Last updated: 2024 BLS data · Page refreshed:
Ferron has a population of 1,517 with a median age of 28.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,517 |
| Median Age | 28.5 |
| White | 99.7% |
| Hispanic or Latino | 1.3% |
The median household income in Ferron is $70,947, which is 12.0% below the national median of $80,610. The per capita income is $21,501. The poverty rate is 17.7%.
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In Ferron, 94.2% of residents age 25+ have a high school diploma or higher, and 20.4% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.2% |
| Bachelor's Degree or Higher | 20.4% |
| Graduate or Professional Degree | 4.0% |
The median home value in Ferron is $216,000, below the national median of $303,400. The median monthly rent is $543. The homeownership rate is 68.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $216,000 |
| Median Monthly Rent | $543 |
| Homeownership Rate | 68.6% |
| Vacancy Rate | 6.9% |
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