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.
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.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Ferriday, Louisiana is a smaller city with a population of 3,328 residents. According to Census, the majority (88%) of Ferriday residents identify as Black or African American followed by 12% White and 0% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Ferriday residents is 33. Single men and women might be happy to hear that in Ferriday, only 33% of the population is married. If you are not a fan of long commutes, you will enjoy living in Ferriday. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Ferriday can be a good experience for anyone relocating to the town. Having said that, in the state of Louisiana, 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. The best areas in Ferriday and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, you will see a detailed breakdown of the most important information as well as comparisons to the Louisiana and national averages.
With a livability score of 58 out of 100, Ferriday is ranked #20,723 in the United States and #280 in Louisiana. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Ferriday may not be a pleasant experience. If we consider each of the categories on their own, we see that Ferriday ranks well for housing (A-). On a more negative note, Ferriday does not have favorable scores for the following: amenities (F), crime (F) and employment (F). If we take a look at the data, we can find out why.
The unemployment rate in Ferriday has consistently declined over the years and currently stands well below the national average at 0%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Ferriday has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Ferriday. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Ferriday are affordable. Median real estate prices in Ferriday come in at $124,452, which is 53.6% lower than the Louisiana average. The home price to income ratio compares the median home prices to the median household income. In Ferriday, the home price to income ratio is 3.1, which is 22.5% lower than the Louisiana average.
| Statistic | Ferriday | Louisiana | National |
| Average one way commute | 20min | 25min | 26min |
| Workers who drive to work | 89.0% | 82.6% | 76.4% |
| Workers who carpool | 0.0% | 9.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.3% | 5.1% |
| Workers who bicycle | 1.8% | 0.5% | 0.6% |
| Workers who walk | 4.5% | 1.8% | 2.8% |
| Working from home | 0.0% | 2.6% | 4.6% |
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