Pros and Cons of Living In Bloomington, Minnesota. Is Bloomington, MN a Nice Place To Live or Retire?

Bloomington, Minnesota

Moving to Bloomington In Minnesota ? Is Bloomington, MN a Nice Place To Live? Pros and Cons of Living in Bloomington, Minnesota. Find out the best and worst about to live, raise a family or retire in Bloomington.

Bloomington is a city in Hennepin County, Minnesota, United States, on the north bank of the Minnesota River, above its confluence with the Mississippi River, 10 miles (16 km) south of downtown Minneapolis. At the 2020 census, the city's population was 89,987, making it Minnesota's fourth-largest city.

Bloomington was established as a post–World War II housing boom suburb connected to Minneapolis's urban street grid, and is serviced by four major freeways: Interstate 35W running north-south through the approximate middle of the city, Minnesota State Highway 77, also signed as Cedar Avenue, running north-south near the eastern end of the city, U.S. Highway 169, running north-south along the western boundary of the city, and Interstate 494...

DEMOGRAPHICS

Population
85226
Unemployment
4%
15% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$265700
16% NAT AVG.
Median Income
$78224
16% NAT AVG.
Median Rent
$1220
5% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
3155
58% NAT. AVG.
54% STATE AVG.
Violent Crime
266
19% NAT. AVG.
13% STATE AVG.
Property Crime
2889
73% NAT. AVG.
60% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 25
People Earning < $10,000
1 in 29
People Earning < $50,000
30.8%
People With Any Degree
1 in 1.9

ETHNICITY

Ethnicity Bloomington USA
White 68.9% 60.1%
African American 9.9% 12.2%
American Indian 0.3% 0.6%
Asian 5.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.6% 2.8%
Hispanic 8.9% 18.2%
Other 1.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Bloomington USA
Less than $10,000 3.5% 5.8%
$10,000 to $14,999 2.5% 4.1%
$15,000 to $24,999 6.1% 8.5%
$25,000 to $34,999 6.7% 8.6%
$35,000 to $49,999 12% 12.0%
$50,000 to $74,999 17.2% 17.2%
$75,000 to $99,999 13.9% 12.8%
$100,000 to $149,999 19.6% 15.6%
$150,000 to $199,999 9.1% 7.1%

EDUCATION

Education Bloomington USA
< 9th Grade 4% 5.0%
9-12th Grade 4% 7.0%
High School or GED 20% 27.0%
Other College 20% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 10% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Bloomington is a city in Minnesota state in USA with a population of 85226 residents.. The poverty rate of Bloomington is 7.5%, which is 46% lower than national average. The typical household in Bloomington earns $78224 a year, compared to the national median of $67,500. Nearly 30.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Bloomington remained 4%, which is 15% lower than national rate.

Cost of living in Bloomington is 107, which is 7% higher than national average. In Bloomington, only 42% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Bloomington is $265700 , which is 16% higher than national average. While median income in Bloomington remained $78224, which is 16% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Bloomington Scorecard

Jobs80%

Housing85%

Affordability70%

Safety50%

Amenities90%

Diversity85%

Education85%

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