bedroom apartment are approximately $820. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$175,000
Gross Rent
$820
Monthly Electricity Charges
$130
Auto Insurance
$1,110
House Owner Cost With Mortgage
$1,140
House Owner Cost Without Mortgage
$360
State Taxes
Low: 2.0%| High: 5.75%
Cost Of Living Index
84.5
Grocery
91.2
Housing
71.0
Utilities
98.6
Transportation
82.4
Health Care
93.0
Miscellaneous
89.7

Crime

Is Ferrum, VA a safe place to live?

Ferrum is considered a safe community, with a low violent crime rate of 110 incidents per 100,000 residents and a property crime chance of 1 in 143. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Virginia.

Violent Crimes Per 100k
110
Property Crimes Per 100k
700
Crime Index
810
Chance Of Violent Crime
1 in 910
Chance Of Property Crime
1 in 143

Weather

What is the weather like in Ferrum, VA year-round?

Ferrum experiences four distinct seasons, with warm summers reaching highs of 85°F and cold winters dipping to 27°F. The area receives about 45 inches of rainfall annually and enjoys sunshine on 59% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
27°F
Max
46°F

Summer

Min
63°F
Max
85°F

Spring

Min
44°F
Max
68°F

Fall

Min
45°F
Max
69°F
Average Rainfall Inches
44.5 inches
Sunny Days Percentage
59%

Neighbors

The neighborhood boasts a healthy median household income of $42,200 and a low poverty rate of 21.5%. Over 82% of residents have at least a high school diploma, and nearly 24% hold a bachelor's degree or higher. Commute times average 25 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$23,500
Household Income
$42,200
Family Income
$56,800
Per Capita Income
$17,100
Income Male
$34,500
Income Female
$27,000
Poverty Rate
21.5%
Non English Speakers
3.5%
Rent
$820
Unemployment Rate
4.7%
Public Transport Usage
0.5%
Commute Time
25.4 minutes

Education

High School or Higher
82.1%
Bachelors or More
23.7%

Education

How are the schools in Ferrum, VA?

Ferrum offers quality education options, with public schools like Ferrum Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Ferrum College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Ferrum Elementary School
Street
660 Ferrum School Rd
Phone
540-365-2014
Students
320
Student Teacher Ratio
14.6

Colleges

Name
Ferrum College
City
Ferrum
State
VA
Distance
0 miles
Students
900

Healthcare

Ferrum residents have access to quality healthcare, with major hospitals like Carilion Franklin Memorial Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.6 per 1,000 people and 89.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Carilion Franklin Memorial Hospital
Address
390 S Main St, Rocky Mount, VA 24151
Phone
(540) 483-5277
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.6
Health Insurance Coverage
89.4%
Health Care Index
67.8

Housing Market

What is the housing market like in Ferrum, VA?

The local housing market is strong, with a median home price of $175,000 and an owner-occupied rate of nearly 58%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 7.8%. Ferrum offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$175,000
Average Rent For 2 Bedroom
$820
Owner Occupied Rate
58.3%
Rental Vacancy Rate
7.8%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
1.0%
Foreclosure Rate
0.8%

DMV Information

Residents of Ferrum handle vehicle services through the Virginia Department of Motor Vehicles, conveniently located in Richmond. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Virginia
Department
Virginia Department of Motor Vehicles
Address
2300 W. Broad St., Richmond, VA 23220
Phone
1-804-497-7100

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Ferrum, VA

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Ferrum, review the core fields on this page: population 2,000, median home value $175,000, average rent for 2 bedroom $820, commute time 25.4 minutes, and sunny days percentage 59%.

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