Bloomfield Hills, MI Real Estate
According to census data in the year 2000 there were 1,628 housing units in Bloomfield Hills.
This represents a 1% decline from 1,645 in 1990.
Of those housing units, 1,628 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bloomfield Hills is about 91.1%.
Bloomfield Hills's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Bloomfield Hills were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||21.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1969|
|Median Value of occupied units||$854,000|
|Median Price asked for vacant units||$1,000,001|
Rented Homes, Apartments and Condos
|Average Household Size||1.56|
|Median year structure was built||1953|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.4%|