Bloomington, MN Local Data & Statistics

State: MN

Total population: 88,665 Household income: $93,211 Rent: $1,561

Overview

Total population

88,665

Rent

$1,561

Year built

1972

Household income

$93,211

Per capita income

$52,173

Poverty rate

9.2%

Unemployment rate

2.2%

Household size

2.3 persons

Rent over 30% of income

44.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Minnesota

Total population

88,665

Adults over 25

64,218

Total households

37,601

Household size

2.3 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$93,211

Per capita income

$52,173

Poverty rate

9.2%

Unemployment rate

2.2%

Rent over 30% of income

44.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,561

Year built

1972

Households that rent

34.3%

Households that own

65.7%

Rooms per home (all homes)

5.9

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

66.2%

Black

12%

Asian

5.2%

Two or more races

8.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

11.2%

Not Hispanic or Latino

88.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

77.7%

Commute time to work

21 mins

Work from home

22.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

24%

High school graduate or GED

18.8%

Some college or associate degree

11.1%

Bachelor’s degree or higher

46.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Bloomington, MN with: Minnesota United States

Bloomington, MN

Total population88,665

Rent$1,561

Year built1972

Household income$93,211

Per capita income$52,173

Poverty rate9.2%

Unemployment rate2.2%

Minnesota State

Total population5,739,445

Rent$1,280

Year built1979

Household income$89,062

Per capita income$48,237

Poverty rate9.3%

Unemployment rate3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityBloomington, MN	StateMinnesota	CountryUnited States
Total population	88,665	5,739,445	334,922,499
Rent	$1,561	$1,280	$1,413
Year built	1972	1979	1980
Household income	$93,211	$89,062	$80,734
Per capita income	$52,173	$48,237	$44,673
Poverty rate	9.2%	9.3%	12.5%
Unemployment rate	2.2%	3%	4%

View the complete comparison of Bloomington, MN, Minnesota and United States →

Summary for Bloomington, MN

Bloomington is located in Minnesota.

Rent & Income

In Bloomington, the typical monthly rent is $1,561 and the typical household income is $93,211. Rent here is higher than both Minnesota and the U.S., and household income is similar to Minnesota and higher than the U.S. The estimated poverty rate is 9.2%, which is similar to the Minnesota rate and lower than the national rate.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 34.3% of households. About 44.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 46.2% of adults holding a bachelor’s degree or higher. The local unemployment rate is 2.2%, which is lower than both Minnesota and the national rate.

Bloomington, MN — Rent vs Household Income

Bloomington, MN — Poverty vs Unemployment

How Bloomington, MN compares in Minnesota (19 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,561	9 / 19	from lower rent	$1,003 – $1,908
Household income	$93,211	11 / 19	from higher income	$61,374 – $139,041
Poverty rate	9.2%	13 / 19	from lower poverty	2.9% – 20.2%
Unemployment rate	2.2%	10 / 19	from lower unemployment	1.8% – 3.1%

Rankings are calculated among cities and communities in Minnesota with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Bloomington, MN

Rent

When it comes to rent costs, Bloomington places 9th among 19 large places in Minnesota. Across the state, rents run from $1,003 in St. Cloud, MN up to $1,908 in Woodbury, MN.

Household income

For median household income, Bloomington is ranked 11th out of 19 large areas. Statewide incomes span from $61,374 in St. Cloud, MN to $139,041 in Lakeville, MN.

Poverty rate

Looking at poverty, Bloomington ranks 13th out of 19 large places. Statewide poverty rates range from 2.9% in Lakeville, MN to 20.2% in St. Cloud, MN.

Unemployment rate

In terms of unemployment, Bloomington is ranked 10th out of 19 major areas. Across Minnesota, rates go from 1.8% in Woodbury, MN up to 3.1% in St. Cloud, MN.

💰 Rent in Bloomington, MN (with Utilities)

Estimated Monthly Rent: $1,561 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Bloomington, MN

Annual Household Income: $93,211

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Bloomington, MN

Estimated Rate: 9.2%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Bloomington, MN

In Bloomington, MN, households that rent: 12,879 (34.3%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	12,879	34.3%
Owner-Occupied	24,722	65.7%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Bloomington, MN

In Bloomington, MN, cost-burdened renters (households spending over 30% of income on housing): 5,773 (44.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	5,773	44.8%
Other renter households	7,106	55.2%
Total renter households	12,879	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Bloomington, MN

Less than High School: 15,391 people (24%)

Includes adults who did not complete high school.

High School Graduate or GED: 12,064 people (18.8%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 7,101 people (11.1%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 29,662 people (46.2%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 64,218

📊 Unemployment Rate in Bloomington, MN

Estimated Rate: 2.2%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Greenville, NC88,540 San Leandro, CA88,531 Champaign, IL88,822 Newton, MA88,504 Waukegan, IL88,919 Lawrence, MA88,297 Santa Fe, NM88,224 Clifton, NJ89,247 Santa Barbara, CA88,024 Fort Smith, AR89,496

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.