HomeMinnesotaHennepin CountyBloomington
Bloomington, Minnesota: commercial real estate data.
Bloomington is a Census city of 88,665 people across 34.70 square miles of land, in Hennepin County. Median household income is $93,211, 65.7 percent of occupied homes are owned, and the SBA record carries 85 7(a) approvals to borrowers here worth $35.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Bloomington
What Bloomington is
- Census place typecity
- Land area34.7 sq mi
- Water area3.7 sq mi
- Population per square mile of land2,555
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bloomington
How many people live in Bloomington
- Population88,665
- Median age41.1
- Population under 1817,748
- Share under 1820.0 percent
- Population 65 and over18,309
- Share 65 and over20.6 percent
- Households37,601
- Family households22,295
- Share of households that are families59.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bloomington
Income and work in Bloomington
- Median household income$93,211
- Per capita income$52,173
- Civilian labor force50,338
- Employed47,941
- Unemployed2,397 plus or minus 487
- Unemployment rate4.8 percent plus or minus 1.0
- Adults 25 and over64,218
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher46.2 percent
- Adults 25 and over with a graduate degree14.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bloomington
Housing in Bloomington
- Housing units39,261
- Occupied units37,601
- Vacant units1,660 plus or minus 360
- Vacancy rate4.2 percent plus or minus 0.9
- Owner occupied24,722
- Renter occupied12,879
- Ownership rate65.7 percent
- Median owner-occupied home value$361,700
- Median gross rent, monthly$1,561
- Annual rent as a share of median income20.1 percent
- Single family units24,463
- Share single family62.3 percent
- Units in buildings of two or more14,646
- Share in buildings of two or more37.3 percent
- Mobile homes152 plus or minus 81
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bloomington
How Bloomington gets to work
- Workers 16 and over who commute36,439
- Commuting under 15 minutes10,336
- Share commuting under 15 minutes28.4 percent
- Commuting 30 minutes or more8,270
- Share commuting 30 minutes or more22.7 percent
- Drove alone63.0 percent
- Carpooled7.4 percent
- Public transport4.2 percent
- Walked1.3 percent plus or minus 0.5
- Worked from home22.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bloomington
SBA loans in Bloomington (7(a))
- Approvals85
- Gross approval$35,006,600
- Average approval$411,842
- Median approval$183,000
- Ninetieth percentile approval$1,446,580
- Largest approval$2,530,400
- Jobs supported1,216
- Jobs per approval14.3
- Loans with a final outcome23
- Paid in full21
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more1.2 percent
- Share to franchises14.1 percent
- Distinct lenders30
- Distinct industries by NAICS52
Counted by borrower city: approvals to borrowers whose address is in Bloomington, in any county, FY2020 to FY2026. Only 23 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bloomington
SBA loans in Bloomington (504)
- Approvals50
- Gross approval$64,980,000
- Average approval$1,299,600
- Median approval$720,000
- Largest approval$5,000,000
- Jobs supported792
- Loans with a final outcome16
- Charged off1
- Median term240 months
- Distinct CDCs7
Counted by borrower city: approvals to borrowers whose address is in Bloomington, in any county, FY2010 to FY2026. Only 16 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Bloomington
Flood risk in Bloomington
- NFIP communityCity of Bloomington
- NFIP community number275230
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/04/16
The City of Bloomington participates in the National Flood Insurance Program as community 275230 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hennepin County, not Bloomington
Hennepin County context, not Bloomington figures
- Establishments in Hennepin County40,486
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Housing units permitted, Hennepin County3,919
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Bloomington.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Bloomington questions, answered from the record.
How many people live in Bloomington, Minnesota?
88,665, in 37,601 households. Bloomington city covers 34.70 square miles of land, which is 2,555 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bloomington in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bloomington?
$93,211. The median owner-occupied home is valued at $361,700. Median gross rent is $1,561 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bloomington businesses?
85 7(a) approvals totaling $35.0 m since FY2020, across 30 lenders, median approval $183,000, plus 50 504 approvals worth $65.0 m since FY2010. These count approvals to borrowers whose address is in Bloomington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bloomington borrowers get paid back?
No rate is published for Bloomington. Only 23 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Bloomington in the National Flood Insurance Program?
Yes. Bloomington appears in the FEMA Community Status Book as Bloomington, city of, community 275230, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Bloomington figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bloomington.
Is zoning published for Bloomington?
No. Nothing on this page presents parcel level zoning.