Apartments for rent in Ferndale, MI

Ferndale, a small city in Michigan, has a population of approximately 20,000. Young professionals can expect to fit right in, as they account for an above-average percentage of the community, while retirees are less well-represented. Overall, the city's residents, with an average age of just under 38, are younger than most cities in Michigan. Home ownership is more common than renting in the area, and 36% of residents rent. Relatively high rent costs could be a contributing factor, as the average rent of $1,027/month is substantially higher than the state average of $874.

Ferndale residents have a wide range of industries from which to choose. The five most common are scientific, retail, manufacturing, healthcare, and entertainment. Together, these industries account for 41% of the labor force in the city. Meanwhile, looking at job function, many of the city's residents work in management, which ranks as the top field in the city. Ferndale workers earn an average annual income of around $70,000, about $8,000 more than the average Michigan resident. Ferndale's average income, however, is fairly average compared to the national level ($73,345). Compared to the national average (7%), Ferndale has a large concentration of residents over the age of 25 with advanced degrees, as 10% possess a Master's or a Doctoral degree. In addition, 22% have a Bachelor's degree, which also outpaces the national average.

Ferndale residents have an average commute of about 25 minutes. Driving a car or truck is the typical mode of getting to work, opted for by 58% of residents, while public transit is not extensively used. Walking isn't a common method of commuting to work.