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Shorewood city, Minnesota

City

Population: 7,679 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Shorewood city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Shorewood city

What is the median household income in Shorewood city?
The median household income in Shorewood city is $172,325 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Shorewood city?
The poverty rate in Shorewood city is 4.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Shorewood city?
$684,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Shorewood city?
The median gross rent in Shorewood city is $2,099 per month (U.S. Census Bureau ACS 2023).
What percentage of Shorewood city residents have a college degree?
72.8% of adults in Shorewood city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,679
Median Income
$172,325
Median Home Value
$684,500
Poverty Rate
4.5%
Unemployment (ACS 2023)
4.5%
Median Age
48.0 yrs
Since 2019 Median Income: +$32,369 (+23.1%) Home Value: +$199,200 (+41%) Poverty Rate: +1.5 pp (+50%) Bachelor's+: +3.4 pp (+4.9%) Unemployment: -0.3 pp (-6.2%)

Demographics

Total Population 7,679
Median Age 48.0
Female 48.6%
Race & Ethnicity
Hispanic or Latino 4.7% White (non-Hisp.) 90.1% Black 0.4% Asian 0.5% Two or More 7.4% Other 0.8%
Hispanic Subgroups (% of total pop.)
Mexican
2.6%
Cuban
0.4%
Puerto Rican
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $172,325 ±$24,794
+$84,769 vs. state
Per Capita Income $214,525
Median Family Income $191,636
Poverty Rate 4.5%
-1.0 pp vs. state
Child Poverty Rate 3.6%
Working-Age Poverty Rate
SNAP Recipients 1.9%
Social Security Income
Retirement Income 28.3%
Household Income Distribution
< $10k
2.2%
$10–15k
1.5%
$15–25k
1.9%
$25–35k
1.9%
$35–50k
3.6%
$50–75k
6.0%
$75–100k
13.0%
$100–150k
13.9%
$150–200k
13.3%
$200k+
42.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 3,021
Owner-Occupied 94.0%
Renter-Occupied 6.0%
Vacancy Rate 2.3%
Median Home Value $684,500
+$379,000 vs. state
Median Gross Rent $2,099
Owner Cost Burden (30%+) 25.3%
Renter Cost Burden (30%+) 46.2%
Home Value Distribution
$50–100k
0.3%
$100–200k
0.3%
$200–300k
2.2%
$300–500k
18.6%
$500k–$1M
59.3%
$1M+
18.7%
Gross Rent Distribution
< $500
5.8%
$1–1.5k
38.6%
$2–2.5k
28.1%
$2.5–3.5k
17.0%
$3.5k+
10.5%
Vehicle Availability
No vehicle
2.0%
1 vehicle
19.2%
2 vehicles
50.4%
3+
28.3%
Housing Type
Single-fam. det.
79.5%
Single-fam. att.
15.6%
2–4 units
1.1%
20+ units
2.7%
Housing Age
Pre-1940
7.6%
1940–1969
2.8%
1970–1999
8.7%
2000–2009
9.1%
2010+
6.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 98.9%
Bachelor's or Higher 72.8%
+34.0 pp vs. state
Graduate Degree 28.1%
Some College / Associate 12.7%
Less Than High School 0.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 65.5%
Unemployment Rate 4.5%
+0.6 pp vs. state
Work from Home 29.8%
Self-Employed 7.5%
Government Workers 13.3%
Private For-Profit 79.2%
Industry
Edu/Health
24.5%
Prof. Services
16.5%
Finance
15.2%
Manufacturing
10.5%
Retail
7.0%
Construction
6.1%
Wholesale
5.3%
Arts/Entmt.
4.3%
Transportation
3.4%
Information
3.1%
Public Admin
2.2%
Agriculture
0.4%
Occupation
Management
67.3%
Sales
16.7%
Food Prep
8.0%
Production
5.0%
Construction
3.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.7 min
Drove Alone 64.7%
Carpool 2.3%
Public Transit 0.1%
Work from Home 29.8%
Walked 1.1%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,952
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 72.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 30.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.0%
5–9
5.4%
10–14
9.3%
15–19
8.2%
20–24
1.5%
25–34
4.2%
35–44
12.6%
45–54
14.0%
55–64
9.9%
65–74
11.8%
75–84
11.4%
85+
4.5%
Under 18: 26.9% Working age (18–64): 73.1% 65 and over: 18.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.9%
Naturalized Citizen 89.9%
Speaks English Less Than Very Well 0.5%
Foreign-Born Origin
Asia
39.6%
Europe
36.2%
Africa
12.1%
Latin America
7.4%

Veterans & Disability

Veteran 7.1%
With a Disability 6.9%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.7%
Uninsured 2.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.5%
Has a Computer 99.4%
Same House 1 Year Ago 93.6%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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