Everything You Need to Know About the City of Bloomington Minnesota

In 2017, Bloomington, MN had a population of 85.4k people with a median age of 42.2 and a median household income of $70,512 dollars. Between 2016 and 2017 the population of Bloomington, MN grew from 85,080 to 85,417, a 0.396 percent increase and its median household income grew from $67,473 dollars to $70,512 dollars, a 4.5 percent increase.

The population of Bloomington, MN is 72.5 percent White Alone, 9.19 percent Black or African American Alone, and 8.76 percent Hispanic or Latino. N/A% of the people in Bloomington, MN speak a non-English language, and 93.7 percent are U.S. citizens.

The largest universities in Bloomington, MN are Normandale Community College (1,203 degrees awarded in 2017), Northwestern Health Sciences University (278 degrees), and Empire Beauty School-Bloomington (85 degrees).

The median property value in Bloomington, MN is $227,900 dollars, and the homeownership rate is 67.6 percent. Most people in Bloomington, MN commute by Drove Alone, and the average commute time is 20.9 minutes. The average car ownership in Bloomington, MN is 2 cars per household.


Education in Bloomington

In 2017, universities in Bloomington, Minnesota awarded 1,734 degrees. The student population of Bloomington, MN is skewed towards women, with 4,899 male students and 6,337 female students.

Most students graduating from Universities in Bloomington, MN are White (1,165 and 68.3 percent), followed by Black or African American (153 and 8.97 percent), Asian (138 and 8.09 percent), and Hispanic or Latino (118 and 6.92 percent).

The largest universities in Bloomington, MN by the number of degrees awarded are Normandale Community College (1,203 and 69.4 percent), Northwestern Health Sciences University (278 and 16 percent), and Empire Beauty School-Bloomington (85 and 4.9 percent).

The most popular majors in Bloomington, MN are Liberal Arts & Sciences (672 and 38.8 percent), Chiropractic (166 and 9.57 percent), and Registered Nursing (89 and 5.13 percent).

The median tuition costs in Bloomington, MN is $11,967 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Bloomington

The economy of Bloomington, MN employs 46.8k people and Bloomington has an unemployment rate of 2.6 percent. Bloomington has seen the job market increase by 1.8 percent over the last year. Future job growth over the next ten years is predicted to be 32.4 percent, which is lower than the US average of 33.5 percent. The biggest industries in Bloomington, MN are Health Care & Social Assistance (6,452 people), Manufacturing (5,348 people), and Retail Trade (5,682 people), and the highest paying industries are Management of Companies & Enterprises ($79,886 dollars), Utilities ($68,125 dollars), and Professional, Scientific, & Technical Services ($59,896 dollars).

Households in Bloomington, MN have a median annual income of $70,512 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $67,473 dollars in 2016, which represents a 4.5 percent annual growth.


Tax Rates for Bloomington

– The Sales Tax Rate for Bloomington is 7.5 percent.

– The Income Tax Rate for Bloomington is 7.1 percent. 

– 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 $36,430 dollars a year. 

– The Median household income of a Bloomington resident is $63,053 dollars a year.