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Shafer, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Shafer, Minnesota had a total population of 1,186, the 337th largest city in Minnesota, with a median household income of $99,489, which is 12% higher than the state average. The poverty rate is 7.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Shafer Quick Facts

Population 1,186
Median Household Income $99,489
Median Home Value $242,800
Poverty Rate 7.5%
Unemployment Rate 2.3%
Median Age 34.0 years
Homeownership Rate 84.5%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 20.6%
High School Graduation Rate 96.1%
Diversity Index 30/100
Population 1,186 337th of 914
Median Income $99,489 top 20%
Poverty Rate 7.5% 40% lower than national
Median Home Value $242,800 above average

How Shafer Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1511,186+3.0%
Median household income$96,042$99,489+3.6%
Median home value$225,700$242,800+7.6%

How Shafer Compares

Economy & Housing

Household Income Distribution

Under $25K 11.4%
$25K-$50K 11.4%
$50K-$100K 28.3%
$100K+ 49.0%
Detailed income brackets
Under $10K
4.4%
$10K-$15K
0.0%
$15K-$20K
3.3%
$20K-$25K
3.7%
$25K-$30K
0.7%
$30K-$35K
2.8%
$35K-$40K
4.9%
$40K-$45K
0.7%
$45K-$50K
2.3%
$50K-$60K
6.3%
$60K-$75K
7.4%
$75K-$100K
14.6%
$100K-$125K
16.2%
$125K-$150K
13.0%
$150K-$200K
10.0%
$200K+
9.7%

Employment

2.3% Unemployment Rate State: 4.1%|National: 5.2%
79.8% Labor Force Participation

Housing Overview

Owner 84.5%
Renter 15.5%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $966/mo 11.7% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Shafer Rankings in Minnesota

#337 Population of 914
#145 Median Income of 887
#440 Education of 914
#276 Home Value of 870

Other Cities in Chisago County

CityPopulationMedian IncomePovertyHome Value
North Branch 11,565 $90,456 7.7% $322,300
Wyoming 8,087 $107,565 3.7% $365,700
Chisago City 5,899 $102,197 3.4% $413,000
Lindstrom 4,978 $98,226 6.5% $358,100
Stacy 4,384 $98,464 5.2% $323,800
Rush City 3,295 $58,760 13.3% $233,100
Taylors Falls 1,167 $67,885 5.4% $275,200
Harris 776 $87,375 8.7% $306,000
Center City 651 $96,875 4.7% $362,000

Cities Similar to Shafer

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake St. Croix Beach1,105$102,159$363,80049.2%8.8%
Glyndon1,098$95,313$264,80027.5%8.0%
Elgin1,116$92,083$232,20025.2%7.6%
Medford1,257$108,250$249,60023.9%4.9%
Lake Shore1,073$96,563$513,20041.3%5.8%

Population Overview

Shafer is a small community located in Minnesota, within Chisago County. The total population is 1,186. It ranks as the 337th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Shafer is 34.0 years. This is 12% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Shafer is $99,489. This is 12% higher than the state median of $89,062. It is also 23% higher than the national median of $80,734. The poverty rate stands at 7.5%. This is 20% lower than the state poverty rate of 9.3%. The unemployment rate is 2.3%. This is 42% lower than the state rate of 4.1%. The median home value is $242,800. Housing costs are 26% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Shafer is one of the most affordable housing markets in the area. 84.5% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Shafer is White (non-Hispanic), making up 82.8% of the population. Hispanic or Latino residents account for 7.8%. The Black or African American population (0.4%) is well below the state average of 7.0%. The Asian population (0.3%) is well below the state average of 5.1%.

Education

20.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%.

Data Sources & Methodology

All demographic data for Shafer, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. 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 Shafer, Minnesota?

Shafer, Minnesota has a population of 1,186 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Shafer, MN?

The median household income in Shafer is $99,489, which is 23% higher than the national median of $80,734.

What is the poverty rate in Shafer, MN?

The poverty rate in Shafer is 7.5%. This means approximately 87 residents live below the federal poverty line.

What is the racial makeup of Shafer, Minnesota?

Shafer's population is 82.8% White, 0.4% Black, 7.8% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Shafer, MN?

The median home value in Shafer is $242,800. The home-value-to-income ratio is 2.4x.

How educated is Shafer, Minnesota?

20.6% of adults (25+) in Shafer hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.