Estimated zip code population in 2017: 5,379 Zip code population in 2010: 5,408 Zip code population in 2000: 4,286
Houses and condos: 2,399 Renter-occupied apartments: 439
% of renters here:
25%
State:
33%
March 2019 cost of living index in zip code 24088: 83.8 (less than average, U.S. average is 100)
Land area: 117.2 sq. mi. Water area: 2.2 sq. mi.
Population density: 46 people per square mile
(very low).
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Real estate property taxes paid for housing units in 2017:
This zip code:
0.5% ($725)
Virginia:
0.8% ($2,194)
Median real estate property taxes paid for housing units with mortgages in 2017: $704 (0.5%) Median real estate property taxes paid for housing units with no mortgage in 2017: $763 (0.6%)
Business Search- 14 Million verified businesses
Males: 2,598
(48.3%)
Females: 2,781
(51.7%)
For population 25 years and over in 24088:
High school or higher: 79.6%
Bachelor's degree or higher: 18.9%
Graduate or professional degree: 8.3%
Unemployed: 7.5%
Mean travel time to work (commute): 27.7 minutes
For population 15 years and over in 24088:
Never married: 49.4%
Now married: 36.2%
Separated: 1.0%
Widowed: 5.0%
Divorced: 8.3%
Zip code 24088 compared to state average:
Median household income below state average.
Median house value below state average.
Black race population percentage below state average.
Hispanic race population percentage significantly below state average.
Median age below state average.
Length of stay since moving in significantly above state average.
House age significantly below state average.
Number of college students above state average.
Percentage of population with a bachelor's degree or higher significantly below state average.
Estimated median house/condo value in 2017: $133,596
24088:
$133,596
Virginia:
$273,400
According to our research of Virginia and other state lists, there were 11 registered sex offenders living in 24088 zip code as of January 19, 2021. The ratio of all residents to sex offenders in zip code 24088 is 477 to 1. The ratio of registered sex offenders to all residents in this zip code is lower than the state average.
Median resident age:
This zip code:
32.8 years
Virginia median age:
38.2 years
Average household size:
This zip code:
2.5 people
Virginia:
2.6 people
Averages for the 2012 tax year for zip code 24088, filed in 2013:
Average Adjusted Gross Income (AGI) in 2012: $37,151 (Individual Income Tax Returns)
Here:
$37,151
State:
$71,192
Salary/wage: $34,433 (reported on 83.5% of returns)
Here:
$34,433
State:
$59,229
(% of AGI for various income ranges: 74.1% for AGIs below $25k, 83.7% for AGIs $25k-50k, 80.3% for AGIs $50k-75k, 81.2% for AGIs $75k-100k, 67.8% for AGIs $100k-200k)
Taxable interest for individuals: $1,030 (reported on 33.5% of returns)
This zip code:
$1,030
Virginia:
$1,600
(% of AGI for various income ranges: 1.8% for AGIs below $25k, 0.5% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 1.3% for AGIs $100k-200k)
Ordinary dividends: $4,632 (reported on 15.8% of returns)
Here:
$4,632
State:
$6,959
(% of AGI for various income ranges: 1.5% for AGIs below $25k, 1.0% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 5.2% for AGIs $100k-200k)
Net capital gain/loss in AGI: +$1,971 (reported on 8.9% of returns)
Here:
+$1,971
State:
+$16,672
(% of AGI for various income ranges: 0.2% for AGIs below $25k, 0.6% for AGIs $50k-75k, 1.5% for AGIs $100k-200k)
Profit/loss from business: +$7,816 (reported on 15.8% of returns)
Here:
+$7,816
State:
+$14,116
(% of AGI for various income ranges: 8.5% for AGIs below $25k, 3.0% for AGIs $25k-50k, 3.9% for AGIs $50k-75k, 2.5% for AGIs $75k-100k)
Taxable individual retirement arrangement distribution: $8,733 (reported on 9.5% of returns)
24088:
$8,733
