Income & Economy in Ferrum CDP, VA (24067)
Median Income
$48,147
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+126
Wealth inflow
Population
2,225
Unemployment
1.0%
2.7pp below US avg
IRS migration statistics show a net inflow of about 126 for ZIP 24067 (Ferrum CDP, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 24067 (2020–Present)
Since 2020, population declined 3.0%, median income fell 32.2% (inflation-adjusted), home values decreased 1.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $48,147 |
| Unemployment | 1.0% |
| Establishments | 26 |
| Employees | 173 |