MyNeighborhood

Can you afford to live in Bloomington?

Median household income, home values and rent in Bloomington, IL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Bloomington.

Median household income: $75,449 — +21.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,004/mo — +30.6% since 2015

Median home value, 2015 to 2023

  • 2015: 163800
  • 2023: 198800

Median household income

  • Bloomington: 75449
  • McLean County: 78329
  • IL: 81702
  • U.S.: 78538

Median gross rent

  • Bloomington: 1004
  • McLean County: 992
  • IL: 1227
  • U.S.: 1348

Share of income a typical renter spends on rent: 24.5% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($75,449 versus $78,538).

The typical renter here spends 24.5% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+30.6% versus +21.2%), before adjusting for inflation.

Sources

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