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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.70% |
| Two Bedrooms | 16% |
| Three Bedrooms | 24.90% |
| Four Bedrooms | 35.80% |
| 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
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 47% |
| Debt Free | 39.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
