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About Ferrum, VAFerrum is located in Virginia. Ferrum, Virginia has a population of 1,845. Ferrum is more family-centric than the surrounding county with 29% households with children. The county percentage for households with children is 23%. The median household income in Ferrum, Virginia is $50,496. The median household income for the surrounding county is $58,596 compared to the national median of $66,222. The median age of people living in Ferrum is 31.9 years. Ferrum WeatherThe average high temperature in July is 86.64 degrees, with an average low temperature in January of 25.74 degrees. The annual precipitation is 48.4. Ferrum Real Estate Market Conditions
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