In 2017, Bloomington, IN had a population of 83.6k people with a median age of 23.8 and a median household income of $33,172. Between 2016 and 2017 the population of Bloomington, IN grew from 83,093 to 83,636, a 0.653% increase and its median household income grew from $31,254 to $33,172, a 6.14% increase.
The population of Bloomington, Indiana is 78.4% White Alone, 9.62% Asian Alone, and 4.22% Black or African American Alone. N/A% of the people in Bloomington, IN speak a non-English language, and 90.9% are U.S. citizens.
The largest universities in Bloomington, IN are Indiana University-Bloomington (11,823 degrees awarded in 2017) and Tricoci University of Beauty Cuture LLC-Bloomington (40 degrees).
The median property value in Bloomington, IN is $176,300, and the homeownership rate is 34.5%. Most people in Bloomington, IN commute by Drove Alone, and the average commute time is 15.5 minutes. The average car ownership in Bloomington, IN is 2 cars per household.
In 2017, universities in Bloomington, IN awarded 11,863 degrees. The student population of Bloomington, IN is skewed towards men, with 22,476 male students and 21,302 female students.
Most students graduating from Universities in Bloomington, IN are White (7,915 and 79.6%), followed by Asian (633 and 6.36%), Hispanic or Latino (511 and 5.14%), and Black or African American (389 and 3.91%).
The largest universities in Bloomington, IN by the number of degrees awarded are Indiana University-Bloomington (11,823 and 99.7%) and Tricoci University of Beauty Culture LLC-Bloomington (40 and 0.337%).
The most popular majors in Bloomington, IN are General Business (2,911 and 24.5%), Public Administration (742 and 6.25%), and Kinesiology & Exercise Science (476 and 4.01%).
The median tuition costs in Bloomington, IN are $N/A for private four-year colleges, and $9,210 and $33,522 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Bloomington, IN employs 40k people and Bloomington has an unemployment rate of 4.1%. Bloomington has seen the job market decreased by -1.7% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%. The largest industries in Bloomington, IN are Educational Services (11,502 people), Accommodation & Food Services (5,823 people), and Retail Trade (4,346 people), and the highest paying industries are Utilities ($64,167), Public Administration ($56,731), and Professional, Scientific, & Technical Services ($40,778).
Households in Bloomington, IN have a median annual income of $33,172, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $31,254 in 2016, which represents a 6.14% annual growth.
Tax Rates for Bloomington
– The Sales Tax Rate for Bloomington is 7.0%. The US average is 7.3%.
– The Income Tax Rate for Bloomington is 4.3%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Bloomington
– The average income of a Bloomington resident is $19,600 a year.
– The Median household income of a Bloomington resident is $28,660 a year.