Shorewood village, Illinois Demographics & Population 2026

Population Overview

Shorewood village is a small city located in Illinois. The total population is 18,218. It ranks as the 140th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Shorewood village is 44.5 years. This is 14% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Shorewood village is $122,648. This is 50% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 56% higher. The poverty rate stands at 5.0%. This is 57% lower than the state poverty rate of 11.7%. The unemployment rate is 5.0%. This is 13% lower than the state rate of 5.8%. The median home value is $324,600. Housing costs are 30% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.6x, Shorewood village is one of the most affordable housing markets in the area. 95.5% of occupied housing units are owner-occupied. This homeownership rate is 43% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Shorewood village is White (non-Hispanic), making up 78.2% of the population. Hispanic or Latino residents account for 12.0%. The Black or African American population (3.9%) is well below the state average of 13.6%. The Asian population (2.8%) is well below the state average of 5.8%.

Education

41.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%. Notably, 16.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Shorewood village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.