Payday Loans in Bloomfield Hills (Oakland County) MI Online 24/7, Cash Advance & Small-Dollar Loans

Payday Loans and Cash Advances in Bloomfield Hills, Michigan

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Bloomfield Hills, MI: Local Financial Snapshot

City-level ACS data

Local economic and housing context for Bloomfield Hills. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.

Population (ACS 2020–2024)4,415

Median household income$189,942160.6% above Michigan

Median gross rent / month$3,501210.1% above Michigan

Median rent share of income36.3%6.1 pp above Michigan

Poverty estimate3.9%9.3 pp below Michigan

Unemployment rate3.8%1.9 pp below Michigan

Median household income in Bloomfield Hills is $189,942, 160.6% above the Michigan median. Median gross rent is $3,501 per month, 210.1% above the statewide median. Among renter households paying cash rent, the median gross-rent share of household income is 36.3%, 6.1 percentage points above Michigan. The ACS poverty estimate is 3.9% and the unemployment rate is 3.8%. These community-level figures are context for comparing household costs with a loan's full repayment amount; they do not predict approval, pricing, or individual borrowing demand.

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.

Locations in Bloomfield Hills, MI

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Payday Loans in Bloomfield Hills, MI