Ferrum CDP: Median Household Income Trend
How Ferrum CDP's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$45,409
2023
$31,750
Total change
$13,659
% change
-30.1%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $45,409 | — |
| 2019 | $48,234 | +$2,825 (6.2%) |
| 2020 | $45,408 | $2,826 (-5.9%) |
| 2021 | $35,726 | $9,682 (-21.3%) |
| 2022 | $33,967 | $1,759 (-4.9%) |
| 2023 | $31,750 | $2,217 (-6.5%) |