29th most affordable of 199 in Metro Detroit
Cost of Living in Bloomfield Township, MI
A typical home in Bloomfield Township costs about $2,353 a month, 17.3% of the median household income of $162,788. That makes Bloomfield Township the 10th most affordable of 56 places in Oakland County and 29th of 199 across Metro Detroit.
- Median rent a month
- $1,574
- Median home value
- $604,800
- Owner cost with a mortgage
- $3,131
- Of income on housing
- 17.3%
Bloomfield Township against Oakland County and the metro
| Census median | Bloomfield Township | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,574 | $1,376 | $1,207 |
| Median home value | $604,800 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $3,131 | $1,998 | $1,720 |
| Median household income (yearly) | $162,788 | $97,760 | $76,664 |
| Share of income on housing | 17.3% | 20.7% | 22.9% |
Ranked 10th most affordable of 56 in Oakland County. See all 56.
Cost of living near Bloomfield Township
The towns around Bloomfield Township, each with its own page.
- Farmington Hills Rent $1,551 · Home $354,500 111th most affordable in the metro
- Rochester Hills Rent $1,644 · Home $409,800 73rd most affordable in the metro
- Troy Rent $1,602 · Home $420,300 70th most affordable in the metro
- Pontiac Rent $1,063 · Home $121,700 192nd most affordable in the metro
- West Bloomfield Rent $2,031 · Home $426,200 115th most affordable in the metro
- Bloomfield Hills Rent $3,501 · Home $947,900 158th most affordable in the metro
- Birmingham Rent $1,902 · Home $698,300 112th most affordable in the metro
- Auburn Hills Rent $1,477 · Home $245,000 126th most affordable in the metro
Living in Bloomfield Township
- Homes for sale in Bloomfield Township Listings and off-market deals
- Rentals in Bloomfield Township Houses and apartments for rent
- Bloomfield Township neighborhoods Every neighborhood on a map
- Bloomfield Township crime rate From Bloomfield Township's own police reports
- Bloomfield Township cost of living by neighborhood Every neighborhood ranked, updated monthly
- Most expensive neighborhoods in Bloomfield Township The last 12 months
- Least expensive neighborhoods in Bloomfield Township The last 12 months
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Bloomfield Township city guide Pros, homes and city services
Bloomfield Township cost of living questions
5 questions
Is Bloomfield Township, MI expensive to live in?
A typical home in Bloomfield Township takes 17.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 29th most affordable of 199 places.
What is the average rent in Bloomfield Township?
The median gross rent is $1,574 a month, rent plus the utilities the renter pays, 30% above the metro.
How much does a house cost in Bloomfield Township?
Owners put the median home value at $604,800, 142% above the metro. With a mortgage, the median owner pays $3,131 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Bloomfield Township?
Spending no more than 30% of income on housing, the usual rule, a typical Bloomfield Township home at $2,353 a month calls for about $94,000 a year. The median household here earns $162,788.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Bloomfield Township. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.