All Countries
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
Income Overview
Median Household Income
$110,989
48% above
US avg: $75,149
Per Capita Income
$47,238
21% above
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
2.8%
77% below
US avg: 12.4%
Income Comparison: Shakopee vs. U.S. Average
Each bar shows Shakopee’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$110,989
148%
Per Capita
US: $39,052
$47,238
121%
IRS Avg AGI
US: $72,000
$110,807
154%
Avg Weekly Wage
US: $1,432
$1,195
83%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,195
17% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
16.9%
11% above US avg (15.2%)
Drive Alone
72.5%
1% below US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$10,952M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.5%
Public Transit
0.3%
Work From Home
16.9%
Other
10.3%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,996
Restaurants
254
Healthcare
327
Retail
322
Manufacturing
172
Tax & Financial
IRS Avg Adjusted Gross Income
$110,807
54% above US avg ($72,000)
Avg Property Tax
$5,631
61% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $110,989 |
| Per Capita Income | $47,238 |
| IRS Avg Adjusted Gross Income | $110,807 |
| Avg Weekly Wage | $1,195 |
| County GDP | $10,952M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 2.8% |
| Gini Coefficient | 0.408 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 72.5% |
| Public Transit | 0.3% |
| Work From Home | 16.9% |
Businesses
| Total Establishments | 3,996 |
| Restaurants | 254 |
| Healthcare | 327 |
| Retail | 322 |
| Manufacturing | 172 |
Tax
| IRS Avg AGI | $110,807 |
| Avg Property Tax | $5,631 |