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Housing Affordability in Bloomington, IL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 24.4%
- Illinois 30.4%
- Renters paying 30%+
- 38.4%
- Illinois 47.9%
- Homeowners paying 30%+
- 16.4%
- Illinois 22.4%
- Owner costs with a mortgage
- $1,621/mo
- Illinois $1,987/mo
Housing costs compared with income
- Renters paying 30% or more4,62438.4%
- Homeowners paying 30% or more3,50516.4%
- Renters paying 50% or more2,27118.8%
- Median rent as a share of income: 24.9%
- Median owner costs as a share of income, with a mortgage: 18.3%
- Median owner costs without a mortgage: $672/mo
- Median home value divided by median household income: 2.6
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Bloomington, IL | 24.4% | 38.4% | 16.4% | 24.9% |
| McLean County | 25.5% | 45.0% | 16.0% | 27.5% |
| Illinois | 30.4% | 47.9% | 22.4% | 29.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Bloomington, IL?
- In Bloomington, IL, 24.4% of households spend 30% or more of their income on housing costs.
- How does Bloomington compare with Illinois?
- The households paying 30%+ for housing in Bloomington is 24.4%, compared with 30.4% for Illinois as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates