Surrounding Metropolitan Area
Bloomington, Indiana is a part of the Minneapolis-St.Paul-Bloomington, MN-WI metropolitan area, and contains 8 zip codes, including: 47401, 47407, 47405, 47408, 47402, and 47404.
Bloomington Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Bloomington, IN metropolitan area was $867, which is 14.68% lower than 2014 average rent. This represents a compounded annual growth rate of 2.78%. 2019 vacancy in Bloomington, IN was 3.90%.
The total population of the city of Bloomington, IN has grown 5.69% since 2010. As of 2018, the population was 84,981. The median household income of the Bloomington was $34,435, which is 42.89% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Minneapolis-St.Paul-Bloomington, MN-WI
$867
14.68%
3.90%
$34,435
84,981
5.69%
42.89%
47401 47402 47403 47404 47405 47406 47407 47408
Submarket Area Minneapolis-St.Paul-Bloomington, MN-WI
Avg Rent $867
Rent Growth 14.68%
Vacancy 3.90%
Median Income $34,435
Population (2018) 84,981
Population Growth 5.69%
Vs. Nat’l Avg 42.89%
Zip Codes 47401 47402 47403 47404 47405 47406 47407 47408