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Bloomingdale

Learn about the people, housing, costs and businesses in Bloomingdale, New Jersey

Median Home$432,000
Median Rent$1,753/month
Population7,716
Leading IndustriesTransportation · Wholesale Trade4% transportation
Home Value Growth⬆⬆⬆+23.0% over 2 years
Young Adults27% of residentsnear the national average
Homeowners71% of occupied units
NotableHigh Incomes$128k/year · top 7% nationally
NotableVeteran Community9% of residents · top 22% nationally
Bloomingdale
NJ

Frequently Asked Questions

What are today's mortgage rates in Bloomingdale?

As of today, the 30-year fixed mortgage rate for Bloomingdale is approximately 6.910% (6.947% 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 Bloomingdale?

The median home value in Bloomingdale is $432k. The median monthly rent is $1,753. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bloomingdale?

Home values in Bloomingdale have increased 23.0% over the past two years. This indicates a strong appreciation trend. 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 Bloomingdale?

Based on a typical all-in ownership cost of $1,999/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $86k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bloomingdale is $128k/year.

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What industries drive the economy in Bloomingdale?

The largest employment sectors in Bloomingdale are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.