Shorewood, MN demographics:
population, income, and more

Total population
7,647
-0.4% year-over-year change
Median household income
$171,063/yr
-0.7% year-over-year change
Housing units
3,041
0.7% year-over-year change

Shorewood population

How many people live in Shorewood

Shorewood is home to 7,647 residents, according to the most recent Census data. Gender-wise, 51.6% of Shorewood locals are male, and 48.4% are female.

Total population
7,647
-0.4% year-over-year change
Gender ratio
Male
51.6%
3,944
Female
48.4%
3,703
Value Percent YoY change
Male 3,944 51.6% -0.1%
Female 3,703 48.4% -0.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Shorewood is 48, with the population distributed as follows: about 19.5% are children under 15, then 9% are in the 15 to 24 age group. Adults between 25 and 44 make up 17% of the population, while another 35% fall into the 45 to 64 bracket. Finally, around 19.6% are 65 or older.

Median age
48.3
Age breakdown
Under 15
19.5%
15 to 24
9%
25 to 44
17%
45 to 64
35%
Over 65
19.6%
Value Percent YoY change
Under 15 1,490 19.5% -1.6%
15 to 24 687 9% -7.4%
25 to 44 1,299 17% 0.7%
45 to 64 2,673 35% -2.3%
Over 65 1,498 19.6% 7.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Shorewood, 95.8% of the population are US-born citizens, while 3.2% have gained naturalized citizenship. At the same time, 1% of residents are non-citizens. As for race, 89.7% of locals are Caucasian, 0.5% are African American and 0.6% have Asian roots. There’s also a share of 8.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.8%
Non-U.S.-born citizens
3.2%
Non-citizens
1%
Value Percent YoY change
U.S.-born citizens 7,326 95.8% -1.8%
Non-U.S.-born citizens 248 3.2% 23.4%
Non-citizens 73 1% 386.7%
Racial breakdown
White
89.7%
Black or African American
0.5%
American Indian and Alaska Native
0%
Asian
0.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8.4%
Other
0.8%
Value Percent
White 6,860 89.7%
Black or African American 37 0.5%
American Indian and Alaska Native 1 0%
Asian 46 0.6%
Two or more races 643 8.4%
Other 60 0.8%

Households in Shorewood

A peek inside Shorewood households

Shorewood has 2,975 households, with an average of 3 members in each. Of these, 79.2% are families, while the remaining 20.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,975
0.8% year-over-year change
Average people per household
3
Non-family households
619
Family households
2,356
Value Percent YoY change
Non-family households 619 20.8% 10.5%
Family households 2,356 79.2% -1.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Shorewood

The housing landscape of Shorewood

Shorewood's housing consists of 3,041 units, with 78.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 15.8% and offer a more compact, shared living style.

Housing units
3,041
0.7% year-over-year change
Housing types
Value Percent
1 unit, detached 2,392 78.7%
1 unit, attached 482 15.8%
2 units 41 1.4%
3 or 4 units 16 0.5%
10 to 19 units 15 0.5%
50 or more units 95 3.1%
Homes built since 2020
74
76.2% year-over-year change

The age of buildings in Shorewood

In Shorewood, the median construction year is 1987. About 6.6% of homes were built before the 1940s, with another 2.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.8% of homes were added from 2000 to 2009, 8% between 2010 and 2019, and 2.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 202 6.6% -12.2%
Built between 1940 and 1949 86 2.8% 1.2%
Built between 1950 and 1959 172 5.7% -19.6%
Built between 1960 and 1969 270 8.9% 32.4%
Built between 1970 and 1979 294 9.7% 11.4%
Built between 1980 and 1989 712 23.4% -10.6%
Built between 1990 and 1999 720 23.7% 2.1%
Built between 2000 and 2009 269 8.8% -2.5%
Built between 2010 and 2019 242 8% 18.1%
Built in 2020 or later 74 2.4% 76.2%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Shorewood occupancy rates

Out of the 2,975 occupied housing units in Shorewood, 93.2% are owner-occupied, while 6.8% are lived in by tenants. Meanwhile, 2.2% of all homes on the local market sit vacant.

Occupied housing units
2,975
0.8% year-over-year change
Occupancy breakdown
Renter occupied
203
Owner occupied
2,772
Value Percent YoY
change
Renter occupied 203 6.8% 14.0%
Owner occupied 2,772 93.2% -0.1%
Unoccupied housing units
2.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Shorewood housing costs

Housing costs in Shorewood come to a median of $3,065 per month, while tenants specifically pay a median gross rent of $1,607.

