Bloomington, MN 55425 has much to offer those looking to move into the area. The average two bedroom rent for this city is $1,430 a month which is on par with the US average rent of $1,430. The Grocery Cost Index in Bloomington is 100 compared to the US average of 100 as well making it a desirable place to live with cost of living not being an issue.
In terms of local businesses, the Mall of America located in Bloomington is a great source of jobs and entertainment. Other companies that call Bloomington home include Allina Health Systems and Hyland Software both big players in the industries they reside in.
All-in-all Bloomington, MN 55425 offers a stable job market and cost of living that makes it an ideal place for families or single individuals looking for a new home.
Bloomington (zip 55425) has an unemployment rate of 4.6%. The US average is 6.0%.
Bloomington (zip 55425) has seen the job market increase by 1.8% 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 55425)
- The Sales Tax Rate for Bloomington (zip 55425) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 55425) 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 55425)
- The average income of a Bloomington (zip 55425) resident is $26,719 a year. The US average is $28,555 a year.
- The Median household income of a Bloomington (zip 55425) resident is $64,205 a year. The US average is $69,021 a year.