Zip 77951 (Bloomington, TX) Economy


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In Bloomington, TX (77951), the average two bedroom rent is $970, which is significantly lower than the national average of $1,430. The cost of groceries in Bloomington is 92 on the Index versus 100 nationwide. Notable local businesses include Valley-Tec Industries and Texas Grinding & Mixing Inc., both of which are industrial processing facilities. Additionally, there is an advanced manufacturing business called SpoolTech that manufactures high volume bulk material spools for aerospace and industrial applications.

Bloomington (zip 77951) has an unemployment rate of 7.9%. The US average is 6.0%.

Bloomington (zip 77951) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.

Tax Rates for Bloomington (zip 77951)
- The Sales Tax Rate for Bloomington (zip 77951) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 77951) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bloomington (zip 77951)
- The average income of a Bloomington (zip 77951) resident is $16,745 a year. The US average is $28,555 a year.
- The Median household income of a Bloomington (zip 77951) resident is $30,494 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloomington, TexasUnited States
  7.96
  -7.8%-6.2%
  10.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $19,905$37,638
  $30,494$69,021
  $34,186$85,028
  Population by Occupation
  0.0%1.2%
  1.9%0.5%
  20.7%6.8%
  10.4%10.0%
  0.0%2.5%
  8.5%11.0%
  4.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  5.1%1.9%
  0.0%7.6%
  0.0%0.1%
  13.3%4.2%
  14.6%9.3%
  15.9%14.0%
  0.0%2.1%
  0.0%7.0%
  5.5%4.8%
  0.0%4.7%
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