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Bloomfield

Learn about the people, housing, costs and businesses in Bloomfield, California

Median Home$1,145,536
Median Rent$2,130/month
Population334
Leading IndustriesWholesale Trade · Public Administration · Finance & Insurance12% wholesale trade
Home Value Growth-6.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$149k/year · top 4% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Bloomfield
CA

Frequently Asked Questions

What are today's mortgage rates in Bloomfield?

As of today, the 30-year fixed mortgage rate for Bloomfield is approximately 6.782% (6.814% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bloomfield?

The median home value in Bloomfield is $1.1M. The median monthly rent is $2,130. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bloomfield?

Home values in Bloomfield have decreased 6.7% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bloomfield?

Based on a typical all-in ownership cost of $2,530/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $108k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bloomfield is $149k/year.

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What industries drive the economy in Bloomfield?

The largest employment sectors in Bloomfield are public administration (29%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.