Zip 98248 (Ferndale, WA) Economy


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Ferndale, WA is home to many families looking for affordable housing. The 2 bedroom rent in Ferndale is an average of $1,270 per month, which is much lower than the US average of $1,430. In addition to lower rent cost, purchasers also benefit from the Grocery Cost Index that ranks at 102 compared to 100 in the US. This means groceries are cheaper than the national average.
Ferndale offers residents a variety of shopping and dining options such as Cabela’s, Walmart Supercenter, and Denney's electric supply company. There are also several restaurants like Kickin' Brew Coffee Bar & Bistro and The Oven Pizza Parlor for those looking to grab a bite to eat.

Ferndale (zip 98248) has an unemployment rate of 6.7%. The US average is 6.0%.

Ferndale (zip 98248) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Ferndale (zip 98248)
- The Sales Tax Rate for Ferndale (zip 98248) is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Ferndale (zip 98248) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ferndale (zip 98248)
- The average income of a Ferndale (zip 98248) resident is $34,882 a year. The US average is $37,638 a year.
- The Median household income of a Ferndale (zip 98248) resident is $80,716 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFerndale, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Ferndale
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We've lived in Whatcom County for over 30 years. We wouldn't live anywhere else. We just like more sunshine in winter. We have our own lake. I'm a retired nurse. Owned  More

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