HomeMichiganOakland CountyFerndale
Ferndale, Michigan: commercial real estate data.
Ferndale is a Census city of 19,190 people across 3.88 square miles of land, in Oakland County. Median household income is $94,640, 66.6 percent of occupied homes are owned, and the SBA record carries 71 7(a) approvals to borrowers here worth $24.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ferndale
What Ferndale is
- Census place typecity
- Land area3.88 sq mi
- Water area0 sq mi
- Population per square mile of land4,950
- County holding the largest share of its areaOakland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ferndale
How many people live in Ferndale
- Population19,190
- Median age37.3
- Population under 181,854
- Share under 189.7 percent
- Population 65 and over2,277
- Share 65 and over11.9 percent
- Households10,348
- Family households3,979
- Share of households that are families38.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ferndale
Income and work in Ferndale
- Median household income$94,640
- Per capita income$62,094
- Civilian labor force13,968
- Employed13,455
- Unemployed513 plus or minus 252
- Unemployment rate3.7 percent plus or minus 1.8
- Adults 25 and over16,151
- Adults 25 and over with a high school diploma or higher96.3 percent
- Adults 25 and over with a bachelor degree or higher57.9 percent
- Adults 25 and over with a graduate degree21.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ferndale
Housing in Ferndale
- Housing units10,927
- Occupied units10,348
- Vacant units579 plus or minus 268
- Vacancy rate5.3 percent plus or minus 2.4
- Owner occupied6,889
- Renter occupied3,459
- Ownership rate66.6 percent
- Median owner-occupied home value$247,700
- Median gross rent, monthly$1,311
- Annual rent as a share of median income16.6 percent
- Single family units8,628
- Share single family79.0 percent
- Units in buildings of two or more2,246
- Share in buildings of two or more20.6 percent
- Mobile homes53 plus or minus 49
- Median year structure built1945
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ferndale
How Ferndale gets to work
- Workers 16 and over who commute9,496
- Commuting under 15 minutes1,550
- Share commuting under 15 minutes16.3 percent
- Commuting 30 minutes or more2,688
- Share commuting 30 minutes or more28.3 percent
- Drove alone65.1 percent
- Carpooled4.0 percent plus or minus 1.4
- Public transport0.0 percent
- Walked2.1 percent plus or minus 0.7
- Worked from home28.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ferndale
SBA loans in Ferndale (7(a))
- Approvals71
- Gross approval$24,485,100
- Average approval$344,861
- Median approval$150,000
- Ninetieth percentile approval$635,000
- Largest approval$5,000,000
- Jobs supported792
- Jobs per approval11.2
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.3 percent
- Share to franchises4.2 percent
- Distinct lenders28
- Distinct industries by NAICS43
Counted by borrower city: approvals to borrowers whose address is in Ferndale, in any county, FY2020 to FY2026. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ferndale
SBA loans in Ferndale (504)
- Approvals16
- Gross approval$9,686,000
- Average approval$605,375
- Median approval$510,000
- Largest approval$1,333,000
- Jobs supported223
- Loans with a final outcome7
- Charged off1
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Ferndale, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Ferndale
Flood risk in Ferndale
- NFIP communityCity of Ferndale
- NFIP community number260262
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of Ferndale participates in the National Flood Insurance Program as community 260262 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Oakland County, not Ferndale
Oakland County context, not Ferndale figures
- Establishments in Oakland County39,792
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Housing units permitted, Oakland County2,886
Every figure in this section is published for Oakland County as a whole and is not a measurement of Ferndale.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Ferndale questions, answered from the record.
How many people live in Ferndale, Michigan?
19,190, in 10,348 households. Ferndale city covers 3.88 square miles of land, which is 4,950 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ferndale in?
Oakland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Ferndale?
$94,640. The median owner-occupied home is valued at $247,700. Median gross rent is $1,311 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ferndale businesses?
71 7(a) approvals totaling $24.5 m since FY2020, across 28 lenders, median approval $150,000, plus 16 504 approvals worth $9.7 m since FY2010. These count approvals to borrowers whose address is in Ferndale, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ferndale borrowers get paid back?
No rate is published for Ferndale. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Ferndale in the National Flood Insurance Program?
Yes. Ferndale appears in the FEMA Community Status Book as Ferndale, city of, community 260262, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Ferndale figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Ferndale.
Is zoning published for Ferndale?
No. Nothing on this page presents parcel level zoning.