Ferndale is a moderately-sized city located in the state of Michigan. The city has a population of 20,167 inhabitants. Ferndale has a population density of 5,202 people per square mile. This would be considered well above the national population density level. At 86%, the majority of the Ferndale population is White; this is followed by 7% Black and 1% Asian. If finding a family friendly city is important to you, look no further. With more than 72% of the population considered married and 65% with kids under the age of 18, Ferndale could be considered a very suitable city for families.
Living in Ferndale can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of Michigan, there are many incredible places to live, so choose wisely! To help you find the best places to live in and around Ferndale, AreaVibes has created a livability score using key metrics like cost of living, employment, housing and more.
With a livability score of 76 out of 100, Ferndale is ranked #4,561 in the United States and #115 in Michigan. Clearly, Ferndale is doing something right, as this score ranks well above the average of most cities. For each of the livability categories, we know that Ferndale ranks very well for amenities (A+), crime (B-), cost of living (B-) and housing (A+). There is at least one category that did not score well in Ferndale. The following was graded with a disappointing score: weather (D) and education (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Ferndale has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Painting with a Twist, The Rust Belt Market, and GO Comedy! Improv Theater.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Ferndale has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Ferndale real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Ferndale. Median real estate prices in Ferndale come in at $111,000, which is 13.1% lower 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, which is 20% lower than the Michigan average. Year over year appreciation rates for homes in the Ferndale area were 12.6% and the 5 year appreciation rates came in at 17.1%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
|Average one way commute||23min||24min||26min|
|Workers who drive to work||83.8%||82.5%||76.4%|
|Workers who carpool||6.8%||8.8%||9.3%|
|Workers who take public transit||0.7%||1.4%||5.1%|
|Workers who bicycle||1.7%||0.5%||0.6%|
|Workers who walk||2.3%||2.2%||2.8%|
|Working from home||3.4%||3.7%||4.6%|
|Airports (within 30 miles of city center)||0 (1)||12||354|
|Amtrak train stations (within 30 miles of city center)||0 (6)||36||711|