Shorewood, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Shorewood, Illinois had a total population of 18,343, the 137th largest village in Illinois, with a median household income of $122,105, which is 46% higher than the state average. The poverty rate is 5.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 46% above the state average — one of the wealthiest communities in Illinois.
Shorewood Quick Facts
How Shorewood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 18,218 | 18,343 | +0.7% |
| Median household income | $122,648 | $122,105 | -0.4% |
| Median home value | $324,600 | $337,800 | +4.1% |
How Shorewood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Shorewood Rankings in Illinois
Explore Illinois Rankings
Other Cities in Will County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Joliet | 150,445 | $92,201 | 11.1% | $265,800 |
| Plainfield | 46,708 | $144,000 | 4.2% | $431,400 |
| Romeoville | 41,152 | $106,325 | 5.5% | $257,100 |
| Oswego | 36,375 | $123,792 | 2.6% | $344,500 |
| New Lenox | 28,006 | $140,865 | 1.5% | $399,900 |
| Lockport | 26,409 | $111,981 | 6.8% | $316,000 |
| Crest Hill | 20,628 | $73,033 | 12.0% | $232,900 |
| Mokena | 20,021 | $123,889 | 4.5% | $401,400 |
| Channahon | 13,927 | $119,494 | 5.9% | $327,900 |
| Minooka | 12,891 | $115,445 | 2.6% | $315,600 |
Cities Similar to Shorewood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lemont | 17,820 | $123,370 | $468,800 | 46.9% | 3.1% |
| North Aurora | 18,696 | $114,305 | $342,100 | 40.5% | 6.3% |
| Round Lake | 18,628 | $111,977 | $278,600 | 41.5% | 9.0% |
| Cary | 17,923 | $113,026 | $309,800 | 44.7% | 4.8% |
| Mokena | 20,021 | $123,889 | $401,400 | 42.5% | 4.5% |
Population Overview
Shorewood is a small city located in Illinois, within Will County. The total population is 18,343. It ranks as the 137th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Shorewood is 44.2 years. This is 13% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Shorewood is $122,105. This is 46% higher than the state median of $83,390. It is also 51% higher than the national median of $80,734. The poverty rate stands at 5.2%. This is 56% lower than the state poverty rate of 11.8%. The unemployment rate is 6.6%. This is 13% higher than the state rate of 5.8%. The median home value is $337,800. Housing costs are 28% higher than the state median of $263,300. With a home-value-to-income ratio of just 2.8x, Shorewood is one of the most affordable housing markets in the area. 96.8% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 67.1%.
Race & Ethnicity
The largest racial or ethnic group in Shorewood is White (non-Hispanic), making up 73.7% of the population. Hispanic or Latino residents account for 15.3%. The Black or African American population (5.0%) is well below the state average of 13.3%. The Asian population (2.1%) is well below the state average of 5.9%.
Education
41.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%. Notably, 16.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Shorewood, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Shorewood, Illinois?
Shorewood, Illinois has a population of 18,343 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Shorewood, IL?
The median household income in Shorewood is $122,105, which is 51% higher than the national median of $80,734.
What is the poverty rate in Shorewood, IL?
The poverty rate in Shorewood is 5.2%. This means approximately 939 residents live below the federal poverty line.
What is the racial makeup of Shorewood, Illinois?
Shorewood's population is 73.7% White, 5.0% Black, 15.3% Hispanic/Latino, and 2.1% Asian.
What is the median home value in Shorewood, IL?
The median home value in Shorewood is $337,800. The home-value-to-income ratio is 2.8x.
How educated is Shorewood, Illinois?
41.1% of adults (25+) in Shorewood hold a bachelor's degree or higher, and 16.8% hold a graduate or professional degree.