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2024 Compare Cities Economy:
Ferrum, VA vs Bedford, VA

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Highlights
- Household income in Bedford, is 3% more than it is in Ferrum and is 87% below the National Average.
- Ferrum unemployment rate is 4.8%.
- Bedford unemployment rate is 4.7%.

Economy
 Ferrum, VABedford, VAUnited States
 Unemployment Rate4.8%4.7%6.0%
 Recent Job Growth1.7%2.3%1.6%
 Future Job Growth28.4%31.1%33.5%
 Sales Taxes5.3%5.3%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$13,132$24,432$37,638
 Household Income$35,726$36,971$69,021
 Family Median Income$43,990$50,568$85,028
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 Est. Households By Income
 Ferrum, VABedford, VAUnited States
 Income Less Than 15K23.5%14.3%9.4%
 Income between 15K and 20K17.2%8.6%3.8%
 Income between 20K and 30K0.0%15.7%8.1%
 Income between 30K and 40K23.3%15.3%8.0%
 Income between 40K and 50K14.2%6.3%7.6%
 Income between 50K and 60K1.9%5.4%7.2%
 Income between 60K and 75K0.0%8.4%9.6%
 Income between 75K and 100K5.8%9.7%12.8%
 Income between 100K and 150K7.2%11.4%16.3%
 Income between 150K and 200K4.0%4.3%7.8%
 Income greater than 200K3.0%0.6%9.5%
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 Population By Occupation
 Ferrum, VABedford, VAUnited States
 Management, business, finance8.1%13.2%16.4%
 Engineering, computers, science4.3%4.8%6.5%
 Community, social services0.9%2.2%1.8%
 Legal0.0%1.2%1.2%
 Education, library2.8%6.4%6.2%
 Arts, design, media, sports, entertainment1.5%0.0%2.0%
 Healthcare practitioners and technology6.0%6.7%6.2%
 Healthcare support1.1%6.1%3.3%
 Firefighters, law enforcement0.6%0.1%2.1%
 Food preparation, serving11.4%4.6%5.4%
 Building maintenance7.7%3.3%3.6%
 Personal care6.3%3.7%2.6%
 Sales, office, administrative support36.3%24.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.2%9.0%8.1%
 Production, transportation, material moving9.8%13.9%13.1%

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Reviews for Ferrum    1 Reviews

Over 7 years ago

DO NOT MOVE HERE! All there is to do here is sit inside all day and play CS:GO or go walk down to a little creek and drink from it like a real Ferrum Native. Please DO  More

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Reviews for Bedford    4 Reviews

Over 15 years ago

I've lived in Beford county for 17 years and the cost of living is great! I disagree with the person who said the cost of living is high. I bought a fairly new home on  More

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Over 16 years ago

this is a really nice area and friendly folks---but the cost of living and home prices are very high---it seems that groceries are a pricey item all and all you need  More

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Over 18 years ago

Little if any culture other than wals in the woods and visits to D-Day memorial. Elks home theater is only drama  More

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ZIPS IN FERRUM, VIRGINIA
24088
ZIPS IN BEDFORD, VIRGINIA
24523

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