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
$404,615 Zillow
$1,495
Median Rent
28.2% income on rent
47°F
Avg Temperature
114
Violent Crime/100K
1,167 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$110,989 median income, 3.6% unemployment
A+
Affordability
4.9 / 5.0
$361,400 home value, $1,495/mo rent
F
Safety
1.0 / 5.0
114 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.