Boones Mill vs Ferrum

A side-by-side comparison of Boones Mill and Ferrum: population, income, housing, and more.

Boones Mill and Ferrum are places in Virginia. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Ferrum has the higher population (1,622 vs 224 in Boones Mill). Boones Mill has the higher median household income ($74,625 vs $31,750 in Ferrum). Ferrum has the higher median home value ($202,500 vs $186,300 in Boones Mill).

Population, income & housing

	Boones Mill	Ferrum
Population	224	1,622
Median age	51.5 yrs	21.5 yrs
Median household income	$74,625	$31,750
Median home value	$186,300	$202,500
Median gross rent	$929	$662
Housing units	110	436
Homeownership rate	79.8%	64.9%
Bachelor's degree or higher	33.0%	28.1%
Unemployment rate	12.7%	8.4%

Trends (ACS 5-year, 2019–2023)

	Boones Mill	Ferrum
Population	169 → 224 (+32.5%)	2,310 → 1,622 (-29.8%)
Median household income	$53,125 → $74,625 (+40.5%)	$48,234 → $31,750 (-34.2%)
Median home value	$157,100 → $186,300 (+18.6%)	$130,400 → $202,500 (+55.3%)
Median gross rent	$810 → $929 (+14.7%)	$681 → $662 (-2.8%)

Boones Mill

Population

169224

Median household income

$53,125$74,625

Median home value

$157,100$186,300

Median gross rent

$810$929

Ferrum

Population

2,3101,622

Median household income

$48,234$31,750

Median home value

$130,400$202,500

Median gross rent

$681$662

Age & race/ethnicity

Age distribution (share)

	Boones Mill	Ferrum
Under 5	2.2%	3.9%
5 to 17	7.1%	6.9%
18 to 24	9.4%	57.5%
25 to 34	13.4%	6.6%
35 to 44	10.7%	3.6%
45 to 54	10.7%	3.7%
55 to 64	22.3%	10.9%
65 to 74	12.9%	5.2%
75 and over	11.2%	1.5%

Race & ethnicity (share)

	Boones Mill	Ferrum
White (non-Hispanic)	95.1%	66.2%
Black or African American	1.8%	25.4%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.1%
Some other race	0.0%	0.0%
Two or more races	3.1%	5.4%
Hispanic or Latino	0.0%	2.8%

Educational attainment (age 25+)

Share of adults 25+

	Boones Mill	Ferrum
No high school diploma	11.5%	22.6%
High school graduate	19.8%	21.2%
Some college or associate's	35.7%	28.1%
Bachelor's degree	17.6%	17.7%
Graduate or professional degree	15.4%	10.3%

Commute to work

How workers get to work (share)

	Boones Mill	Ferrum
Drove alone	82.4%	47.8%
Carpooled	16.0%	8.8%
Public transit	0.0%	2.0%
Walked	0.0%	21.4%
Bicycle	0.0%	0.3%
Worked from home	1.5%	19.8%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Boones Mill	Ferrum
1-unit, detached	96.4%	66.3%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	7.3%
5 to 19 units	0.0%	10.1%
20 or more units	0.0%	0.0%
Mobile home & other	3.6%	16.3%

Poverty & households

	Boones Mill	Ferrum
Poverty rate	3.1%	35.1%
Average household size	2.06	2.16
Mean commute (minutes)	27	25
Median year structure built	1956	1984