Median housing costs per month
$3,065/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Shorewood
$1,607/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Shorewood

Shorewood education at a glance

About 11.1% of the population in Shorewood went to high school, while 13.8% pursued college studies. Another 4.4% earned an associate degree and 44.4% hold a bachelor’s. Meanwhile, 26.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 626 11.1% -2.2%
College diploma 778 13.8% 9.0%
Associate degree 248 4.4% -0.8%
Bachelor's degree 2,494 44.4% 0.4%
Graduate degree 1,477 26.3% -3.5%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Shorewood

How much people earn in Shorewood

The average annual household income in Shorewood was $255,768 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.8% change from the previous year. At the same time, the median income stood at $171,063, reflecting a -0.7% shift over the same period.

Average household income in Shorewood
$255,768/year
7.8% year-over-year change
Median household income in Shorewood
$171,063/year
-0.7% year-over-year change

Shorewood income by age

In Shorewood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $250,001. Those with someone between 45 and 64 in charge, often well established professionally, earn $194,492 overall. Overall, 94.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $250,001 4.5%
45 - 64 $194,492 4.0%
Over 65 $92,452 -4.2%
Above poverty level
7,216
Below poverty level
401
Value Percent YoY
change
Above poverty level 7,216 94.7% -0.4%
Below poverty level 401 5.3% 4.4%

Average renter income in Shorewood

To get a better sense of what renters earn on average in Shorewood, their median household income was $78,250 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$78,250
Rent-to-income ratio
24.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Shorewood

Workforce and job types in Shorewood

The job market in Shorewood is powered by 3,634 working residents, spread across a range of industries and roles. 92% of the working population are employed in professional or administrative positions, while 8% are in hands-on or service-based jobs. Also, 15% run their own businesses, 66.7% are employed by private companies, and 12.2% work in the public sector.

Workforce demographics

Working population
3,634
-2.7% year-over-year change
White collar
3,342
Blue collar
292
Value Percent YoY change
White collar 3,342 92% -2.8%
Blue collar 292 8% -1.7%
Employer type
Self employees
15%
Private companies
66.7%
Governmental workers
12.2%
Not for profit companies
6%
Value Percent YoY change
Self employees 547 15% 9.6%
Private companies 2,425 66.7% -2.5%
Governmental workers 444 12.2% -10.8%
Not for profit companies 218 6% -13.5%
Unemployment rate
5.0%
8.6% year-over-year change

Available workforce

The unemployment rate in Shorewood stands at 5%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Shorewood

How people get around in Shorewood

Commuting methods vary: 66.2% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 2,374 66.2% -4.4%
Taxicab 1 0% N/A
Bus or trolleybus 4 0.1% 33.3%
Motorcycle 11 0.3% 0.0%
Bicycle 56 1.6% 124.0%
Walk 37 1% -11.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Shorewood by zipcode?

Zipcode Population Number of households Median income Average income
55331 19,805 7,816 $159,450 $259,689
55364 14,097 6,392 $108,725 $176,636

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FAQs about Shorewood demographics 

What is the total population of Shorewood?

Shorewood has a total population of 7,647 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.4% compared to a year ago.

What is the gender ratio in Shorewood?

The gender ratio in Shorewood is as follows:
  • 51.6% males (3,944 residents)
  • 48.4% females (3,703 residents)

What is the median age in Shorewood?

The median age in Shorewood is 48.3.

What is the age distribution of the population in Shorewood?

The age distribution in Shorewood is as follows:
  • Under 15: 19.5% (1,490 residents)
  • Ages 15-24: 9% (687 residents)
  • Ages 25-44: 17% (1,299 residents)
  • Ages 45-64: 35% (2,673 residents)
  • Over 65: 19.6% (1,498 residents)

What is the racial and ethnic makeup of Shorewood?

The racial and ethnic makeup of Shorewood is as follows:
  • White: 89.7% (6,860 residents)
  • Black or African American: 0.5% (37 residents)
  • American Indian and Alaska Native: 0% (1 residents)
  • Asian: 0.6% (46 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 8.4% (643 residents)
  • Other: 0.8% (60 residents)

What percentage of the population in Shorewood are U.S.-born citizens?

U.S.-born citizens represent 95.8% of the population in Shorewood.

How many housing units are there in Shorewood?

There are 3,041 housing units in Shorewood, reflecting a +0.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Shorewood and what is the average household size?

Shorewood has a total of 2,975 households, with an average of 3 people in each.

What is the median household income in Shorewood?

Shorewood has a median household income of $171,063, representing a -0.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Shorewood?

The employment rate is 95% in Shorewood, with a workforce of 3,634 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 92% (3,342 residents)
  • Blue-collar workers: 8% (292 residents)

Places of employment:
  • Self-employed: 15% (547 residents)
  • Private companies: 66.7% (2,425 residents)
  • Governmental workers: 12.2% (444 residents)
  • Not-for-profit companies: 6% (218 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025