Bloomington, Indiana – Retirement Guide

Bloomington, Indiana   Retirement Guide

As far as college towns go, Bloomington is a true charmer. Tucked into the hills of Southern Indiana, Bloomington’s cobblestone streets, more than 100 locally-owned restaurants — including Thai, Tibetan and Ethiopian, rich theater offerings and nearby wineries and breweries add to the town’s allure.

Bloomington can thank University of Indiana for much of its cultural diversity. Located in the heart of town, the university’s school of music performs more than 1,000 shows each year, while the theater department performs well-known productions throughout its season.

Retirees also owe the university thanks for the top-notch healthcare in town. The university’s hospital offers a number of well-regarded specialties, including cardiology, diabetes, cancer and stroke treatment.

Retirees on a budget should know that the cost of living in Bloomington is nearly 10% lower than the national average, and the median home price is lower than $150,000.

Pros: Charming town architecture, cultural diversity
Con: Chilly winters

At a Glance
Best For: College town lovers
Population: 81,381
Cost of Living: 9.6% lower than national average
Median Home Cost: $147,500
Unemployment: 6.6%
Top State Income Tax: Flat 3.4% income tax rate
Crime Rate: 24.3% lower than national average

Though Indiana’s unemployment rate is quite high, Bloomington’s is at a relatively low 6.6%.

Outdoors lovers will also find what to do in Bloomington. In proximity to the town lie a number of small lakes, 2 state parks, golf courses, 2 state forests and Hoosier National Forest where they can hike, bike or birdwatch.

Interested in continuing education? The Bloomington Lifelong Learning Coalition promotes senior enrichment at the university.

Top Retirement Cities in Indiana:  Bloomington

Photo by Jay Cuthrell via Flickr. All statistics were up to date as of publication. See these sources for the most current data.