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24088 Zip Code Detailed Profile

 


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Profiles Ferrum, VA (24088) houses, apartments, residents, cars, jobs...

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City: Ferrum, VA (7.67%)
Counties: Franklin County, VA (85.06%), Patrick County, VA (14.94%)

Estimated zip code population in 2011: 5,100
Zip code population in 2010: 5,408
Zip code population in 2000: 4,286


Age and Sex of Residents in zip code 24088

Zip code 24088 (Ferrum, Virginia) real estate house value trends

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Houses and condos: 2,212
Renter-occupied apartments: 307
% of renters here:

17%
State:

33%

Mar. 2012 cost of living index in zip code 24088: 85.3 (less than average, U.S. average is 100)

Land area: 117.2 sq. mi.
Water area: 2.2 sq. mi.
Population density: 44 people per square mile 
 
  (very low).

Real estate property taxes paid for housing units in 2011:
This zip code:

0.5% ($603)
Virginia:

0.8% ($1,905)

Median real estate property taxes paid for housing units with mortgages in 2011: $673 (0.4%)
Median real estate property taxes paid for housing units with no mortgage in 2011: $534 (0.6%)

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Males: 2,616  (51.3%)
Females: 2,484  (48.7%)

For population 25 years and over in 24088:

  • High school or higher: 77.2%
  • Bachelor's degree or higher: 16.5%
  • Graduate or professional degree: 6.5%
  • Unemployed: 11.2%
  • Mean travel time to work (commute): 24.9 minutes

For population 15 years and over in 24088:

  • Never married: 36.0%
  • Now married: 48.9%
  • Separated: 0.9%
  • Widowed: 7.5%
  • Divorced: 6.6%

Zip code 24088 compared to state average:

  • Median household income below state average.
  • Median house value below state average.
  • Unemployed percentage above state average.
  • Black race population percentage below state average.
  • Hispanic race population percentage below state average.
  • Median age below state average.
  • Foreign-born population percentage significantly below state average.
  • Renting percentage below state average.
  • Number of college students above state average.
  • Percentage of population with a bachelor's degree or higher significantly below state average.

Zip code 24088 races chart

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24088, VA forum
Recent posts about zip code 24088 area on our local forum with over 1,500,000 registered users:
Looking for ideas for relocation  (7 replies)
Younger (late 50s) retiree wants small farm... WHERE??  (34 replies)
Rocky, Mount/Ferrum VA- apartments or townhomes  (3 replies)
Moving to Virginia..possibly southern VA  (5 replies)
Roanoke or Lynchburg  (106 replies)
Floyd, VA  (48 replies)
100% rural population.

Estimated median house/condo value in 2011: $123,700
24088:

$123,700
Virginia:

$243,100



According to our research of Virginia and other state lists there were 7 registered sex offenders living in 24088 zip code as of March 08, 2014.
The ratio of number of residents in zip code 24088 to the number of sex offenders is 921 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is smaller than the state average.


Median resident age:
This zip code:

32.8 years
Virginia median age:

37.6 years

Average household size:
This zip code:

2.3 people
Virginia:

2.6 people

Averages for the 2004 tax year for zip code 24088, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $31,365 (Individual Income Tax Returns)
Here:

$31,365
State:

$56,704

Salary/wage: $29,348 (reported on 84.9% of returns)
Here:

$29,348
State:

$48,441
(% of AGI for various income ranges: 82.3% for AGIs below $10k, 80.2% for AGIs $10k-25k, 85.6% for AGIs $25k-50k, 83.5% for AGIs $50k-75k, 79.9% for AGIs $75k-100k, 55.2% for AGIs over 100k)

Taxable interest for individuals: $1,431 (reported on 40.3% of returns)
This zip code:

$1,431
Virginia:

$1,688
(% of AGI for various income ranges: 4.0% for AGIs below $10k, 2.6% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 0.8% for AGIs $75k-100k, 4.2% for AGIs over 100k)

Taxable dividends: $3,491 (reported on 16.7% of returns)
Here:

