Is Bloomington, Minnesota a Good Place To Live? - Living In Bloomington, MN

Is Bloomington, Minnesota a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Bloomington, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Bloomington remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Bloomington, only 42% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Bloomington is 107, which is 7% higher than national average. 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.
Population
85226
Unemployment
4%
15% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Overall Score
8
Median Home Cost
$265700
16% NAT AVG.
Median Income
$78224
16% NAT AVG.
Median Rent
$1220
5% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 25
People Earning < $10,000
1 in 29
People Earning < $50,000
30.8%
People with <= High School
1 in 3.6
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs80%

Housing85%

Affordability70%

Safety50%

Amenities90%

Diversity85%

Education85%

Commute80%