Shorewood, MN
Demographics And Statistics
Living In Shorewood, Minnesota Summary
Life in Shorewood research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Shorewood over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Shorewood:
The population in Shorewood is 7,679.
The median home value in Shorewood is $782,451.
The median income in Shorewood is $172,325.
The cost of living in Shorewood is 140 which is 1.4x higher than the national average.
The median rent in Shorewood is $2,099.
The unemployment rate in Shorewood is 4.5%.
The poverty rate in Shorewood is 5.2%.
The average high in Shorewood is 54.6° and the average low is 35.8°.
Table Of Contents
Shorewood SnackAbility
Overall SnackAbility
Shorewood, MN Cost Of Living
Cost of living in Shorewood summary. We use data on the cost of living to determine how expensive it is to live in Shorewood. Real estate prices drive most of the variance in cost of living around Minnesota. Key points include:
The cost of living in Shorewood is 140 with 100 being average.
The cost of living in Shorewood is 1.4x higher than the national average.
The median home value in Shorewood is $782,451.
The median income in Shorewood is $172,325.
Shorewood's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Shorewood Comparison Table
| Living Expense | Shorewood | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 140 | 97 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 102 | 110 | 100 | |
| Housing | 249 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 96 | 94 | 100 | |
Shorewood, MN Weather
The average high in Shorewood is 54.6° and the average low is 35.8°.
There are 57.0 days of precipitation each year.
Expect an average of 31.3 inches of precipitation each year with 51.3 inches of snow.
| Stat | Shorewood |
|---|---|
| Average Annual High | 54.6 |
| Average Annual Low | 35.8 |
| Annual Precipitation Days | 57.0 |
| Average Annual Precipitation | 31.3 |
| Average Annual Snowfall | 51.3 |
Average High
Days of Rain
Shorewood, MN Photos
Rankings for Shorewood in Minnesota
Locations Around Shorewood
Map Of Shorewood, MN
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Shorewood Demographics And Statistics
Population over time in Shorewood
The current population in Shorewood is 7,679. The population has increased 5.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 7,679 | -0.6% |
| 2022 | 7,722 | -0.7% |
| 2021 | 7,779 | -2.0% |
| 2020 | 7,939 | 0.9% |
| 2019 | 7,867 | 1.5% |
| 2018 | 7,752 | 0.7% |
| 2017 | 7,696 | 2.0% |
| 2016 | 7,548 | 0.5% |
| 2015 | 7,509 | 1.0% |
| 2014 | 7,438 | 0.6% |
| 2013 | 7,397 | 0.6% |
| 2012 | 7,350 | 0.6% |
| 2011 | 7,307 | 0.6% |
| 2010 | 7,267 | - |
Race / Ethnicity in Shorewood
Shorewood is:
90.1% White with 6,920 White residents.
0.2% African American with 16 African American residents.
0.0% American Indian with 2 American Indian residents.
0.5% Asian with 37 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.7% Other with 50 Other residents.
3.8% Two Or More with 292 Two Or More residents.
4.7% Hispanic with 362 Hispanic residents.
| Race | Shorewood | MN | USA |
|---|---|---|---|
| White | 90.1% | 76.7% | 58.2% |
| African American | 0.2% | 6.7% | 12.0% |
| American Indian | 0.0% | 0.7% | 0.5% |
| Asian | 0.5% | 5.0% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.7% | 0.4% | 0.5% |
| Two Or More | 3.8% | 4.1% | 3.9% |
| Hispanic | 4.7% | 6.2% | 19.0% |
Gender in Shorewood
Shorewood is 48.6% female with 3,730 female residents.
Shorewood is 51.4% male with 3,948 male residents.
| Gender | Shorewood | MN | USA |
|---|---|---|---|
| Female | 48.6% | 49.9% | 50.5% |
| Male | 51.4% | 50.1% | 49.5% |
Highest level of educational attainment in Shorewood for adults over 25
-1.0% of adults in Shorewood completed < 9th grade.
1.0% of adults in Shorewood completed 9-12th grade.
9.0% of adults in Shorewood completed high school / ged.
13.0% of adults in Shorewood completed some college.
5.0% of adults in Shorewood completed associate's degree.
45.0% of adults in Shorewood completed bachelor's degree.
22.0% of adults in Shorewood completed master's degree.
4.0% of adults in Shorewood completed professional degree.
2.0% of adults in Shorewood completed doctorate degree.
| Education | Shorewood | MN | USA |
|---|---|---|---|
| < 9th Grade | -1.0% | 2.0% | 5.0% |
| 9-12th Grade | 1.0% | 3.0% | 6.0% |
| High School / GED | 9.0% | 24.0% | 26.0% |
| Some College | 13.0% | 20.0% | 19.0% |
| Associate's Degree | 5.0% | 12.0% | 9.0% |
| Bachelor's Degree | 45.0% | 25.0% | 21.0% |
| Master's Degree | 22.0% | 10.0% | 10.0% |
| Professional Degree | 4.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
Household Income For Shorewood, Minnesota
2.2% of households in Shorewood earn Less than $10,000.
1.5% of households in Shorewood earn $10,000 to $14,999.
1.9% of households in Shorewood earn $15,000 to $24,999.
1.9% of households in Shorewood earn $25,000 to $34,999.
3.6% of households in Shorewood earn $35,000 to $49,999.
6.0% of households in Shorewood earn $50,000 to $74,999.
13.0% of households in Shorewood earn $75,000 to $99,999.
13.9% of households in Shorewood earn $100,000 to $149,999.
13.3% of households in Shorewood earn $150,000 to $199,999.
42.8% of households in Shorewood earn $200,000 or more.
| Income | Shorewood | MN | USA |
|---|---|---|---|
| Less than $10,000 | 2.2% | 3.5% | 4.9% |
| $10,000 to $14,999 | 1.5% | 2.8% | 3.6% |
| $15,000 to $24,999 | 1.9% | 5.4% | 6.6% |
| $25,000 to $34,999 | 1.9% | 5.8% | 6.8% |
| $35,000 to $49,999 | 3.6% | 9.6% | 10.4% |
| $50,000 to $74,999 | 6.0% | 15.7% | 15.7% |
| $75,000 to $99,999 | 13.0% | 13.5% | 12.7% |
| $100,000 to $149,999 | 13.9% | 19.7% | 17.4% |
| $150,000 to $199,999 | 13.3% | 10.9% | 9.3% |
| $200,000 or more | 42.8% | 13.1% | 12.6% |
