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

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Highlights
- The median age of a home in Franklin Lakes is 4.5% younger than the median age of a home in Bloomfield Hills.
 Franklin Lakes, NJBloomfield Hills, MIUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$882,300$338,100
 Home Appr. Last 12 months12.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.5%57.0%
 Home Appr. Last 10 yrs.51.6%  Unlock101.1%
 Property Tax Rate  Unlock$14.3$11.0
 Homes Owned84.5%  Unlock57.4%
 Housing Vacant  Unlock11.3%11.2%
 Homes Rented10.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin Lakes, NJBloomfield Hills, MIUnited States
 Average Rent  Unlock$2,070$1,840
 Studio Apartment$2,000  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,320$1,180
 2 Bedroom Home or Apartment$2,780  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,100$1,860
 4 Bedroom Home or Apartment$4,340  Unlock$2,160
 space1
 Vacant Housing
 Franklin Lakes, NJBloomfield Hills, MIUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock1.9%3.6%
 Vacant Other1.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Franklin Lakes, NJBloomfield Hills, MIUnited States
 Less Than $20,000  Unlock0.0%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  Unlock0.0%4.5%
 $100,000 to $149,9990.6%  Unlock11.3%
 $150,000 to $199,999  Unlock6.1%13.0%
 $200,000 to $299,9990.1%  Unlock20.1%
 $300,000 to $399,999  Unlock5.5%13.6%
 $400,000 to $499,9993.6%  Unlock8.3%
 $500,000 to $749,999  Unlock11.5%9.7%
 $750,000 to $999,99921.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock9.0%2.2%
 $1,500,000 to $1,999,99912.4%  Unlock0.8%
 $2,000,000 and over  Unlock16.7%1.1%
 space3
 Housing Units By Year Built
 Franklin Lakes, NJBloomfield Hills, MIUnited States
 2015 and Newer1.3%  Unlock0.2%
 2010 to 2014  Unlock7.8%13.6%
 2000 to 200914.4%  Unlock13.6%
 1990 to 1999  Unlock5.6%13.6%
 1980 to 198917.7%  Unlock13.2%
 1970 to 1979  Unlock12.8%14.8%
 1960 to 19697.3%  Unlock13.6%
 1950 to 1959  Unlock9.3%10.0%
 1940 to 19491.7%  Unlock4.7%
 1939 or Earlier  Unlock7.1%12.2%
Transportation
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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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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Learn More About Franklin Lakes, New Jersey
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