Bloomington, Illinois Income Statistics
Bloomington Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Bloomington Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bloomington | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,047 | $84,042 | $80,455 |
| Median Personal Income | $60,701 | $64,565 | $60,758 |
| Average Yearly Income Growth | 2.7% | 4.5% | 4.8% |
| Six-Figure Earners | 13.4% | 15.0% | 13.9% |
| $200k+ Households | 9.0% | 13.8% | 13.2% |
The median household income in Bloomington is about 13% lower than in Illinois. Income has been growing slower in Bloomington (2.7%/yr) than in Illinois (4.5%/yr).
About 13% of adults in Bloomington earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bloomington, Illinois grew by 41.7% from 2009 to 2024, reaching $73,047 in 2024. That's an average of about 2.7% per year.
Income Inequality and the Gender Pay Gap in Bloomington
| Metric | Bloomington | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.547 | 0.552 |
| Male Median Income | $72,802 | $73,933 | $69,667 |
| Female Median Income | $55,081 | $60,067 | $56,850 |
| Gender Pay Gap | 24.3% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bloomington, it is 0.526, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 32% more than women's income in Bloomington, Illinois. Over a 35-year career, a 32% wage gap accumulates to roughly $620,235 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bloomington, Illinois has narrowed from about 29% to 24% in 2024. Over that period the gap was narrowest at 19% in 2019. In dollar terms, the gap has widened by $2,616 since 2009.
Employment
| Metric | Bloomington | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 5.8% | 5.2% |
| Working from Home | 19.4% | 15.9% | 15.0% |
| Commute time (minutes) | 13 | 23 | 22 |
Approximately 952 people are unemployed in Bloomington, Illinois.
The average commute time in Bloomington is 13 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bloomington, Illinois has fallen from 6.9% to 2.8% in 2024. Over that period the rate peaked at 7.3% in 2013 and fell as low as 2.6% in 2023.
Bloomington, IL Wealth Compared With Nearby Cities
How Bloomington, IL compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bloomington, IL | 63,748 | $73,047 #1/2 | 2.7%/yr #1/2 | 2.8% #1/2 | 0.526 #1/2 |
| Normal, IL | 43,476 | $57,796 | 1.6%/yr | 4.2% | 0.630 |
Conclusion
Considering all these factors, Bloomington, Illinois has an overall wealth index grade of B, making it about on par with Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bloomington, Illinois.
How Rich Is Bloomington, Illinois?
Bloomington has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $73,047, about 13% lower than the Illinois average of $84,042.
How fast is household income rising in Bloomington, Illinois?
Between 2009 and 2024, the median household income in Bloomington, Illinois rose 42%, from $51,542 to $73,047. Over the same years, income here lagged behind Illinois as a whole: +42% against +52%.
What was the median household income in Bloomington in 2023?
In 2023, the median household income in Bloomington, Illinois was $70,623, up 2% from $68,981 in 2022. The Illinois median that year was $82,182.
What was the median household income in Bloomington in 2020?
In 2020, the median household income in Bloomington, Illinois was $62,034. By 2024 it had risen 18% to $73,047.
Is it hard to find a job in Bloomington, Illinois?
Unemployment in Bloomington, Illinois is only 2.8%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Bloomington, Illinois?
The Gini coefficient in Bloomington is 0.526. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bloomington, Illinois?
Since 2009, the income gap between men and women in Bloomington, Illinois has narrowed from about 29% to 24% in 2024. Over that period the gap was narrowest at 19% in 2019. In dollar terms, the gap has widened by $2,616 since 2009.
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