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Shakopee, MN

Full City Profile · Minnesota · Scott County County

3.7 /5.0
B+ Good
45,002 Population 1,525/sq mi density
$110,989 Median Income $47,238 per capita
$361,400 Home Value $398,155 Zillow
$1,495 Median Rent 28.2% income on rent
47°F Avg Temperature 270 sunny days/yr
193 Violent Crime/100K 1,778 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$110,989 median income, 2.7% unemployment
A+
Affordability
4.9 / 5.0
$361,400 home value, $1,495/mo rent
F
Safety
1.0 / 5.0
193 violent crimes/100K
A
Education
4.2 / 5.0
39.9% bachelor's degree or higher

Shakopee, MN

At a Glance

Median Income
$110,989
48% above
$47,238 per capita
Home Value
$361,400
28% above
Zillow: $398,155
Median Rent
$1,495/mo
29% above
28.2% of income on rent
Violent Crime
193/100K
49% below
1,778/100K property
Bachelor's Degree+
39.9%
18% above
93.1% high school+
Unemployment
2.7%
25% below
2.8% poverty rate
Obesity Rate
32.0%
0% below
13.0% smoking rate
Avg Temperature
47°F
270 sunny days/yr

How Shakopee Compares to the U.S. Average

Each bar shows Shakopee's value as a percentage of the national average (100% = U.S. avg)

Income
148%
Home Value
128%
Rent
129%
Poverty
23%
Bachelor's
118%
Unemployment
75%
Crime
51%
Thin vertical line = U.S. national average (100%)

Is Shakopee a Good Place to Live?

B+
3.7 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Shakopee residents earn a median household income of $110,989 , which is 48% above the national average of $75,149. Per capita income is $47,238. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 3,996 business establishments, including 254 restaurants.

Housing & Cost of Living

The median home value in Shakopee is $361,400 , 28% above the national median of $281,900. Zillow estimates the typical home at $398,155. Median rent is $1,495/month, with 28.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1998.

Safety & Crime

Shakopee reports 193 violent crimes per 100,000 residents , which is 49% below the national average of 380/100K. Property crime is 1,778/100K. The murder rate is 0.0/100K.

Education

39.9% of adults in Shakopee hold a bachelor's degree or higher (18% above the national average). 93.1% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Shakopee has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. The area gets 270 sunny days per year. Annual precipitation totals 30.6 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population45,002
Median Age35.5 yrs
Density1,525/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans4.1%

Economy

A+
Median Income$110,989
Per Capita$47,238
Unemployment2.7%
Poverty2.8%
County GDP$10,952M
Avg Weekly Wage$1,195

Housing

A+
Home Value$361,400
Rent$1,495
Ownership76.8%
Zillow$398,155
Housing Units16,116
Rent Burden28.2%

Crime

F
Violent193/100K
Property1,778/100K
Murder0.0/100K
Assault98/100K
Burglary179/100K

Health

Obesity32.0%
Diabetes9.5%
Smoking13.0%
Heart Disease4.8%
Premature Death4,774/100K

Climate

Avg Temp47°F
Sunny Days270/yr
Rain30.6 in/yr
AQI36 (Good)
Elevation791 ft

Education

A
Bachelor's+39.9%
High School+93.1%
Graduate+11.5%
School Score6.9/10

Community

2024 VoteR 53% / D 45%
Commute22 min
Broadband94.6%
Internet Speed144 Mbps
EV Stations15
Libraries8

Did You Know?

The median home in Shakopee was built in 1998.
16.9% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (15 miles).
The Gini coefficient (income inequality) is 0.408 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
9.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 144 Mbps.
There are 254 restaurants in the area.
The county recorded 12 fatal vehicle crashes.