Ferrum vs Norfolk
| Ferrum | Norfolk | |
|---|---|---|
| Population | 1,717 | 236,973 |
| Median Household Income | $40,435 | $66,109 |
| Median Home Value | $188,900 | $289,900 |
| Median Gross Rent | $638/mo | $1,321/mo |
| Homeownership Rate | 69.5% | 46.3% |
| Unemployment Rate | 7.3% | 4.7% |
| Bachelor's Degree or Higher | 29.1% | 33.5% |
| Median Age | 21.8 | 32.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.