Median home value is about $312,900 — about 10% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,384 (about 19% above the U.S. median rent ($1,163)), and owner-occupancy near 36.3% (about 29.1 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 55425 in Bloomington, MN, a household would need roughly $86,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,010. That is about 26% above the local median household income ($68,517), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.