At a Glance
Median Income
$110,989
$47,238 per capita
Home Value
$361,400
Zillow: $404,615
Median Rent
$1,495/mo
28.2% of income on rent
Violent Crime
114/100K
1,167/100K property
Bachelor's Degree+
39.9%
93.1% high school+
Unemployment
3.6%
2.8% poverty rate
Obesity Rate
32.0%
13.0% smoking rate
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)
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 3.6% (0% 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 $404,615. 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 114 violent crimes per 100,000 residents
, which is 70% below the national average of 380/100K.
Property crime is 1,167/100K. The murder rate is 2.1/100K.
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. Annual precipitation totals 30.6 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population45,002
Median Age35.5 yrs
Density1,525/mi²
Male / Female49% / 51%
Foreign Born16.6%
Veterans4.1%
Economy
A+
Median Income$110,989
Per Capita$47,238
Unemployment3.6%
Poverty2.8%
County GDP$10,952M
Avg Weekly Wage$1,195
Housing
A+
Home Value$361,400
Rent$1,495
Ownership76.8%
Zillow$404,615
Housing Units16,116
Rent Burden28.2%
Crime
F
Violent114/100K
Property1,167/100K
Murder2.1/100K
Assault56/100K
Burglary87/100K
Health
Obesity32.0%
Diabetes9.5%
Smoking13.0%
Heart Disease4.8%
Premature Death4,774/100K
Climate
Avg Temp47°F
Rain30.6 in/yr
AQI42 (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.
9.7% of the population has a disability.
16.6% 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.