Bloomington, MN is a bustling community located near Minneapolis. It's a great place to live for both residents and tourists alike. The median two bedroom rent in Bloomington is $1,370, which is slightly lower than the US average of $1,430. Additionally, the grocery cost index in Bloomington is 101 compared to the national average of 100.
The city of Bloomington has many attractions and activities for residents and tourists alike. Mall of America is one of the most popular destinations for shopping and entertainment. The Nickelodeon Universe amusement park in MOA offers thrilling rides and attractions for all ages. Other local entertainment options include Valleyfair Amusement Park, Minnesota Zoo, Cantebury Park Race Track & Card Club and more.
For business professionals seeking employment opportunities in Bloomington can look into large companies such as Wells Fargo Home Mortgage, United Health Group and Donaldson Company Inc.. For those seeking outdoor recreation activities nearby can visit Fort Snelling State Park or explore the scenic Lake Minnetonka Regional Trail. With its low rent costs, abundant amenities and local businesses it's no wonder why so many people choose to call Bloomington home!
Bloomington (zip 55420) has an unemployment rate of 4.6%. The US average is 6.0%.
Bloomington (zip 55420) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Bloomington (zip 55420)
- The Sales Tax Rate for Bloomington (zip 55420) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 55420) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bloomington (zip 55420)
- The average income of a Bloomington (zip 55420) resident is $32,824 a year. The US average is $37,638 a year.
- The Median household income of a Bloomington (zip 55420) resident is $66,370 a year. The US average is $69,021 a year.