Ferrum is located in Franklin county Virginia with a geographic area of 9.1 square miles. The total population in Ferrum is 2,148 with 55.2% male and 44.8% female. Children under age 5 represent 0.0% of the population, under age 18 equal 6.9% of the population and over age 65 is 9.0% of the population. The median household income is $45,408, per capita income is $13,717. There are a total of 437 housing units with 85.4% owner occupied. Education includes 33.6% of residents that are high school graduates and 18.8% with a bachelor's degree or higher. The average temperature in Ferrum in the summer is 71 degrees, and in the winter 35 degrees.