24088 ZIP Code – Ferrum, Virginia
24088 is a small ZIP code in Ferrum, Virginia, part of Franklin County with a population of approximately 4,983 residents. Residents earn a median household income of $34,188, which is well below the Virginia average and well below the national figure. The median home value of $121,600 is well below the national average, with 77.9% owner-occupied housing (decreasing). , and the median rent of $644 is well below the national average. Housing consists of 61% single-family (decreasing).
At 3.6%, the unemployment rate is below the national figure. About 19.0% of residents live below the poverty line, above the national rate. About 18.0% of residents have completed a four-year degree, below the national rate. At 36.9, the median age is near the national figure. ZIP codes in the surrounding area include 24102, 24067, 24055.
ZIP Code 24088 Data
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ZIP 24088 vs. Virginia vs. U.S.
| Metric | ZIP 24088 | VA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 4,983 | 9,766 | 10k |
| Median Household Income | $34k | $80k | $73k |
| Median Home Value | $121k | $296k | $258k |
| Median Rent | $644 | $1,227 | $1,088 |
| Median Age | 36.9 | 44.5 | 43.2 |
| Unemployment Rate | 3.6% | 4.3% | 5.0% |
| Poverty Rate | 19.0% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 18.0% | 29.9% | 26.9% |
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Nearby ZIP Codes
- 24102 – Henry
- 24067 – Callaway
- 24055 – Bassett
- 24079 – Copper Hill
- 24185 – Woolwine
- 24151 – Rocky Mount
- 24072 – Check
- 24168 – Stanleytown
- 24091 – Floyd
- 24089 – Fieldale
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 24102 | HENRY | 1,491 | $56,625 |
| 24067 | CALLAWAY | 2,212 | $49,861 |
| 24055 | BASSETT | 11,647 | $36,210 |
| 24079 | COPPER HILL | 1,911 | $77,898 |
| 24185 | WOOLWINE | 678 | $71,012 |