Zip code 24088: Ferrum, Virginia

Q: What city is zip code 24088?

24088 is assigned to Ferrum, Virginia. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 24088 in?

24088 is mostly in Franklin County, but it extends into 1 other county.

Q: What is the population of 24088?

About 5,017 people live in 24088, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 24088?

The median household income in 24088 is $41,769.

Q: What zip codes are near 24088?

The closest zip codes to 24088 are 24102, 24055, 24067, 24079, 24185.

Residential delivery areaFranklin CountyEastern Time

Population

5,017

Median household income

$42K

U.S. $81K

Median home value

$153K

U.S. $333K

Median rent

$643/mo

U.S. $1,413

Median age

36.5

U.S. 38.9

Land area

112 sq mi

45 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 24088

24088 is a rural zip code in Ferrum, Virginia (Franklin County), covering 112 sq mi of land. About 5,017 people live here, or 45 per square mile. The median resident is 36.5 years old, compared with 38.9 nationally.

The median household earns $41,769 a year, about 52% of the national median of $80,734. 22.1% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $152,700, or 3.7 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 78% of occupied homes are lived in by their owners, and renters pay a median of $643 a month.

21% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 34 minutes each way, and 11% of workers work from home. The most common jobs among working residents are in transportation and moving goods; sales; and office and administrative support.

How 24088 compares

Sorted from highest to lowest national percentile

Average commute34 min
89th
WeaknessU.S. 26.4 min · VA 27.3 min199th of 799 in VA
Poverty rate22.1%
88th
WeaknessU.S. 12.5% · VA 9.9%90th of 837 in VA
Government workers18.5%
79th
U.S. 14.5% · VA 20.5%422nd of 846 in VA
Homeownership rate77.9%
74th
U.S. 65.2% · VA 67.3%422nd of 836 in VA
Housing vacancy10.6%
74th
U.S. 10.1% · VA 8.7%428th of 836 in VA
Veterans6.8%
63rd
U.S. 6.2% · VA 9.4%535th of 851 in VA
Income inequality (Gini)0.447
60th
U.S. 0.483 · VA 0.471250th of 832 in VA
Healthcare workers9%
43rd
U.S. 9.7% · VA 8.5%368th of 846 in VA
Work from home10.9%
40th
U.S. 15.1% · VA 18.3%426th of 848 in VA
Residents 65 and older14.7%
36th
U.S. 17.2% · VA 16.7%656th of 852 in VA
Rent-burdened renters46.6%
34th
U.S. 51.1% · VA 48.5%357th of 774 in VA
Median age36.5
31st
U.S. 38.9 · VA 39697th of 849 in VA
Broadband access88.4%
25th
U.S. 91% · VA 91%397th of 836 in VA
Tech workers1.6%
25th
U.S. 3.8% · VA 6.5%469th of 846 in VA
Bachelor's degree or higher20.5%
22nd
U.S. 35.7% · VA 42.2%539th of 850 in VA
Uninsured rate4%
22nd
U.S. 8.4% · VA 6.9%554th of 846 in VA
Residents under 1818.4%
21st
U.S. 22% · VA 21.7%499th of 852 in VA
Unemployment rate3.1%
18th
StrengthU.S. 5.2% · VA 4.3%451st of 846 in VA
Diversity index19.6
12th
U.S. 61.4 · VA 60.7631st of 852 in VA
Median home value$152,700
10th
U.S. $332,700 · VA $383,700660th of 782 in VA
Population5,017
8th
U.S. 334,922,499 · VA 8,705,170357th of 852 in VA
Per capita income$24,489
7th
WeaknessU.S. $44,673 · VA $50,666772nd of 849 in VA
Population density45/sq mi
6th
U.S. 95/sq mi · VA 221/sq mi593rd of 852 in VA
Median earnings per worker$32,301
5th
WeaknessU.S. $49,666 · VA $54,861760th of 834 in VA
Median household income$41,769
4th
WeaknessU.S. $80,734 · VA $93,170756th of 796 in VA
Median gross rent$643
2nd
U.S. $1,413 · VA $1,579592nd of 616 in VA
Foreign-born residents0.4%
2nd
U.S. 14.1% · VA 13.1%676th of 852 in VA
Self-employed workers2.9%
1st
U.S. 10% · VA 8.6%749th of 846 in VA

