Bloomington is a small city in MN with a population of 86,436 residents. With a median home price of $394,240 (13% above the national median) and median household income of $78,768, Bloomington is considered somewhat expensive with a price-to-income ratio of 5.0x.
The real estate market in Bloomington features a median home price of $394,240, which is 13% higher than the U.S. national median of $350,000. Monthly rent averages $1,643, 10% above the national average. Over the past decade, rent has increased by 43%.
Bloomington has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Bloomington offers a median household income of $78,768, which is 13% higher than the national median of $70,000. Residents spend approximately 25% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Bloomington is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Bloomington compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Bloomington is $394,240, with average monthly rent of $1,643. The median household income is $78,768, giving the city a price-to-income ratio of 5.0x.
Bloomington has moderate affordability with a price-to-income ratio of 5.0x, close to the national average.
Bloomington has a population of 86,436 residents, making it the #553 largest city in the United States.
Bloomington has a violent crime rate of 309 per 100,000 residents, which is below the national average. The property crime rate is 2046 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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