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Best Economics Schools Near Ferndale, MI (2026)
Ferndale, Michigan has 22 accredited schools offering economics programs, with tuition ranging from $5,870 to $60,946 per year for indexed programs. Ferndale has a population of about 19,156. Median household income is $91,732 (Census ACS 2023, 5-year). About 56.5% of adults 25+ hold a bachelor’s degree or higher. In the Detroit-Warren-Dearborn, MI metro area, the top-earning economics-related role is Economist at a median $106,350 annually (BLS OEWS, May 2025).
Closest Economics Schools to Ferndale
The accredited institutions listed below are the closest in our directory that offer economics programs near Ferndale, ranked by BOC Score and straight-line distance from Ferndale city center. The list is rebuilt from federal IPEDS data on every site update.
No school data available.
Source: IPEDS / College Scorecard (2023 cohort). Browse all Michigan schools on the Michigan economics page.
Economics Wages Near Ferndale
Ferndale is part of the Detroit-Warren-Dearborn, MI metro area (BLS area code 19820). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Michigan statewide.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| Economist | $106,350 | Detroit-Warren-Dearborn, MI | $106,032 |
| Financial and Investment Analyst | $101,550 | Detroit-Warren-Dearborn, MI | $101,246 |
| Statistician | $102,710 | MI statewide | $102,403 |
| Management Analyst | $100,570 | Detroit-Warren-Dearborn, MI | $100,269 |
Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
Ferndale at a Glance
| Metric | Value | Source |
|---|---|---|
| Population | 19,156 | Census ACS 2023 5-yr (B01003) |
| Median household income | $91,732 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 56.5% | Census ACS 2023 5-yr (B15003) |
| Regional Price Parity (US=100) | 100.3 (above U.S. average) | BEA RPP 2024 |
Other Ferndale-Area Cities With Economics Programs
- Oak Park, MI – 2.6 mi away (29,645 pop)
- Royal Oak, MI – 3.6 mi away (59,006 pop)
- Madison Heights, MI – 3.6 mi away (30,088 pop)
- Detroit, MI – 5.4 mi away (3,520,589 pop)
- Warren, MI – 5.8 mi away (135,125 pop)
Frequently Asked Questions
How many accredited economics schools are near Ferndale, MI?
Our directory has 22 accredited schools offering economics programs near Ferndale. The closest is University of Detroit Mercy in Detroit, MI (3.1 miles), and the farthest of the schools shown is Owens Community College (63.7 miles). 10 of the highlighted schools are flagged as offering distance education.
What are the highest-paying economics roles near Ferndale?
Based on BLS OEWS May 2025 wage data, the top-paying economics-related roles near Ferndale are: Economist ($106,350), Statistician ($102,710), Financial and Investment Analyst ($101,550). These reflect MSA-level medians where published, with Michigan statewide fallback for occupations not reported at the metro level.
Should I look at programs in Oak Park instead of Ferndale?
Oak Park, MI is 2.6 miles from Ferndale and has its own set of local economics programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Is Ferndale an affordable place to study economics?
Ferndale’s median household income of $91,732 (Census ACS 2023) is one input. Online programs let students stay in Ferndale while attending lower-cost out-of-state schools, and Michigan public universities often offer reduced in-state online tuition.
How do I verify a program is accredited?
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Learn More About Economics Programs
- Is an Economics degree worth it?
- Main Economics degree guide
- Online Economics programs in Michigan
- Economics programs by state
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Data verified: August 11, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
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