Best Places to Live in Ferrum, Virginia

Mid-sized city - Southwestern Virginia along the Blue Ridge Mountains
Pros
-Nearby mountains
-Attractive downtown
-Pleasant climate
Cons
-Future job growth
-Some industrial feel
-Air service

Find your Best Mortgage in Ferrum: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Roanoke Metro Area

Roanoke is a mid-sized commercial and transportation center located between the Blue Ridge and Appalachian mountains in the western part of the state. The city area spreads through a narrow valley surrounded by hills and mountains. The downtown area itself is an American classic with museums, shops and a famous farmer’s market in a lively historic central core known as Market Square. More modern commercial structures surround this core. On the whole Roanoke is more “old” than “new” South, but is bringing in a strong influx of northern migrants (evidenced among other things by a minor league hockey team).


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Virginia
County: Franklin County
Metro Area: Roanoke Metro Area
City: Ferrum
Zip Codes: 24088
Time zone: Eastern Standard Time (EST)
Elevation: 1176 ft above sea level

Highlights

ECONOMY
The unemployment rate in Ferrum is 4.30% (U.S. avg. is 5.20%). Recent job growth is Negative. Ferrum jobs have decreased by 0.52%. Learn More...
COST OF LIVING
Compared to the rest of the country, Ferrum's cost of living is 15.50% lower than the U.S. average. Learn More... or Compare Ferrum's Cost of Living
POPULATION
Ferrum's population is 1,888 people. Since 2000, it has had a population growth of 24.70%. Learn More...
TRANSPORTATION
Average Commute time is 24 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Ferrum is $125,400. Home appreciation the last 10 years has been -4.88%. Check out the homes in the area.
SCHOOLS
Ferrum public schools spend $10,861 per student. The average school expenditure in the U.S. is $12,383. There are about 12.5 students per teacher in Ferrum. Learn More...

Best Places to Live in Ferrum Rankings


Housing Market in Ferrum

It's a good time to buy in Ferrum. Home Appreciation is up 4.5% in the last 12 months. Browse Ferrum Real Estate.

The median home price in Ferrum is $125,400. Browse Homes in this Range.


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Reviews for Ferrum    1 Reviews
Not Fun - 5/1/2017
DO NOT MOVE HERE! All there is to do here is sit inside all day and play CS:GO or go walk down to a little creek and drink from it like a real Ferrum Native. Please DO... (Read More)

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MAPS OF FERRUM, VIRGINIA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Ferrum,Virginia Map
ZIP CODES IN FERRUM, VIRGINIA
24088