$3,491
State:

$4,028
(% of AGI for various income ranges: 2.6% for AGIs below $10k, 1.6% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 7.9% for AGIs over 100k)

Net capital gain/loss: +$7,330 (reported on 12.0% of returns)
Here:

+$7,330
State:

+$14,375
(% of AGI for various income ranges: 1.5% for AGIs below $10k, 0.9% for AGIs $10k-25k, 1.1% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 12.2% for AGIs over 100k)

Profit/loss from business: +$6,825 (reported on 16.5% of returns)
Here:

+$6,825
State:

+$13,342
(% of AGI for various income ranges: 18.9% for AGIs below $10k, 6.2% for AGIs $10k-25k, 3.7% for AGIs $25k-50k, 2.6% for AGIs $50k-75k, 1.0% for AGIs $75k-100k)

IRA payment deduction: $2,766 (reported on 2.8% of returns)
24088:

$2,766
Virginia:

$2,943

Total itemized deductions: $14,544 (23% of AGI, reported on 18.2% of returns)
Here:

$14,544
State:

$21,492

Here:

22.9% of AGI
State:

21.0% of AGI
(% of AGI for various income ranges: 5.6% for AGIs $10k-25k, 6.9% for AGIs $25k-50k, 10.2% for AGIs $50k-75k, 12.5% for AGIs $75k-100k, 11.9% for AGIs over 100k)

Charity contributions deductions: $3,722 (5% of AGI, reported on 14.8% of returns)
Here:

$3,722
State:

$3,794

Here:

5.4% of AGI
State:

3.5% of AGI
(% of AGI for various income ranges: 0.8% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 2.1% for AGIs $50k-75k, 2.4% for AGIs $75k-100k, 4.4% for AGIs over 100k)

Total tax: $3,384 (reported on 72.6% of returns)
24088:

$3,384
State:

$9,537
(% of AGI for various income ranges: 3.6% for AGIs below $10k, 4.2% for AGIs $10k-25k, 6.3% for AGIs $25k-50k, 7.9% for AGIs $50k-75k, 9.9% for AGIs $75k-100k, 15.7% for AGIs over 100k)

Earned income credit: $1,605 (reported on 20.8% of returns)
Here:

$1,605
State:

$1,734

Percentage of individuals using paid preparers for their 2004 taxes: 73.2%
Here:

73%
State:

52%
(% for various income ranges: 71.8% for AGIs below $10k, 74.7% for AGIs $10k-25k, 74.7% for AGIs $25k-50k, 70.5% for AGIs $50k-75k, 62.1% for AGIs $75k-100k, 76.7% for AGIs over 100k)


Estimated median household income in 2011:
This zip code:

$40,098
Virginia:

$61,882

Ferrum, VA (24088) map

Nearest zip codes: 24102, 24067, 24055, 24079, 24168, 24185.

Percentage of family households:
This zip code:

57.5%
Virginia:

52.6%

Percentage of households with unmarried partners:
This zip code:

7.4%
Virginia:

5.3%


Likely homosexual households (counted as self-reported same-sex unmarried-partner households)
  • Lesbian couples: 1.4% of all households
  • Gay men: 0.0% of all households

Household received Food Stamps/SNAP in the past 12 months: 134
Household did not receive Food Stamps/SNAP in the past 12 months: 1,711


Women who had a birth in the past 12 months: 27 (27 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 1,331 (529 now married, 802 unmarried)


Housing units in zip code 24088 with a mortgage: 749 (26 second mortgage, 185 home equity loan, 7 both second mortgage and home equity loan)
Houses without a mortgage: 789

Median monthly owner costs for units with a mortgage: $1,087
Median monthly owner costs for units without a mortgage: $241

Residents with income below the poverty level in 2011:
This zip code:

13.1%
Whole state:

11.5%

Residents with income below 50% of the poverty level in 2011:
This zip code:

5.7%
Whole state:

6.2%

Median number of rooms in houses and condos:
Here:

