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Bloomingdale

Learn about the people, housing, costs and businesses in Bloomingdale, Illinois

Median Home$375,305
Median Rent$1,538/month
Population22,657
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare4% transportation
Home Value Growth⬆⬆+16.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners75% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Bloomingdale
IL

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% (6.917% 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 $375k. The median monthly rent is $1,538. Annual property taxes average $8k. 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 16.5% 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 $1,674/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bloomingdale is $104k/year.

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What industries drive the economy in Bloomingdale?

The largest employment sectors in Bloomingdale are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.