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2024 Compare Cities Economy:
Ferrum, VA vs Newark, DE

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Highlights
- Household income in Newark, is 73% more than it is in Ferrum and is 12% below the National Average.
- Ferrum unemployment rate is 4.8%.
- Newark unemployment rate is 5.6%.

Economy
 Ferrum, VANewark, DEUnited States
 Unemployment Rate4.8%5.6%6.0%
 Recent Job Growth1.7%2.7%1.6%
 Future Job Growth28.4%30.4%33.5%
 Sales Taxes5.3%0.0%6.2%
 Income Taxes5.8%5.6%4.6%
 Income per Cap.$13,132$29,480$37,638
 Household Income$35,726$61,646$69,021
 Family Median Income$43,990$100,100$85,028
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 Est. Households By Income
 Ferrum, VANewark, DEUnited States
 Income Less Than 15K23.5%14.8%9.4%
 Income between 15K and 20K17.2%4.0%3.8%
 Income between 20K and 30K0.0%10.7%8.1%
 Income between 30K and 40K23.3%7.4%8.0%
 Income between 40K and 50K14.2%7.1%7.6%
 Income between 50K and 60K1.9%5.2%7.2%
 Income between 60K and 75K0.0%8.7%9.6%
 Income between 75K and 100K5.8%13.0%12.8%
 Income between 100K and 150K7.2%13.3%16.3%
 Income between 150K and 200K4.0%8.6%7.8%
 Income greater than 200K3.0%7.3%9.5%
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 Population By Occupation
 Ferrum, VANewark, DEUnited States
 Management, business, finance8.1%13.6%16.4%
 Engineering, computers, science4.3%9.4%6.5%
 Community, social services0.9%2.6%1.8%
 Legal0.0%1.0%1.2%
 Education, library2.8%14.7%6.2%
 Arts, design, media, sports, entertainment1.5%3.5%2.0%
 Healthcare practitioners and technology6.0%3.1%6.2%
 Healthcare support1.1%1.3%3.3%
 Firefighters, law enforcement0.6%2.8%2.1%
 Food preparation, serving11.4%8.3%5.4%
 Building maintenance7.7%1.6%3.6%
 Personal care6.3%5.6%2.6%
 Sales, office, administrative support36.3%19.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.2%5.4%8.1%
 Production, transportation, material moving9.8%7.7%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 Newark    8 Reviews

Over 12 years ago

Generally, Delaware public schools are dreadful. Most people that can afford it choose to invest in their child or children by sending them anywhere but to a Delaware  More

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I have lived in Newark for 27 years. My great-grandmother owned the Windy Hills development when it was a farm, and my father even grew up in the same house that I did.  More

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I am thinking of moving to Newark, but wanted to know if commuting to Philly is possible, especially outside of 9-5 hours. I see PATCO runs to Newark, but I don't know  More

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ZIPS IN FERRUM, VIRGINIA
24088
ZIPS IN NEWARK, DELAWARE
19711 19717 19716

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