Measure	24088	Franklin	VA	U.S.	National percentile	Rank in VA
Average commuteWeakness	34 min	30.2 min	27.3 min	26.4 min	89th	199th of 799
Poverty rateWeakness	22.1%	12.7%	9.9%	12.5%	88th	90th of 837
Government workers	18.5%	15.4%	20.5%	14.5%	79th	422nd of 846
Homeownership rate	77.9%	78.5%	67.3%	65.2%	74th	422nd of 836
Housing vacancy	10.6%	19%	8.7%	10.1%	74th	428th of 836
Veterans	6.8%	7.9%	9.4%	6.2%	63rd	535th of 851
Income inequality (Gini)	0.447	0.469	0.471	0.483	60th	250th of 832
Healthcare workers	9%	9.8%	8.5%	9.7%	43rd	368th of 846
Work from home	10.9%	12.5%	18.3%	15.1%	40th	426th of 848
Residents 65 and older	14.7%	24.6%	16.7%	17.2%	36th	656th of 852
Rent-burdened renters	46.6%	31.3%	48.5%	51.1%	34th	357th of 774
Median age	36.5	48.4	39	38.9	31st	697th of 849
Broadband access	88.4%	83.4%	91%	91%	25th	397th of 836
Tech workers	1.6%	1.8%	6.5%	3.8%	25th	469th of 846
Bachelor's degree or higher	20.5%	25.1%	42.2%	35.7%	22nd	539th of 850
Uninsured rate	4%	6.8%	6.9%	8.4%	22nd	554th of 846
Residents under 18	18.4%	18.5%	21.7%	22%	21st	499th of 852
Unemployment rateStrength	3.1%	2.4%	4.3%	5.2%	18th	451st of 846
Diversity index	19.6	26	60.7	61.4	12th	631st of 852
Median home value	$152,700	$240,400	$383,700	$332,700	10th	660th of 782
Population	5,017	55,130	8,705,170	334,922,499	8th	357th of 852
Per capita incomeWeakness	$24,489	$39,903	$50,666	$44,673	7th	772nd of 849
Population density	45/sq mi	80/sq mi	221/sq mi	95/sq mi	6th	593rd of 852
Median earnings per workerWeakness	$32,301	$42,775	$54,861	$49,666	5th	760th of 834
Median household incomeWeakness	$41,769	$68,849	$93,170	$80,734	4th	756th of 796
Median gross rent	$643	$829	$1,579	$1,413	2nd	592nd of 616
Foreign-born residents	0.4%	2.1%	13.1%	14.1%	2nd	676th of 852
Self-employed workers	2.9%	9.2%	8.6%	10%	1st	749th of 846

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

13%

5–17

22%

18–24

25–34

35–44

11%

45–54

16%

55–64

65–74

75+

Median age

36.5

Under 18

18.4%

65 and over

14.7%

Race and ethnicity

White89%
Black8%
Hispanic1.0%
Asian0.0%
Native American0%
Pacific Islander0.0%
Other0%
Multiracial2%

Diversity index

19.6

U.S. 61.4

Foreign-born

0.4%

U.S. 14.1%

Born in state

71.2%

Language spoken at home (households)

English only

98%

Spanish

Other Indo-European

0.8%

Asian / Pacific

Other

Households

Households: 1,813
Average household size: 2.3
Family households: 66.9%
Married couples: 49.5%
Living alone: 28.7%
Veterans (of adults): 6.8%
Male / female: 50% / 50%

Income and poverty

Household income distribution

<$25k

25%

$25–50k

29%

$50–75k

10%

$75–100k

16%

$100–150k

13%

$150–200k

$200k+

Median household income

24088

$41,769

Franklin Co.

$68,849

Virginia

$93,170

United States

$80,734

Per capita income

$24,489

U.S. $44,673

Poverty rate

22.1%

U.S. 12.5%

Households earning $150K+

7.1%

U.S. 23%

Income inequality (Gini)

0.447

U.S. 0.483

Housing

Median home value

24088

$152,700

Franklin Co.

