Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

0 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $995

Average Rent as Percentage of Gross Income

Median rent for 2018: $723

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $2,051
--Home Prepared Food $1,156
--Restaurant/Takeaway Food $895
Alcoholic Beverages $151
Housing $5,199
--Rent/Mortgage/Upkeep/Taxes $3,040
--Utilities $1,048
--Operations $395
--Supplies $193
--Furnishings $525
Apparel $482
--Men & Boys $108
--Women & Girls $195
--Children < 2 $2
--Footwear $102
Transportation $2,525
--New Vehicles $472
--Used Vehicles $539
--Fuel $545
--Insurance $252
--Public Transit $212
Healthcare $1,286
Entertainment $834
--Pets $171
--Toys $41
Personal Care Products $199
Books & Literature $28
Education $364
Tobacco Products $90
Miscellaneous $256
Retirement $488
Non-health Insurance $1,888
Total Expenditures $15,842

Selected Population Data

Period Geography Population
2014 Ferrum CDP, Virginia 1,888
2015 Ferrum CDP, Virginia 1,996
2016 Ferrum CDP, Virginia 2,357
2017 Ferrum CDP, Virginia 2,235
2018 Ferrum CDP, Virginia 2,233