Virginia:
$16,667
(% of AGI for various income ranges: 2.7% for AGIs below $25k, 1.6% for AGIs $25k-50k, 2.0% for AGIs $50k-75k, 6.2% for AGIs $75k-100k)
Total itemized deductions: $18,641 (23% of AGI, reported on 17.1% of returns)
Here:
$18,641
State:
$26,596
Here:
23.3% of AGI
State:
20.1% of AGI
(% of AGI for various income ranges: 3.2% for AGIs below $25k, 6.5% for AGIs $25k-50k, 9.3% for AGIs $50k-75k, 10.1% for AGIs $75k-100k, 13.1% for AGIs $100k-200k)
Charity contributions: $4,027 (reported on 13.9% of returns)
Here:
$4,027
State:
$4,443
(% of AGI for various income ranges: 1.1% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 2.9% for AGIs $100k-200k)
Taxes paid: $5,226 (reported on 17.1% of returns)
24088:
$5,226
State:
$9,951
(% of AGI for various income ranges: 0.4% for AGIs below $25k, 1.1% for AGIs $25k-50k, 2.3% for AGIs $50k-75k, 3.1% for AGIs $75k-100k, 4.9% for AGIs $100k-200k)
Earned income credit: $2,068 (reported on 25.9% of returns)
Here:
$2,068
State:
$2,211
(% of AGI for various income ranges: 6.7% for AGIs below $25k, 1.3% for AGIs $25k-50k)
Percentage of individuals using paid preparers for their 2012 taxes: 65.8%
Here:
66%
State:
46%
(% for various income ranges: 62.3% for AGIs below $25k, 69.8% for AGIs $25k-50k, 66.7% for AGIs $50k-75k, 72.7% for AGIs $75k-100k, 66.7% for AGIs $100k-200k)
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)
Household received Food Stamps/SNAP in the past 12 months: 222 Household did not receive Food Stamps/SNAP in the past 12 months: 1,506
Women who had a birth in the past 12 months: 35 (35 now married, 0 unmarried) Women who did not have a birth in the past 12 months: 1,592 (345 now married, 1,257 unmarried)
Housing units in zip code 24088 with a mortgage: 722 (55 home equity loan) Houses without a mortgage: 570
Median monthly owner costs for units with a mortgage: $925 Median monthly owner costs for units without a mortgage: $288
Residents with income below the poverty level in 2017:
This zip code:
11.1%
Whole state:
10.6%
Residents with income below 50% of the poverty level in 2017:
This zip code:
4.9%
Whole state:
5.6%
Median number of rooms in houses and condos:
Here:
6.0
State:
7.0
Median number of rooms in apartments:
Here:
5.7
State:
4.4
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
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
Cars and other vehicles available in Ferrum, VA (24088) in owner-occupied houses/condos
9no vehicle
2861 vehicle
4972 vehicles
3253 vehicles
1384 vehicles
445+ vehicles
Cars and other vehicles available in Ferrum, VA (24088) in renter-occupied apartments
92no vehicle
1631 vehicle
1682 vehicles
93 vehicles
74 vehicles
05+ vehicles
Zip code 24088 household income distribution in 2017
140Less than $10,000
116$10,000 to $14,999
161$15,000 to $19,999
33$20,000 to $24,999
109$25,000 to $29,999
101$30,000 to $34,999
113$35,000 to $39,999
61$40,000 to $44,999
145$45,000 to $49,999
114$50,000 to $59,999
103$60,000 to $74,999
313$75,000 to $99,999
39$100,000 to $124,999
96$125,000 to $149,999
34$150,000 to $199,999
13$200,000 or more
Estimate of home value of owner-occupied houses/condos in 2017 in zip code 24088
16Less than $10,000
19$20,000 to $24,999
25$25,000 to $29,999
68$30,000 to $34,999
17$35,000 to $39,999
24$40,000 to $49,999
38$50,000 to $59,999
18$60,000 to $69,999
28$70,000 to $79,999
40$80,000 to $89,999
57$90,000 to $99,999
271$100,000 to $124,999
96$125,000 to $149,999
125$150,000 to $174,999
72$175,000 to $199,999
111$200,000 to $249,999
101$250,000 to $299,999
46$300,000 to $399,999
15$1,000,000 to $1,499,999
Rent paid by renters in 2017 in zip code 24088
60Less than $100
38$300 to $349
116$400 to $449
38$500 to $549
43$550 to $599
103No cash rent
Median gross rent in 2017: $549.
