Ferndale is a city in Michigan state in USA with a population of 20139 residents.. The poverty rate of Ferndale is 9.9%, which is 29% lower than national average. The typical household in Ferndale earns $77100 a year, compared to the national median of $67,500. Nearly 30.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ferndale, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ferndale remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ferndale, only 53% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Ferndale is 94, which is 6% lower than national average. Median home value in Ferndale is $178400 , which is 22% lower than national average. While median income in Ferndale remained $77100, which is 14% higher than national average.