Whatcom County · Washington · West · 16k residents
Ferndale, WA: economy, jobs & business costs
The site-selection read on Ferndale: labor costs, talent, corporate tax, energy, and business activity, with the Washington median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,334/wk. Washington's corporate income tax rate is 0%. Commercial electricity averages 10.0¢/kWh.
Compare Ferndale side by side
Avg. weekly wage
$1,334/wk
Corporate income tax
0%
Bachelor's degree or higher
36.9%
Commercial electricity
10.0¢/kWh
Economic momentum
How fast Ferndale's economy is moving, ranked against the US cities we track.
66/100
Steady
Ranks Ferndale's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $549,300 |
| Price per sq. ft. | $350 |
| Property tax rate | 0.87% |
| 1-bedroom rent | $1,167/mo |
| 2-bedroom rent | $1,418/mo |
| State & local income tax | 0% |
| Sales tax | 9.4% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,334/wk |
| Bachelor's degree or higher | 36.9% |
| Commercial electricity | 10.0¢/kWh |
| Businesses per 1k residents | 31.8/1k |
| Wage: Software developer | $128,250 |
| Wage: Registered nurse | $124,200 |
| Wage: General manager | $125,840 |
| Wage: Customer service | $46,940 |
| Wage: Warehouse worker | $41,750 |
| Wage: Heavy truck driver | $61,890 |
| Wage: Electrician | $97,590 |
| Wage: Retail salesperson | $37,840 |
| Cost of living index | 116 |
| Groceries index | 106 |
| Utilities | $155/mo |
| Transit pass | $99/mo |
| Gas price | $4.10/gal |
| Healthcare index | 104 |
| Childcare (per child) | $1,500/mo |
| Median household income | $87,579 |
| Unemployment rate | 4.3% |
| Population | 16k |
| Crime index | 50/100 |
| School rating | 6.5/10 |
| Walkability | 30/100 |
| Disaster risk | 91/100 |
| Avg. commute | 28 min |
| Sunny days / year | 155 days |
| July high | 73°F |
| January low | 34°F |
| Annual snowfall | — |
| Home price YoY | +0.3% |
| Home price MoM | -0.2% |
| Rent YoY | +4.9% |
| Rent MoM | +0.2% |
| Employment (jobs) YoY | +0.5% |
| Building permits YoY | +48.2% |
| Ocean coast | 9 mi |
| Big lake | 279 mi |
| Mountains | 36 mi |
| Major airport | 98 mi |
| Ski resort | 43 mi |
Popular comparisons
Nearby
- Lynden, WA · 16k
- Bellingham, WA · 93k
- Anacortes, WA · 18k
- Mount Vernon, WA · 35k
- Oak Harbor, WA · 24k
Similar size
- Lakeland North, WA · 16k
- Lake Stickney, WA · 16k
- Sunnyside, WA · 16k
- Fort Lewis, WA · 15k
- Aberdeen, WA · 17k
Real listings in Ferndale
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Ferndale a good place to run a business?
- Washington's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,334/wk; commercial electricity averages 10.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Ferndale, WA?
- Ferndale indexes at 116 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,418/mo and a acs median home value of $549,300.
- How much does a house cost in Ferndale?
- The acs median home value in Ferndale is $549,300 (Census ACS estimate; individual listings vary).
- How much is rent in Ferndale?
- A two-bedroom in Ferndale rents for about $1,418/mo.