Bloomington is a major suburban employment hub, home to the Mall of America and several corporate headquarters. Hennepin County's property tax rate applies here, and above-median incomes support demand for homes priced moderately higher than the Twin Cities metro average.
Recommended for incomes above $100k/yr (28% DTI rule)
Bloomington housing market
The 1.28% property tax rate reflects the county-level effective rate for Bloomington and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Minnesota average — county-level data produces more accurate monthly payment estimates for Bloomington buyers. Many Bloomington properties also carry HOA fees — the area average is approximately $200/month, which is not included in the calculator above.
Rate history
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