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5.8%
State tax rate
$646
Median rent
—
Walk score
—
Crime /100K
Financial Overview
What does Ferrum actually cost?
Median rent is $646/mo in Ferrum.
VA has a 5.8% state income tax rate.
Your actual purchasing power gain or loss depends on your income, your current state's tax rate, and your housing situation. ZipSage calculates the exact dollar difference for your profile — free.
State income tax
5.8%
Median rent
$646/mo
Population
2K
Property tax rate
0.82%
Sales tax rate
5.77%
Your Personalized Report
What do your numbers look like in Ferrum?
These figures are calculated from your income, current city, and full profile — not generic estimates. Get yours free in 5 minutes.
Your annual purchasing power vs current city
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Your take-home pay after all taxes in Ferrum
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Monthly savings vs your current housing cost
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Your ZipSage match score for Ferrum
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Career outlook for your industry in Ferrum
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ZipSage verdict — is Ferrum right for you?
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Your numbers are personalized
Calculated from your income, current city, and full profile. Free in 5 minutes — no credit card.
Is Ferrum Right For You?
Strong fits — and where it may fall short
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Affordable Rent
Median rent $646/mo — well below major metro averages.
Is Ferrum right for your situation?
The data above is the same for everyone. Your personalized match score, purchasing power, and ZipSage verdict are based on your exact income, career, family, and priorities — free in 5 minutes.