According to statistics, the population in Bloomfield Hills, MI amounts to 3,981, which shows decline 0% compared to the previous year. The median age of the city’s residents is 49. The average household income is $186,563, shifting growth 10% from the past year, and the average property value in Bloomfield Hills, MI growth 6% to $840,300 throughout the year.
Population | 3,981 |
Median Age | 49.4 |
Poverty Rate | 2% |
Household Income | $186,563 |
Number Of Employees | 1,702 |
Median Property Value | $840,300 |
The average household income in Bloomfield Hills, MI grew from $169,265 to $186,563 in the past year. This data is an estimate based upon 1,292 households in Bloomfield Hills, MI . The chart below presents how household income is distributed in Bloomfield Hills, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bloomfield Hills, MI shifted from $794,600 to $840,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bloomfield Hills, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bloomfield Hills, MI properties falls in the '$750,000 to $999,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bloomfield Hills, MI compared to median property taxes around the country. The prevalent amount of property taxes in Bloomfield Hills, MI equals $3000, which is less than the national average.