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Bloomington Minnesota Real Estate By Jennifer Hershey

Bloomington Minnesota Real Estate

Bloomington, Minnesota, is located in Hennepin County, of , and 296 miles NW of Milwaukee, Wisconsin. Bloomington has a population of 85,172.

Bloomington Homes

Bloomington properties pool is 36,396 residential properties including Bloomington new homes. Median age of real estate in Bloomington is 1968. Average Household size is 2.87 people. 4% are one bedroom homes, 21% are 2 bedroom homes, 43% are 3 bedroom homes, 26% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Bloomington Mortgage Statistics

Bloomington mortgages vs. USA median statistics

Homes Bloomington USA
Homes With No Mortgage 26%
30%
Homes With Mortgage 74%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 22%
16%

Bloomington Area Real Estate Tax

Bloomington Real estate Tax: Median Real Estate Taxes (2000) were $1,678 comparing to 1999 Median Family income $ 67,135. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Bloomington School District: Children make up 20.6% of Bloomington population. Bloomington has 17,560 under 18 years old residents, or 0.37 kids per one worker, or 0.48 kids per one household.

Bloomington Real Estate & Bloomington Homeownership

There are 10918.8 or 30% one person households, 13830.48 or 38% two person households, and 5095.44 or 14% three person households in Bloomington, Minnesota. Median residents age is 40.1, Senior citizens (65+) make up 13,358 or 15.7%% of Bloomington population.

There are 47,327 workers (over 16 years of age) in Bloomington. Of these, 91.35% drive to work. Approximately 2.94% of workers in Bloomington take public transportation. An estimated 1.5% walk to work.

Median Bloomington homeowner's housing expences are 16.7%

Crime in Bloomington (2003), crimes per 10,000 residents per year

Type of Crime Bloomington USA, 2003
Violent Crimes
17.49
47.5
Robberies
6.11
14.2
Aggravated Assaults
8.45
29.5
Property Crimes
419.03
358.8
Burglaries
38.98
74.0
Larceny-Thefts
350.82
241.5
Motor Vehicle Thefts
29.23
43.3

Invest in Bloomington Properties

When making a decision about buying real estate in Bloomington Minnesota area, you should consider following statistical data:

Category Bloomington USA
Near Medium City
-
Near Large City
Milwaukee, Wisconsin
-
Bloomington Zip Codes
55420, 55425, 55431, 55435, 55437, 55438, 55439
-
Bloomington Area Codes
952
-
White population
88.12%
75.1%
African-American population
3.42%
12.3%
Asian
5.09%
3.6%
American Indian & Alaskan
0.35%
0.9%
Hispanic (of any race)
2.69%
12.5%
Median Family Income (1999)
$ 67,135%
$42,000
Population Below Poverty Level
3.92%
12.4%

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