$240,400

Virginia

$383,700

United States

$332,700

Median gross rent

24088

$643

Franklin Co.

$829

Virginia

$1,579

United States

$1,413

Types of housing

Single-family

59%

2–4 units

5–19 units

20+ units

Mobile home

37%

Boat, RV, van

Housing units: 2,027
Owner-occupied: 77.9%
Vacant: 10.6%
Median year built: 1987
Median rooms: 5.6
Renters paying 30%+ of income: 46.6%
Renters paying 50%+ of income: 23.3%
Home value to income: 3.7× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

73%

Carpooled

Transit

0.5%

Walked

Bicycle

Worked from home

11%

Other

Commute time (one way)

<10 min

10–19

17%

20–29

28%

30–44

16%

45–59

60+

21%

Average commute

34 min

U.S. 26.4 min

Unemployment

3.1%

U.S. 5.2%

In labor force

55.6%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Transportation and moving

14%

Sales

11%

Office and admin

10%

Healthcare

Cleaning and personal care

Food service

Education

Management

Production

Construction and repair

Police and fire

Engineering and science

Business and finance

Computer and math

Arts, media and sports

Farming, fishing and forestry

Legal and social services

0.5%

Industries

Education

16%

Manufacturing

14%

Health care and social assistance

11%

Retail

11%

Restaurants and hotels

Public administration

Construction

Transportation, warehousing and utilities

Other services

Finance, insurance and real estate

Professional and technical services

Arts and recreation

Agriculture and mining

Admin, support and management

Wholesale

Information

0.7%

Median earnings per worker

$32,301

U.S. $49,666

Self-employed

2.9%

U.S. 10%

Government workers

18.5%

U.S. 14.5%

Nonprofit workers

17.2%

U.S. 8.8%

Median earnings by type of work

Type of work	24088	U.S.
Management, business, science and arts	$38,684	$74,888
Service	$24,256	$26,804
Sales and office	$28,750	$40,476
Construction and maintenance	$41,506	$49,199
Production and transportation	$34,375	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

16%

High school

37%

Some college

20%

Associate's

Bachelor's

13%

Graduate

High school graduate or higher: 84.5%
Bachelor's degree or higher: 20.5%
Graduate or professional degree: 7.4%
Households with broadband: 88.4%
Cable, fiber or DSL: 55.8%
No internet access: 10%
Without health insurance: 4%
Limited-English households: 0%

Geography

City (USPS): Ferrum
State: Virginia
County: Franklin County
Center point: 36.8879° N, 80.0779° W
Land area: 112 sq mi
Water area: 0.9 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

24088 spans 2 counties

Franklin County84% of land
Patrick County16% of land

Cities and towns within this zip

Ferrum (unincorporated)8% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 24088

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
24102	Henry, VA	5.2 mi	1,291	$76,250	$173,000
24055	Bassett, VA	9.7 mi	11,814	$45,227	$125,200
24067	Callaway, VA	10 mi	2,371	$49,353	$246,300
24079	Copper Hill, VA	12 mi	1,389	$72,292	$227,400
24185	Woolwine, VA	12 mi	894	$50,156	$164,900
24146	Redwood, VA · PO box	12 mi	—	—	—
24151	Rocky Mount, VA	13 mi	18,154	$65,223	$212,600
24168	Stanleytown, VA	13 mi	204	$78,229	—
24091	Floyd, VA	14 mi	7,417	$51,319	$248,200
24072	Check, VA	14 mi	1,238	$109,500	$243,400
24089	Fieldale, VA	14 mi	2,265	$51,458	$97,100
24078	Collinsville, VA	15 mi	6,438	$53,665	$143,400

Zip codes like 24088 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 24088

What city is zip code 24088?

24088 is assigned to Ferrum, Virginia. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 24088 in?

24088 is mostly in Franklin County, but it extends into 1 other county.

What is the population of 24088?

About 5,017 people live in 24088, according to the Census Bureau's American Community Survey.

What time zone is 24088 in?

24088 is in Eastern Time.

What is the median household income in 24088?

The median household income in 24088 is $41,769.

What zip codes are near 24088?

The closest zip codes to 24088 are 24102, 24055, 24067, 24079, 24185.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 24088, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.