The city of Bloomington, IL (zip code 61701) is a great place to call home. The average rent for a two bedroom apartment in this area is $1,010, which is significantly lower than the U.S. average of $1,430. Additionally, grocery costs are much more affordable in this zip code with an index score of 93 versus 100 being the average in the U.S. The population of Bloomington is around 76,000 people and it’s growing quickly due to its close proximity to amenities such as hospitals, universities and both local and national businesses including State Farm Insurance, Country Financial and Mitsubishi Motors North America. All of these factors make 61701 an ideal place for those looking to settle down on a budget.
Bloomington (zip 61701) has an unemployment rate of 5.5%. The US average is 6.0%.
Bloomington (zip 61701) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Bloomington (zip 61701)
- The Sales Tax Rate for Bloomington (zip 61701) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 61701) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bloomington (zip 61701)
- The average income of a Bloomington (zip 61701) resident is $25,780 a year. The US average is $28,555 a year.
- The Median household income of a Bloomington (zip 61701) resident is $48,906 a year. The US average is $69,021 a year.