Ferndale 89 Exceptional
Ferndale Livability #9 ranked city in Michigan#117 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Ferndale

PROS
  • Amenities

    The area boasts an ample array of local amenities, such as restaurants, entertainment options, grocery stores and parks, all conveniently located within walking distance.

  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Cost Of Living

    The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Nothing Found

    There are no cons identified for this area, as none of the categories received a poor score.

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What's it like Living in Ferndale?

Located in the state of Michigan, Ferndale is a moderately-sized city with a population of 20,139 residents. In Ferndale, there are 5,194 people per square mile, which is well above the national population density average. The majority of Ferndale residents report their race to be White; this is followed by Black and Asian. Single men and women might be happy to hear that in Ferndale, only 38% of the population is married. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Ferndale, your commute times will be about average, with a one way commute time of 25 minutes.

Living in Ferndale can be a great experience for anyone relocating to the area. Having said that, in the state of Michigan, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Ferndale, AreaVibes has created a livability score using key metrics like amenities, crime, housing and more.

Using data and statistics Ferndale has received a livability score of 90/100. This score is ranked in the 99th percentile when compared to all other cities. Based on this score, Ferndale would be considered a very livable city! Ferndale is also ranked in the top 10 percentile of all cities across the USA. Based on the grades for each individual category, Ferndale has been rewarded with high marks for crime (A-), cost of living (A+) and employment (A).

Ferndale has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that Ferndale has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives. Some of the interesting things to do and attractions include: Painting with a Twist, The Rust Belt Market, and GO Comedy! Improv Theater.

The Ferndale unemployment rate of 2.34% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Ferndale apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Ferndale is actually affordable. Median real estate prices in Ferndale come in at $178,400, which is 39.6% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Ferndale, the home price to income ratio is 2.3, which is 8% lower than the Michigan average.

Best Places to Live in and Around Ferndale

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How Do You Rate The Livability In Ferndale?

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Compare Ferndale, MI Livability

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      Ferndale transportation information

      Statistic Ferndale Michigan National
      Average one way commute25min24min26min
      Workers who drive to work78.7%82.5%76.4%
      Workers who carpool6.2%8.8%9.3%
      Workers who take public transit0.4%1.4%5.1%
      Workers who bicycle1.0%0.5%0.6%
      Workers who walk1.7%2.2%2.8%
      Working from home11.6%3.7%4.6%
      Source: The Ferndale, MI data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).