The typical owner-occupied home in Bloomfield is worth about $92,800, 61% below the Nebraska median of $238,600 and 72% below the national median of $332,700. Owners pay a median $1,056 a year in property taxes, about 1.14% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $50,083 a year, so the median home costs 1.9 times the median income (3.1 times for Nebraska). 73% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Bloomfield at a glance
| Bloomfield | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $92,800 | $238,600 | $332,700 |
| Median property tax paid per year | $1,056 | $3,549 | $3,119 |
| Property tax as a share of value | 1.14% | 1.49% | 0.94% |
| Median household income | $50,083 | $76,475 | $80,734 |
| Homes lived in by their owners | 73% | 67% | 65% |
| Owner homes with a mortgage | 35% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,028 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 17.9% | 19.5% | 21.0% |
| Median rent | $725 | $1,072 | $1,413 |
| Rent as a share of renters' income | 33.3% | 27.9% | 30.6% |
| Median year homes were built | 1959 | 1975 | 1980 |
| Vacant homes | 11.8% | 7.6% | 10.1% |
| Population | 959 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Bloomfield
At this week's average 30-year rate of 7.11%, buying the median Bloomfield home of $92,800 with 20% down costs about $626 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $781, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $26,839 for the 20%-down payment. That payment is 15% of the median Bloomfield household income of $50,083; at that income and 20% down, the 28% guideline points to a home of about $173,000.
The median rent here is $725 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,560 |
|---|---|
| Loan amount | $74,240 |
| Principal and interest | $499 |
| Property taxes (1.14% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $626 |
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| Down payment | $3,248 |
|---|---|
| Loan amount | $91,119 |
| Principal and interest | $613 |
| Property taxes (1.14% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $41 |
| Total per month | $781 |
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Questions about home buying in Bloomfield
What is the median home value in Bloomfield?
About $92,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bloomfield?
Homeowners pay a median $1,056 a year, which is about 1.14% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Bloomfield?
For the median home with 20% down at 7.11%, the payment is about $626 a month. Keeping that under 28% of gross income takes about $26,839 a year.
More about Bloomfield
- Mortgage Refinance in Bloomfield
- Debt Relief in Bloomfield
- Home Equity Loans in Bloomfield
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data