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Bloomfield Hills,
Michigan is the fourth wealthiest city in
America, containing more than 1,000 households.
During the
Census 2000, residents reported an average per
capita income of $104,921, compared to the national
average of $21,587. The only other cities with such
wealth are in
California and
Florida. The Midwestern city of Bloomfield Hills
lies in the southeastern corner of Michigan, in
Oakland County. For counties with more than one
million residents, Oakland County ranks second
nationally in per capita income. The county’s thriving
businesses employed more than 800,000 people according
to Census 2000, over 13% of Michigan’s residents.
Bloomfield
Hills incorporated as a village in 1927 and became a
city in 1932. Residential building began here in the
1890’s, and many rambling estates still exist from that
time. The 2000 Census recorded a population of 3,940.
Located fourteen miles from the bustling city of
Detroit, Bloomfield Hills is the home to many of the
chief executives of the thriving auto industry that "Motown"
is famous for, as well as a number of highly successful
entrepreneurs.
Geographically, Bloomfield Hills extends five square
miles. The
Detroit
Free Press coined a phrase in 1993, describing
Bloomfield Hills as “five square miles of money”. Median
home prices for single-family dwellings were $875,800
according to the 2000 data. Estimates for 2004 showed
prices of $1,400,000. While the number of renters in
Bloomfield Hills is significantly lower than other
places in Michigan, the rental costs averaged $1,400 per
month. Monthly mortgages were more than $3,600, (all
2000 data).
Bloomfield Hills residents place a high priority on
their children’s education. The
public school system consistently receives excellent
rankings. The
International Academy, a public, tuition-free high
school, holds the second highest ranking in the nation
for outstanding quality of education. Sixty-seven
percent of Bloomfield Hills residents hold a bachelor's
degree or more advanced college degree. Two fine
colleges are in the city itself,
Cranbrook Academy of Art and the
Oakland Community College. Within a 20 mile radius,
22 other
colleges and universities await Bloomfield Hills
students.
Bloomfield Hills is part of the larger
Bloomfield Township, which extends over 25 square
miles of scenic rolling hills, private lakes and elegant
homes. The first township established within Oakland
County and one of the oldest in all of
Michigan, Bloomfield Township remains a primarily
residential area of 44,000 residents, with winding
roads, large estates and tranquil streams. With an
extremely low crime rate and outstanding quality of
living, Bloomfield Township remains an enviable place to
call home.
Bloomfield Hills residents enjoy mild summers, with
temperatures staying in the comfortable low eighties.
Winters can be rugged, with more than 10 inches of
snowfall during each winter month. Year-round,
Bloomfield Hills, Michigan residents enjoy a strong and
secure economy and a prosperous way of life.
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