Bloomington, Minnesota

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
89,244
Population
$87,381
Median Income
$327,100
Home Value
41.8
Median Age

Demographics

Bloomington has a population of 89,244 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:

White
70.6%
Black
10.9%
Hispanic
8.7%
Asian
5.8%
Other
4.0%
Demographic Value
Total Population89,244
Median Age41.8
White70.6%
Black or African American10.9%
Asian5.8%
Hispanic or Latino8.7%
Other / Two or More Races4.0%

Income & Economy

The median household income in Bloomington is $87,381, which is 16.3% above the national median of $75,149. The per capita income is $47,791. The poverty rate is 7.9%.

$87,381
Median Household Income
$47,791
Per Capita Income
7.9%
Poverty Rate

Employment

The unemployment rate in Bloomington is 4.4%, compared to the national rate of 5.4%.

Education

In Bloomington, 92.8% of residents age 25+ have a high school diploma or higher, and 44.9% hold a bachelor's degree or higher (14.0% with a graduate or professional degree).

HS Diploma+
92.8%
Bachelor's+
44.9%
Graduate+
14.0%
Education Level % of Adults (25+)
High School Diploma or Higher92.8%
Bachelor's Degree or Higher44.9%
Graduate or Professional Degree14.0%

Housing

The median home value in Bloomington is $327,100, above the national median of $281,900. The median monthly rent is $1,426. The homeownership rate is 67.0%.

$327,100
Median Home Value
$1,426/mo
Median Rent
67.0%
Homeownership Rate
Housing Metric Value
Median Home Value$327,100
Median Monthly Rent$1,426
Homeownership Rate67.0%
Vacancy Rate4.3%

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Frequently Asked Questions

What is the population of Bloomington, Minnesota?
The population of Bloomington, Minnesota is 89,244 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Bloomington, Minnesota?
The median household income in Bloomington, Minnesota is $87,381. This is 16.3% above the national median of $75,149.
What is the median home value in Bloomington, Minnesota?
The median home value in Bloomington, Minnesota is $327,100. The median monthly rent is $1,426.
What percentage of people in Bloomington have a college degree?
In Bloomington, Minnesota, 44.9% of adults age 25 and older hold a bachelor's degree or higher, and 92.8% have a high school diploma or higher.
Is Bloomington, Minnesota an affordable place to live?
The home price-to-income ratio in Bloomington, Minnesota is 3.7x (median home value $327,100 vs. median income $87,381), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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