Area Statistics
    Location

  • Renwick Village Center is located at the corner of Sare Road/College Mall Road and Moores Pike, servicing substantial residential developments just south of the Renwick Community in southeast Bloomington, Indiana, Monroe County.
    Population

  • Market area population: 93,603
  • 5-year projection: 98,146
  • Indiana’s 7th-largest metropolitan area
  • Education level substantially higher, 40% of adults age 25+ have a Bachelor’s degree or higher.
    Income / Wealth

  • Avg. household income: $91,515 (w/in one mile)
  • Avg. household net worth: $603,403 (w/in one mile)
  • Avg. disposable income: $66,504 (w/in one mile)
    Employment

  • 93.4% of the labor force in the market area is employed.
  • Within a 5-mile ring, the labor force is 40,644.
  • 66% – white collar, 12.6% blue collar, 21.4% service jobs
  • Largest employers: Indiana University, Cook, Inc., and City of Bloomington
    Transportation/Accessibility

  • Sare Road/College Mall Road (11,500 ADT) and Moores Pike (14,000 ADT) is a signalized intersection that supports major traffic flow to and from Indiana University and other major employers. The Village Center has four entrances, one directly off Sare Road and one via the roundabout on Moores Pike to Queensway.
    Retail Occupancy & Trends

  • Average retail/office occupancy for the Monroe/Bloomington area is about 95%. Rents for office space range from $12-20 psf in campus and east locations, $10-15 psf in west, north, south, and downtown areas.