Median price asked for vacant for-sale houses and condos in 2017: $131,686.
Estimated median house (or condo) value in 2017 for:
White Non-Hispanic householders: $141,203
Black or African American householders: $127,732
Estimated median house or condo value in 2017: $133,596
24088:
$133,596
Virginia:
$273,400
Lower value quartile - upper value quartile: $94,965 - $195,208
Housing units in structures:
One, detached: 1,459
Two: 34
20 to 49: 65
Mobile homes: 826
Unemployment: 7.5%
Means of transportation to work in zip code 24088
62.1%1,518Drove a car alone
9.1%222Carpooled
0.7%16Bus or trolley bus
13.5%330Walked
15.4%376Worked at home
Travel time to work (commute) in zip code 24088
102Less than 5 minutes
3865 to 9 minutes
11510 to 14 minutes
26015 to 19 minutes
34120 to 24 minutes
11725 to 29 minutes
19530 to 34 minutes
2835 to 39 minutes
11040 to 44 minutes
18945 to 59 minutes
19660 to 89 minutes
5090 or more minutes
Percentage of zip code residents living and working in this county: 78.0%
Household type by relationship:
Households: 4,237
In family households: 3,464 (407 male householders, 707 female householders)
826 spouses, 1,265 children (1,129 natural, 54 adopted, 83 stepchildren), 61 grandchildren, 7 brothers or sisters, 47 parents, 66 other relatives, 41 non-relatives
In nonfamily households: 774 (325 male householders (191 living alone)), 291 female householders (266 living alone)), 157 nonrelatives
In group quarters: 1,126 (0 institutionalized population)
Size of family households: 581 2-persons, 211 3-persons, 134 4-persons, 60 5-persons, 120 6-persons, 8 7-or-more-persons
Size of nonfamily households: 458 1-person, 158 2-persons
646 married couples with children.
138 single-parent households (5 men, 133 women).
98.0% of residents of 24088 zip code speak English at home.
0.9% of residents speak Spanish at home (83% very well, 17% well).
0.3% of residents speak other language at home (100% very well).
Foreign born population: 8 (0.2%) (0.0% of them are naturalized citizens)
:
0.2%
Whole state:
12.5%
88%United Kingdom, excluding England and Scotland
42%American
8%Irish
2%German
2%English
2%Syrian
2%Scotch-Irish
1%Dutch
Year of entry for the foreign-born population
02010 or later
182000 to 2009
191990 to 1999
23Before 1990
Housing units lacking complete plumbing facilities: 11.5% Housing units lacking complete kitchen facilities: 14.0%
65.6%Electricity
17.2%Wood
9.3%Fuel oil, kerosene, etc.
6.3%Bottled, tank, or LP gas
1.1%Other fuel
0.5%Utility gas
Population in 1990: 4,389.
Place of birth for U.S.-born residents:
This state: 4,059
Northeast: 367
Midwest: 120
South: 676
West: 67
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.
89% of the 24088 zip code residents lived in the same house 1 year ago. Out of people who lived in different houses, 94% moved from this county. Out of people who lived in different houses, 4% moved from different state.
Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 7
Here:
2.1%
Virginia:
10.1%
Students in private schools in grades 9 to 12 (high school): 40
Here:
11.9%
Virginia:
9.0%
Students in private undergraduate colleges: 1,036
Here:
81.7%
Virginia:
19.8%
Occupation by median earnings in the past 12 months ($)
56,927Architecture and engineering occupations
51,947Management occupations
51,200Health diagnosing and treating practitioners and other technical occupations
42,916Education, training, and library occupations
37,622Material moving occupations
36,354Health technologists and technicians
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)
(48.3%)
(51.7%)
Nearest zip codes: 24102, 24067, 24055, 24079, 24168, 24185.
