Ferndale, MI
19,190Residents
$94,640Median household income
$1,311/moMedian gross rent
$247,700Median home value
37.3Median age
58%Adults with a bachelor’s degree or higher
67%Homes lived in by their owners
2.6×Home value to household income
Median rent takes about 17% of the median household income in Ferndale.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $52,000 a year. In Michigan that leaves roughly $3,479 a month after tax. See the full paycheck breakdown for $50,000.
Largest places in Michigan
All cities in Michigan · Highest-paying jobs in Michigan
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.