Bloomington, MN
Population 88,838 · Minnesota
About Bloomington, MN
Bloomington is a mid-sized city located in Minnesota with a population of 88,838 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,677 per year, which is 21% above the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bloomington features a median home value of $346,200, which is 41% above the national median of $244,900. This positions Bloomington in a moderately priced market relative to the rest of the country. Median monthly rent is $1,526, 31% above the national average of $1,163/month. Of the 39,375 total housing units, 66% are owner-occupied (24,974 units) and 34% are renter-occupied (12,750 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bloomington shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bloomington have an average one-way commute time of 20.9 minutes.
Education & Demographics
45.3% of Bloomington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 7.1% White, 1.8% Hispanic or Latino, 0.6% Black or African American, and 2.5% Asian residents, with 13.9% of the population being foreign-born.
How Bloomington Ranks in Minnesota
Cost of Living in Bloomington, MN
Compared to national averages, Bloomington has a median household income of $90,677 (21% above the national median of $75,149). Home values average $346,200, which is 41% above the national median. Monthly rent at $1,526 is 31% above the US average of $1,163. Within Minnesota, Bloomington's income is 22% above the state average of $74,221, and home values are 69% above the state median of $204,472.
Why Live in Bloomington, MN?
Bloomington offers a strong local economy with a median household income of $90,677, well above the national average, and a well-educated community where 45.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.1%, better than the national average. Additionally, the city features short commute times averaging just 20.9 minutes.
Bloomington has a population of 88,838 with a median age of 40.8 years. Compare Bloomington with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Bloomington
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Duluth | 86,863 | $66,263 | $225,700 | Compare |
| Brooklyn Park | 84,349 | $85,964 | $313,500 | Compare |
| Plymouth | 79,526 | $133,865 | $474,700 | Compare |
| Woodbury | 76,945 | $126,222 | $434,900 | Compare |
| Lakeville | 72,480 | $138,119 | $425,200 | Compare |
| Blaine | 71,261 | $103,382 | $327,500 | Compare |
| Maple Grove | 70,539 | $129,481 | $397,400 | Compare |
| St. Cloud | 69,926 | $61,112 | $212,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bloomington With Other Cities
Frequently Asked Questions about Bloomington
What is the population of Bloomington, MN?
The population of Bloomington, MN is 88,838 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Bloomington?
The median household income in Bloomington, MN is $90,677 per year, which is 21% above the national median of $75,149.
What is the median home value in Bloomington?
The median home value in Bloomington, MN is $346,200, which is 41% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bloomington?
The median monthly rent in Bloomington, MN is $1,526, which is 31% above the national average of $1,163/month.
What is the unemployment rate in Bloomington?
The unemployment rate in Bloomington, MN is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bloomington, MN a good place to live?
Bloomington offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 88,838 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Bloomington, MN?
45.3% of residents in Bloomington aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bloomington?
Key cost-of-living indicators for Bloomington, MN: median home value is $346,200 (41% above national), median rent is $1,526/month, and median household income is $90,677. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Bloomington?
The poverty rate in Bloomington, MN is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bloomington, MN?
Bloomington's population is 7.1% White, 1.8% Hispanic or Latino, 0.6% Black or African American, 2.5% Asian, and 11.0% two or more races. 13.9% of residents are foreign-born.