5.6
State:

6.9

Median number of rooms in apartments:
Here:

5.9
State:

4.5


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Notable locations in this zip code not listed on our city pages:

Notable locations in zip code 24088: Ryans Branch Campsite (A), Smart View Overlook (B), Blue Ridge Farm Museum (C). Display/hide their locations on the map

Churches in zip code 24088 include: Republican Church (A), Rock Ridge Church (B), Rockfield Church (C), Bethany Church (D), Saint Johns Church (E), Trinity Church (F), Endicott Church (G), Faith Church (H), Union Church (I). Display/hide their locations on the map

Cemeteries: Carter Cemetery (1), Whorley Cemetery (2), Turner Cemetery (3), Thomas Cemetery (4), Randolph Cemetery (5), Ramsey-Stanley-King Cemetery (6), Rakes-Thomas Cemetery (7). Display/hide their locations on the map

Reservoirs: Adams Pond (A), Philpott Lake (B). Display/hide their locations on the map

Streams, rivers, and creeks: White Oak Creek (A), Turners Creek (B), Turkeycock Branch (C), Tharp Creek (D), Small Creek (E), Shooting Creek (F), Shively Branch (G), Roaring Run (H), Ragland Branch (I). Display/hide their locations on the map

Parks in zip code 24088 include: Mines Branch Recreation Area (1), Turkey Island Recreation Area (2), Ryans Branch Recreation Area (3), Deep Run Camp Area (4), Smart View Recreation Area (5), Rennet Bag Recreation Area (6). Display/hide their locations on the map

 

Year house built

  • 2005 or later: 36
  • 2000 to 2004: 255
  • 1990 to 1999: 394
  • 1980 to 1989: 401
  • 1970 to 1979: 301
  • 1960 to 1969: 274
  • 1950 to 1959: 183
  • 1940 to 1949: 73
  • 1939 or earlier: 295


Zip code 24088 satellite photo by USGS

Bedrooms in houses/apartments in 24088
Owner-occupied Renter-occupied
  • no bedroom: 0
  • 1 bedroom: 31
  • 2 bedrooms: 433
  • 3 bedrooms: 812
  • 4 bedrooms: 204
  • 5+ bedrooms: 58
  • no bedroom: 0
  • 1 bedroom: 68
  • 2 bedrooms: 119
  • 3 bedrooms: 48
  • 4 bedrooms: 54
  • 5+ bedrooms: 18
Cars and other vehicles available in 24088 in houses/condos/apartments
Owner-occupied Renter-occupied
  • no vehicle: 40
  • 1 vehicle: 355
  • 2 vehicles: 567
  • 3 vehicles: 355
  • 4 vehicles: 181
  • 5+ vehicles: 40
  • no vehicle: 55
  • 1 vehicle: 98
  • 2 vehicles: 104
  • 3 vehicles: 32
  • 4 vehicles: 18
  • 5+ vehicles: 0


Estimated household income distribution in 2009:

Zip code 24088 household income distribution in 2009

Zip code 24088 house/condo values in 2011

Estimate of home value of owner-occupied houses/condos in 2011 in zip code 24088:

  • Less than $10,000: 97
  • $10,000 to $14,999: 36
  • $15,000 to $19,999: 58
  • $20,000 to $24,999: 32
  • $40,000 to $49,999: 71
  • $50,000 to $59,999: 48
  • $60,000 to $69,999: 26
  • $70,000 to $79,999: 79
  • $80,000 to $89,999: 86
  • $90,000 to $99,999: 88
  • $100,000 to $124,999: 156
  • $125,000 to $149,999: 107
  • $150,000 to $174,999: 199
  • $175,000 to $199,999: 127
  • $200,000 to $249,999: 106
  • $250,000 to $299,999: 85
  • $300,000 to $399,999: 46
  • $400,000 to $499,999: 61
  • $500,000 to $749,999: 13
  • $1,000,000 or more: 17

 



24088 rent paid by renters

Rent paid by renters in 2011 in zip code 24088:

  • $250 to $299: 7
  • $300 to $349: 11
  • $350 to $399: 31
  • $400 to $449: 65
  • $450 to $499: 76
  • $650 to $699: 15
  • $700 to $749: 21
  • $1,250 to $1,499: 6
  • No cash rent: 75
 


Median gross rent in 2011: $578.

