47403, Bloomington, IN

The Bloomington zip code 47403 has a population of around 101,000 people and is located in the northwest corner of Indiana. The median household income in this zip code is $75,000 which is above the national median of $53,046. The median home value in this zip code is $235,000 which is also above the national median of $177,500. Bloomington has a relatively low unemployment rate of 3.5% which is lower than the national average of 4.9%.

Bloomington's economy relies heavily on its tertiary sector which includes health care, education and technology companies. This sector accounts for almost one-third of Bloomington's GDP and employs around 30% of the city's workforce. Despite this reliance on tertiary sector businesses, Bloomington has maintained a strong job market with an unemployment rate that has not exceeded 4% for more than 10 years. This strong job market has helped to keep home prices high in Bloomington relative to other areas in Indiana and nationwide.

Despite having high home values, there are still many opportunities available to buyers in the 47403 zip code. The city of Bloomington offers a variety of housing options from single family homes to apartments and condos. Additionally, there are a number of large retail complexes located within close proximity to homes in this area including Walmart Supercenter and Target Corporation stores.