Pros and Cons of Living In Ferndale, Michigan. Is Ferndale, MI a Nice Place To Live or Retire?

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Ferndale, Michigan

Moving to Ferndale In Michigan ? Is Ferndale, MI a Nice Place To Live? Pros and Cons of Living in Ferndale, Michigan. Find out the best and worst about to live, raise a family or retire in Ferndale.

Ferndale is a city in Oakland County in the U.S. state of Michigan. An inner-ring suburb of Detroit on the Woodward Corridor, Ferndale borders Detroit to the north, roughly 10 miles (16.1 km) northwest of downtown Detroit. As of the 2020 census, the city had a population of 19,190.

Ferndale is well-known for its downtown, as well as its position as the hub of the LGBTQ+ community in Metro Detroit, and a center of progressive politics.

DEMOGRAPHICS

Population
20139
Unemployment
2.9%
38% NAT AVG.
Poverty
9.9%
29% NAT AVG.
Cost Of Living
94
6% NAT AVG.

ECONOMICS

Median Home Cost
$178400
22% NAT AVG.
Median Income
$77100
14% NAT AVG.
Median Rent
$1032
11% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
360
23% NAT. AVG.
2% STATE AVG.
Violent Crime
51
34% NAT. AVG.
47% STATE AVG.
Property Crime
309
21% NAT. AVG.
13% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 34
People Earning < $10,000
1 in 19
People Earning < $50,000
30.9%
People With Any Degree
1 in 1.7

ETHNICITY

Ethnicity Ferndale USA
White 84.9% 60.1%
African American 4.3% 12.2%
American Indian 0.6% 0.6%
Asian 2.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.3% 2.8%
Hispanic 2.7% 18.2%
Other 1.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Ferndale USA
Less than $10,000 5.4% 5.8%
$10,000 to $14,999 3.8% 4.1%
$15,000 to $24,999 4.4% 8.5%
$25,000 to $34,999 7% 8.6%
$35,000 to $49,999 10.3% 12.0%
$50,000 to $74,999 15.9% 17.2%
$75,000 to $99,999 19.5% 12.8%
$100,000 to $149,999 22.4% 15.6%
$150,000 to $199,999 7.9% 7.1%

EDUCATION

Education Ferndale USA
< 9th Grade 0% 5.0%
9-12th Grade 3% 7.0%
High School or GED 15% 27.0%
Other College 22% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 34% 20.0%
Master's Degree 15% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 1% 1.0%
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. The unemployment rate of Ferndale remained 2.9%, which is 38% lower than national rate.

Cost of living in Ferndale is 94, which is 6% lower than national average. In Ferndale, only 53% of adults have a bachelor's degree and 29% have some college but no degree. 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.
Ferndale Scorecard

Jobs85%

Housing80%

Affordability85%

Safety60%

Amenities90%

Diversity70%

Education90%

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