Bloomfield Township, MI Real Estate
According to census data in the year 2000 there were 17,459 housing units in Bloomfield Township.
This represents a 6.2% growth from 16,437 in 1990.
Of those housing units, 17,459 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 Township is about 90.2%.
Bloomfield Township's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Bloomfield Township were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 4.40% |
| Two Bedrooms | 12.70% |
| Three Bedrooms | 32.50% |
| Four Bedrooms | 38.80% |
| Five Bedrooms or more | 11% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $356,800 |
| Median Price asked for vacant units | $374,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $800 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 54.30% |
| Debt Free | 27.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
