With a unique mixture of historic and modern homes, the Bloomington IL real estate market offers a vast array of choices for suburban buyers. Victorians and Colonial style homes make up a majority of the historic homes while newer developments boast larger, more modern homes. Almost 61% of homes are owned in this area, and the fact that there are homes available at virtually every price point continues to attract buyers and investors.
Despite the fact that this is mainly a residential city, the city contains 66 different neighborhoods to choose from. The area’s Downtown District is home to the majority of the city’s businesses and entertainment venues. It contains nearly all of the city’s government structures and museums, and the area also offers a wide variety of restaurants, bars, and theaters for residents who are fond of the nightlife. Neighborhoods such as Hillcrest, Clearwater, Brookridge, and Fairway Knolls are largely occupied by subdivisions and residential apartment buildings, and these areas are highly coveted by family’s looking for a safe area to live.
If you are seeking employment, the Bloomington area’s healthy economy will work to your advantage. The largest employer in the city is the insurance giant State Farm, which employs almost 14,500 workers from the surrounding area. Bloomington is also home to several colleges and universities, including Illinois State University and Illinois Wesleyan University, which are the city’s second and thirteenth largest employers respectively. Mitsubishi Motor Manufacturing of American also has a production center in the city and the area is one of the few parts of the country that still benefits from the manufacturing industry. Bloomington is served by two major state school districts that are currently the fourth and eleventh largest employers in the city. Many of Bloomington’s residents work for the state and local governments, and McLean County, the City of Bloomington, and the State of Illinois remain some of the most prominent providers of jobs in this area.