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2025 Compare Cities Housing:
Bloomfield Hills, MI vs Franklin Lakes, NJ

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Highlights
- The median age of a home in Bloomfield Hills is 4.3% older than the median age of a home in Franklin Lakes.
 Bloomfield Hills, MIFranklin Lakes, NJUnited States
 Median Home Age46  Unlock42
 Median Home Cost  Unlock$1,213,000$338,100
 Home Appr. Last 12 months11.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock39.2%57.0%
 Home Appr. Last 10 yrs.110.3%  Unlock101.1%
 Property Tax Rate  Unlock$21.8$11.0
 Homes Owned79.6%  Unlock57.4%
 Housing Vacant  Unlock4.7%11.2%
 Homes Rented9.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Bloomfield Hills, MIFranklin Lakes, NJUnited States
 Average Rent  Unlock$3,400$1,840
 Studio Apartment$1,170  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,390$1,180
 2 Bedroom Home or Apartment$1,690  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,450$1,860
 4 Bedroom Home or Apartment$2,260  Unlock$2,160
 space1
 Vacant Housing
 Bloomfield Hills, MIFranklin Lakes, NJUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock2.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other8.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Bloomfield Hills, MIFranklin Lakes, NJUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,9990.5%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,9996.4%  Unlock20.1%
 $300,000 to $399,999  Unlock0.9%13.6%
 $400,000 to $499,9999.6%  Unlock8.3%
 $500,000 to $749,999  Unlock21.6%9.7%
 $750,000 to $999,99925.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock31.8%2.2%
 $1,500,000 to $1,999,9999.6%  Unlock0.8%
 $2,000,000 and over  Unlock7.3%1.1%
 space3
 Housing Units By Year Built
 Bloomfield Hills, MIFranklin Lakes, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock14.4%13.6%
 2000 to 20097.8%  Unlock13.6%
 1990 to 1999  Unlock7.3%13.6%
 1980 to 198920.0%  Unlock13.2%
 1970 to 1979  Unlock17.8%14.8%
 1960 to 19695.6%  Unlock13.6%
 1950 to 1959  Unlock10.8%10.0%
 1940 to 19494.0%  Unlock4.7%
 1939 or Earlier  Unlock4.7%12.2%
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Reviews for Bloomfield Hills    3 Reviews
George · Bloomfield Hills, MI
Friendly city
Over 2 years ago

Very beautiful city with a lot of nice people. Lot of posh homes and estates. However, people are nice and down to  More

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Adam · Bloomfield Hills, MI
Has its ups and downs....
Over 14 years ago

I am currently still growing up here in Bloomfield Hills. The schools are good but you will find very snobby and arrogant people trying to fit in becuase this is a very  More

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Sean · Auburn Hills, MI
Expensive
Over 19 years ago

You have to be super rich to afford a house in Bloomfield Hills, MI I attended private school in Bloomfield Hills and it cost more than  More

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Reviews for Franklin Lakes    2 Reviews
john · Franklin Lakes, NJ
Franklin Lakes
Over 15 years ago

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New  More

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Lauren · Franklin Lakes, NJ
Affluent Town
Over 19 years ago

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living  More

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Learn More About Bloomfield Hills, Michigan
Overview
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Learn More About Franklin Lakes, New Jersey
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