Ferndale Michigan Real Estate
Ferndale, Michigan, is located in Oakland County, 2 miles S of Royal Oak, Michigan and 7 miles NW of Detroit, Michigan. Ferndale has a population of 22,105.
Ferndale Homes
Ferndale properties pool is 9,872 residential properties including Ferndale new homes. Median age of real estate in Ferndale is 1944. Average Household size is 2.97 people. 3% are one bedroom homes, 31% are 2 bedroom homes, 53% are 3 bedroom homes, 12% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Ferndale Mortgage Statistics
Ferndale mortgages vs. USA median statistics
| Homes |
Ferndale |
USA |
| Homes With No Mortgage |
24% |
30% |
| Homes With Mortgage |
76% |
70% |
| First Mortgage Only |
59% |
54% |
| First & Second Mortgage or HELOC |
18% |
16% |
Ferndale Area Real Estate Tax
Ferndale Real estate Tax: Median Real Estate Taxes (2000) were $1,567 comparing to 1999 Median Family income $ 51,687. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Ferndale School District: Children make up 20.4% of Ferndale population. Ferndale has 4,504 under 18 years old residents, or 0.36 kids per one worker, or 0.46 kids per one household.
Ferndale Real Estate & Ferndale Homeownership
There are 3455.2 or 35% one person households, 3356.48 or 34% two person households, and 1480.8 or 15% three person households in Ferndale, Michigan. Median residents age is 33.5, Senior citizens (65+) make up 2,137 or 9.7%% of Ferndale population.
There are 12,619 workers (over 16 years of age) in Ferndale. Of these, 94.1% drive to work. Approximately 1.23% of workers in Ferndale take public transportation. An estimated 1.85% walk to work.
Median Ferndale homeowner's housing expences are 18.6%
Crime in Ferndale (2003), crimes per 10,000 residents per year
| Type of Crime |
Ferndale |
USA, 2003 |
| Violent Crimes |
42.07 |
47.5 |
| Robberies |
11.76 |
14.2 |
| Aggravated Assaults |
25.33 |
29.5 |
| Property Crimes |
333.86 |
358.8 |
| Burglaries |
66.05 |
74.0 |
| Larceny-Thefts |
194.53 |
241.5 |
| Motor Vehicle Thefts |
73.29 |
43.3 |
Invest in Ferndale Properties
When making a decision about buying real estate in Ferndale Michigan area, you should consider following statistical data:
| Category |
Ferndale |
USA |
| Near Medium City |
Royal Oak, Michigan |
- |
| Near Large City |
Detroit, Michigan |
- |
| Ferndale Zip Codes |
48220 |
- |
| Ferndale Area Codes |
248 |
- |
| White population |
91.46% |
75.1% |
| African-American population |
3.42% |
12.3% |
| Asian |
1.32% |
3.6% |
| American Indian & Alaskan |
0.55% |
0.9% |
| Hispanic (of any race) |
1.81% |
12.5% |
| Median Family Income (1999) |
$ 51,687% |
$42,000 |
| Population Below Poverty Level |
8.19% |
12.4% |
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