Estimated median house (or condo) value in 2011 for:

  • White Non-Hispanic householders: $130,743
  • Black or African American householders: $118,270

Estimated median house or condo value in 2011: $123,700
24088:

$123,700
Virginia:

$243,100
Lower value quartile - upper value quartile: $72,100 - $188,900

Mean price in 2011:

Detached houses: $177,973
Here:

$177,973
State:

$316,464

Mobile homes: $52,495
Here:

$52,495
State:

$77,286

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:

  • One, detached: 1,607
  • One, attached: 12
  • Two: 11
  • 3 or 4: 7
  • Mobile homes: 575

Unemployment: 11.2%
24088 zip code mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 1,477 (68%)
  • Carpooled: 164 (8%)
  • Walked: 454 (21%)
  • Worked at home: 82 (4%)
 

24088 zip code travel time to work (commute)

Travel time to work (commute)

  • Less than 5 minutes: 73
  • 5 to 9 minutes: 552
  • 10 to 14 minutes: 54
  • 15 to 19 minutes: 293
  • 20 to 24 minutes: 172
  • 25 to 29 minutes: 155
  • 30 to 34 minutes: 183
  • 35 to 39 minutes: 53
  • 40 to 44 minutes: 52
  • 45 to 59 minutes: 253
  • 60 to 89 minutes: 204
  • 90 or more minutes: 51
 

Percentage of zip code residents living and working in this county: 75.3%

Household type by relationship:

Households: 4,296
  • In family households: 3,673 (733 male householders, 555 female householders)
    1,006 spouses, 1,056 children (943 natural, 46 adopted, 69 stepchildren), 53 grandchildren, 42 brothers or sisters, 19 parents, 7 other relatives, 202 non-relatives
  • In nonfamily households: 623 (209 male householders (154 living alone)), 348 female householders (328 living alone)), 66 nonrelatives
  • In group quarters: 804 (0 institutionalized population)

Size of family households: 621 2-persons, 392 3-persons, 156 4-persons, 67 5-persons, 52 7-or-more-persons

Size of nonfamily households: 482 1-person, 75 2-persons

663 married couples with children.
198 single-parent households (61 men, 137 women).

98.5% of residents of 24088 zip code speak English at home.
0.9% of residents speak Spanish at home (83% very well, 17% well).
0.6% of residents speak other Indo-European language at home (100% very well).

Foreign born population: 33 (0.6%)
(39.4% of them are naturalized citizens)
This zip code:

0.6%
Whole state:

11.1%

Most common places of birth for the foreign-born residents:

  • Peru (61%)
  • England (39%)

Year of entry for the foreign-born population

  • 2000 or later: 0
  • 1990 to 1999: 13
  • 1980 to 1989: 0
  • Before 1980: 20

Races in zip code 24088:

White population: 4,628
Black population: 507
American Indian population: 15
Asian population: 17
Native Hawaiian and Other Pacific Islander population: 1
Some other race population: 101
Two or more races population: 38
Hispanic or Latino population: 101

Most common first ancestries reported in 24088 (%):



  • Other groups (17%)
  • Irish (11%)
  • American (11%)
  • English (8%)
  • German (7%)
  • Italian (4%)
  • Polish (3%)


Zip code 24088 topographic map


Zip code 24088 marital status for males
Zip code 24088 marital status for females


Housing units lacking complete plumbing facilities: 9.0%

Housing units lacking complete kitchen facilities: 9.0%

Most commonly used house heating fuel:

  • Electricity (51%)
  • Bottled, tank, or LP gas (17%)
  • Wood (14%)
  • Fuel oil, kerosene, etc. (13%)
  • Utility gas (4%)
  • Coal or coke (1%)

Population in 1990: 4,389. Population change in the 1990s: -103 (-2.3%).

