Bloomfield, New Jersey is a part of the Newark/Orange/East Essex County Submarket submarket area, and contains zip code 7003.
The 2019 average effective rent for Class A, B, and C apartments in the Bloomfield, NJ submarket area was $1,198, which is 23.76% higher than 2014 average rent. This represents a compounded annual growth rate of 4.36%. 2019 vacancy in Bloomfield, NJ was 4.50%.
The total population of the city of Bloomfield, NJ has grown 5.94% since 2010. As of 2018, the population was 50,127. The median household income of the Bloomfield was $76,487, which is 26.86% higher than the national average.