Ferrum vs Chesapeake
| Ferrum | Chesapeake | |
|---|---|---|
| Population | 1,717 | 249,377 |
| Median Household Income | $40,435 | $95,373 |
| Median Home Value | $188,900 | $378,400 |
| Median Gross Rent | $638/mo | $1,586/mo |
| Homeownership Rate | 69.5% | 74.4% |
| Unemployment Rate | 7.3% | 4.6% |
| Bachelor's Degree or Higher | 29.1% | 36.9% |
| Median Age | 21.8 | 37.9 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.