Bloomfield Hills, MI
Population 4,412 · Michigan
About Bloomfield Hills, MI
Bloomfield Hills is a small town located in Michigan with a population of 4,412 residents according to the latest US Census Bureau American Community Survey data. The median household income is $200,318 per year, which is 167% above the national median of $75,149. The median age of 49 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bloomfield Hills features a median home value of $942,900, which is 285% above the national median of $244,900. This places Bloomfield Hills in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,250, 179% above the national average of $1,163/month. Of the 1,698 total housing units, 89% are owner-occupied (1,381 units) and 11% are renter-occupied (176 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bloomfield Hills shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bloomfield Hills have an average one-way commute time of 20.6 minutes.
Education & Demographics
79.3% of Bloomfield Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.1% White, 4.0% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 17.1% of the population being foreign-born.
How Bloomfield Hills Ranks in Michigan
Cost of Living in Bloomfield Hills, MI
Compared to national averages, Bloomfield Hills has a median household income of $200,318 (167% above the national median of $75,149). Home values average $942,900, which is 285% above the national median. Monthly rent at $3,250 is 179% above the US average of $1,163. Within Michigan, Bloomfield Hills's income is 203% above the state average of $66,017, and home values are 414% above the state median of $183,391.
Why Live in Bloomfield Hills, MI?
Bloomfield Hills offers a strong local economy with a median household income of $200,318, well above the national average, and a well-educated community where 79.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average. Additionally, the city features short commute times averaging just 20.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $942,900. However, Bloomfield Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bloomfield Hills has a population of 4,412 with a median age of 49 years. Compare Bloomfield Hills with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Bloomfield Hills
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wayland | 4,430 | $71,797 | $201,200 | Compare |
| Vandercook Lake | 4,434 | $52,337 | $125,800 | Compare |
| Wolverine Lake | 4,476 | $88,423 | $270,400 | Compare |
| Dexter | 4,495 | $103,182 | $401,800 | Compare |
| Middleville | 4,327 | $71,417 | $209,000 | Compare |
| Hancock | 4,510 | $55,278 | $185,700 | Compare |
| Gaylord | 4,307 | $44,052 | $170,300 | Compare |
| Fremont | 4,532 | $57,000 | $169,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bloomfield Hills With Other Cities
Frequently Asked Questions about Bloomfield Hills
What is the population of Bloomfield Hills, MI?
The population of Bloomfield Hills, MI is 4,412 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Bloomfield Hills?
The median household income in Bloomfield Hills, MI is $200,318 per year, which is 167% above the national median of $75,149.
What is the median home value in Bloomfield Hills?
The median home value in Bloomfield Hills, MI is $942,900, which is 285% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bloomfield Hills?
The median monthly rent in Bloomfield Hills, MI is $3,250, which is 179% above the national average of $1,163/month.
What is the unemployment rate in Bloomfield Hills?
The unemployment rate in Bloomfield Hills, MI is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bloomfield Hills, MI a good place to live?
Bloomfield Hills offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,412 and a median age of 49, the city appeals to established professionals and retirees.
How educated is Bloomfield Hills, MI?
79.3% of residents in Bloomfield Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bloomfield Hills?
Key cost-of-living indicators for Bloomfield Hills, MI: median home value is $942,900 (285% above national), median rent is $3,250/month, and median household income is $200,318. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Bloomfield Hills?
The poverty rate in Bloomfield Hills, MI is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bloomfield Hills, MI?
Bloomfield Hills's population is 0.1% White, 4.0% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 3.8% two or more races. 17.1% of residents are foreign-born.