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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

Change Over Time (2013–2023)

Population Change
+20.7%
39,109 → 47,211
over 10 years
Annual Pop. Growth
+1.9%
Compound annual growth rate
Median Income Change
+39.2%
$79,743 → $110,989
nominal, not inflation-adjusted
Annual Income Growth
+3.36%
Compound annual growth rate

Population Over Time

Total population for Shakopee across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
53,860
+6,649 from 2023 (47,211)
Projected Median Income 2030
$139,877
+$28,888 from 2023 ($110,989)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 39,109 $79,743
2015 39,839 +1.9% $78,731 -1.3%
2017 40,747 +2.3% $84,400 +7.2%
2019 41,569 +2% $87,719 +3.9%
2021 44,547 +7.2% $96,473 +10%
2023 47,211 +6% $110,989 +15%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.