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Bloomington, MN 55420 has a population of approximately 22,771 and experiences a population change rate of 6.83%. The population density is 3,505.4 / sq mi .
The median household income for Bloomington, MN 55420 is $66,370, with 8,917 households and an average household size of 2.57.
The median value of a home in Bloomington, MN 55420 is $291,500 with an appreciation rate of 7.10%. 63.16% of housing in the state is owned while 31.61% is rented.
The cost of living in Bloomington, MN 55420 is 112.2 %.
The unemployment rate in Bloomington, MN 55420 is 2.50%, and recent job growth is at 0.59%. Future job growth is projected at 32.19%.
The sales tax rate in Bloomington, MN 55420 is 7.52%, while the income tax rate is 6.80% .
School expenditures in Bloomington, MN 55420 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 31.1 inches per year, with 49.4 inches of snow per year.