At a Glance
Median Income
$172,325
$87,623 per capita
Home Value
$684,500
Zillow: $828,641
Median Rent
$2,099/mo
33.8% of income on rent
Bachelor's Degree+
72.8%
98.9% high school+
Unemployment
4.5%
4.5% poverty rate
Obesity Rate
23.5%
7.7% smoking rate
How Shorewood Compares to the U.S. Average
Each bar shows Shorewood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Shorewood a Good Place to Live?
A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Shorewood residents earn a median household income of $172,325 , which is 129% above the national average of $75,149.
Per capita income is $87,623. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 4.5% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.
Housing & Cost of Living
The median home value in Shorewood is $684,500 , 143% above the national median of $281,900.
Zillow estimates the typical home at $828,641. Median rent is $2,099/month, with 33.8% 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 1986.
Education
72.8% of adults in Shorewood hold a bachelor's degree or higher
(116% above the national average).
98.9% have completed high school. Local schools score 7.2/10 in standardized testing.
Climate & Weather
Shorewood 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.
Data Overview
People
Population7,679
Median Age48.0 yrs
Density1,446/mi²
Male / Female51% / 49%
Foreign Born1.9%
Veterans7.1%
Economy
A+
Median Income$172,325
Per Capita$87,623
Unemployment4.5%
Poverty4.5%
County GDP$7,614M
Avg Weekly Wage$1,297
Housing
A
Home Value$684,500
Rent$2,099
Ownership94.0%
Zillow$828,641
Housing Units3,009
Rent Burden33.8%
Health
Obesity23.5%
Diabetes5.4%
Smoking7.7%
Heart Disease3.7%
Premature Death3,990/100K
Climate
Avg Temp47°F
Rain30.6 in/yr
Elevation965 ft
Education
A+
Bachelor's+72.8%
High School+98.9%
Graduate+28.1%
School Score7.2/10
Community
2024 VoteR 52% / D 46%
Commute24 min
Broadband97.5%
Internet Speed126 Mbps
EV Stations1
Libraries7
Did You Know?
Shorewood was founded in 1956.
The median home in Shorewood was built in 1986.
29.8% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (18 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.9% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.