Place of birth for U.S.-born residents:

  • This state: 3,716
  • Northeast: 329
  • Midwest: 222
  • South: 746
  • West: 54

71% of the 24088 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 43% lived in this county.
   Out of people who lived in different counties, 50% lived in Virginia.

91% of the 24088 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 76% moved from this county.
   Out of people who lived in different houses, 15% moved from different county within same state.
   Out of people who lived in different houses, 9% moved from different state.

Year Householders Moved Into Unit:

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 12
Here:

2.0%
Virginia:

9.9%

Students in private schools in grades 9 to 12 (high school): 12
Here:

8.4%
Virginia:

8.0%

Students in private undergraduate colleges: 644
Here:

67.6%
Virginia:

21.1%

Educational Attainment (%)

School Enrollment by Level of School (%)


Class of Workers (%)


Occupation by median earnings in the past 12 months ($)

  • Personal care and service occupations: 65,721
  • Architecture and engineering occupations: 65,662
  • Health diagnosing and treating practitioners and other technical occupations: 51,037
  • Community and social service occupations: 36,518
  • Business and financial operations occupations: 36,311
  • Building and grounds cleaning and maintenance occupations: 36,250

Top industries in this zip code by the number of employees in 2005:

  • Educational Services: Colleges, Universities, and Professional Schools (250-499 employees: 1 establishment)
  • Construction: Finish Carpentry Contractors (10-19: 1, 5-9: 2, 1-4: 1)
  • Accommodation and Food Services: Limited-Service Restaurants (10-19: 1)
  • Wholesale Trade: Farm Supplies Merchant Wholesalers (10-19: 1)

Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninst.)




634 people in college dormitories (includes college quarters off campus)


Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 4 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans		B) Conventional
Home Purchase Loans		C) Refinancings
D) Home Improvement Loans
E) Loans on Dwellings For 5+ Families
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)		G) Loans On Manufactured
Home Dwelling (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED17$148,22522$100,843114$135,83319$56,2321$394,97012$136,35023$88,749
APPLICATIONS APPROVED, NOT ACCEPTED0$02$72,5958$102,2052$50,9500$00$01$60,690
APPLICATIONS DENIED7$122,2294$130,48058$131,86410$45,3720$04$183,62014$75,789
APPLICATIONS WITHDRAWN1$87,4604$71,02533$137,6921$7,6800$03$272,8936$71,078
FILES CLOSED FOR INCOMPLETENESS2$132,1303$173,29310$161,4471$70,5300$02$190,3754$106,208
Choose year:  2009 2008 2007 2006 2005 2004

Detailed HMDA statistics for the following Tracts: 0206.00 , 0207.00

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 4 partial tracts)
A) Conventional
Home Purchase Loans		B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED0$02$178,600
APPLICATIONS APPROVED, NOT ACCEPTED0$00$0
APPLICATIONS DENIED0$03$155,167
APPLICATIONS WITHDRAWN0$00$0
FILES CLOSED FOR INCOMPLETENESS1$175,1500$0
Choose year:  2009 2008 2007 2006 2005 2004

Detailed PMIC statistics for the following Tracts: 0206.00 , 0207.00

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value


Most common first names in zip code 24088 among deceased individuals
NameCountLived (average)
John3077.2 years
James3071.4 years
William2770.6 years
Mary1976.5 years
George1977.3 years
Charles1476.4 years
Virginia1371.5 years
Robert1273.7 years
Harry977.1 years
Charlie965.9 years
Most common last names in zip code 24088 among deceased individuals
Last nameCountLived (average)
Young5374.0 years
Shively4177.9 years
Rakes2373.9 years
Peters2373.8 years
Ferguson2173.9 years
Woods1876.7 years
Nolen1679.0 years
Thompson1677.1 years
Ingram1581.2 years
Scott1572.8 years

Businesses in zip code 24088

  • Dairy Queen: 1
  • Subway: 1



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