Revise Franchise Results

Businesses for Sale | Ferndale, Michigan

Discover business opportunities, in or around Ferndale, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Ferndale, located in The Great Lakes State had a total population of 19,564 people.

Top Franchise Opportunities in Ferndale, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$100,000
2Business Opportunities$30,000
3Pet Franchises$90,000
4Business Services$50,000
5Sports & Leisure$60,000
6Computer & Internet Franchises$10,000
7Financial Franchises$70,000
8Food & Restaurant$25,000
9Financial Businesses$100,000
10Home Services & Repair Franchises$100,000

City Statistics and Other Information About Ferndale

Demographics

From a total population of 19,564, Ferndale has a median age of 35. The average age of males, in Ferndale, is 35 while the average age of females is 35. When you compare the median age of men and women in Ferndale, there is an average difference of 0.01 years.

Income

The median income of individuals, in Ferndale, is $62,159 while the average household income is $87,838. In 2029, the average income per capita for Ferndale is expected to be $62,159.

Additional Information

48220
Oakland County

Is Ferndale the Best Location for Franchise Opportunities and Growth?

What is the average income in Ferndale?

The median household income in Ferndale is $87,838, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Ferndale an affordable place to start a franchise?

With a median income of $87,838, Ferndale presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Ferndale's income compare to other locations?

The median income of $87,838 in Ferndale is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Ferndale have a stable workforce to support my business?

Absolutely! With 7,282 employed individuals, Ferndale offers a solid labor force to support franchise growth.

Is Ferndale a growing economy?

With a workforce of 7,282 and a median household income of $87,838, Ferndale provides a stable economic environment for new business opportunities.

Does homeownership in Ferndale indicate a stable market?

Homeownership rates at 6,824 show a strong local investment in the community, which benefits long-term franchise success.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.

We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about.