Ferrum is a city located in Franklin County Virginia. Ferrum has a 2020 population of 2,310. Ferrum is currently declining at a rate of 0.00% annually and its population has increased by 13.07% since the most recent census, which recorded a population of 2,043 in 2010. Ferrum reached it's highest population of 2,357 in 2016.
The average household income in Ferrum is $58,036 with a poverty rate of 5.88%. The median rental costs in recent years comes to - per month, and the median house value is $130,400. The median age in Ferrum is 21.1 years, 21.1 years for males, and 21.2 years for females.