Shorewood SnackAbility
Overall SnackAbility
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 148 with 100 being average.
The cost of living in Shorewood is 1.5x higher than the national average.
The median home value in Shorewood is $804,464.
The median income in Shorewood is $171,063.
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 | 148 | 101 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 253 | 99 | 100 |
| Housing | 101 | 101 | 100 |
| Transportation | 108 | 103 | 100 |
| Utilities | 94 | 101 | 100 |
Source: Cost of living index, normalized to US average = 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
Source: NOAA climate normals (30-year)
Shorewood, MN Photos
Rankings & Articles For Shorewood
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Map Of Shorewood, MN
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Shorewood Demographics And Statistics
Population over time in Shorewood
The current population in Shorewood is 7,647. The population has increased 5.2% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 7,647 | -0.4% |
| 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
See the full breakdown
Shorewood is:
88.6% White with 6,776 White residents.
0.3% African American with 22 African American residents.
0.0% American Indian with 1 American Indian residents.
0.6% Asian with 46 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.5% Other with 36 Other residents.
3.9% Two Or More with 299 Two Or More residents.
6.1% Hispanic with 467 Hispanic residents.
| Race | Shorewood | MN | USA |
|---|---|---|---|
| White | 88.6% | 75.9% | 57.4% |
| African American | 0.3% | 6.9% | 11.9% |
| American Indian | 0.0% | 0.7% | 0.5% |
| Asian | 0.6% | 5.1% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.5% | 0.5% | 0.6% |
| Two Or More | 3.9% | 4.5% | 4.3% |
| Hispanic | 6.1% | 6.4% | 19.3% |
Gender in Shorewood
See the full breakdown
Shorewood is 48.4% female with 3,702 female residents.
Shorewood is 51.6% male with 3,944 male residents.
| Gender | Shorewood | MN | USA |
|---|---|---|---|
| Female | 48.4% | 49.9% | 50.5% |
| Male | 51.6% | 50.1% | 49.5% |
Highest level of educational attainment in Shorewood for adults over 25
See the full breakdown
0.0% of adults in Shorewood completed < 9th grade.
1.0% of adults in Shorewood completed 9-12th grade.
8.0% of adults in Shorewood completed high school / ged.
14.0% 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.
20.0% of adults in Shorewood completed master's degree.
5.0% of adults in Shorewood completed professional degree.
2.0% of adults in Shorewood completed doctorate degree.
| Education | Shorewood | MN | USA |
|---|---|---|---|
| < 9th Grade | 0.0% | 3.0% | 4.0% |
| 9-12th Grade | 1.0% | 3.0% | 6.0% |
| High School / GED | 8.0% | 23.0% | 26.0% |
| Some College | 14.0% | 19.0% | 19.0% |
| Associate's Degree | 5.0% | 12.0% | 9.0% |
| Bachelor's Degree | 45.0% | 26.0% | 22.0% |
| Master's Degree | 20.0% | 10.0% | 10.0% |
| Professional Degree | 5.0% | 2.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
Household Income For Shorewood, Minnesota
See the full breakdown
2.2% of households in Shorewood earn Less than $10,000.
1.9% of households in Shorewood earn $10,000 to $14,999.
2.2% of households in Shorewood earn $15,000 to $24,999.
2.3% of households in Shorewood earn $25,000 to $34,999.
3.3% of households in Shorewood earn $35,000 to $49,999.
6.4% of households in Shorewood earn $50,000 to $74,999.
12.2% of households in Shorewood earn $75,000 to $99,999.
14.5% of households in Shorewood earn $100,000 to $149,999.
13.3% of households in Shorewood earn $150,000 to $199,999.
41.8% of households in Shorewood earn $200,000 or more.
| Income | Shorewood | MN | USA |
|---|---|---|---|
| Less than $10,000 | 2.2% | 3.8% | 5.0% |
| $10,000 to $14,999 | 1.9% | 2.7% | 3.4% |
| $15,000 to $24,999 | 2.2% | 5.2% | 6.3% |
| $25,000 to $34,999 | 2.3% | 5.6% | 6.6% |
| $35,000 to $49,999 | 3.3% | 9.3% | 10.1% |
| $50,000 to $74,999 | 6.4% | 15.6% | 15.5% |
| $75,000 to $99,999 | 12.2% | 13.2% | 12.6% |
| $100,000 to $149,999 | 14.5% | 19.6% | 17.5% |
| $150,000 to $199,999 | 13.3% | 11.2% | 9.6% |
| $200,000 or more | 41.8% | 13.8% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
