Shakopee city, Minnesota Demographics & Population 2026
As of 2026, Shakopee city, Minnesota has a total population of 45,002, the 21st largest city in Minnesota, with a median household income of $110,989, which is 27% higher than the state average. The poverty rate is 5.1%.
Shakopee city Quick Facts
How Shakopee city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Shakopee city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Scott County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Savage city | 32,706 | $122,646 | 4.8% | $395,600 |
| Prior Lake city | 27,832 | $130,278 | 2.9% | $429,900 |
| New Prague city | 8,195 | $98,424 | 3.1% | $323,500 |
| Belle Plaine city | 7,401 | $96,831 | 2.7% | $280,400 |
| Jordan city | 6,704 | $110,139 | 6.1% | $319,000 |
| Credit River city | 5,531 | $149,524 | 1.6% | $577,600 |
| Elko New Market city | 4,915 | $147,381 | 0.0% | $407,400 |
Cities Similar to Shakopee city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| St. Louis Park city | 49,541 | $100,250 | $371,600 | 63.9% | 7.3% |
| Cottage Grove city | 40,124 | $121,452 | $359,600 | 39.3% | 4.2% |
| Maplewood city | 40,981 | $88,534 | $291,300 | 36.3% | 10.0% |
| Minnetonka city | 53,256 | $120,496 | $456,200 | 63.3% | 4.8% |
| Moorhead city | 44,706 | $69,371 | $246,300 | 42.3% | 17.7% |
Population Overview
Shakopee city is a mid-sized community located in Minnesota, within Scott County. The total population is 45,002. It ranks as the 21st most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Shakopee city is 35.5 years. This is 8% lower than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Shakopee city is $110,989. This is 27% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 41% higher. The poverty rate stands at 5.1%. This is 45% lower than the state poverty rate of 9.2%. The unemployment rate is 3.6%. This is 9% lower than the state rate of 3.9%. The median home value is $361,400. Housing costs are 18% higher than the state median of $305,500. The home-value-to-income ratio is 3.3x. 76.8% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Shakopee city is White (non-Hispanic), making up 63.6% of the population. Asian residents account for 10.8%. The Hispanic or Latino population is significantly higher than the state average (9.8% vs 6.2%). The Asian population is significantly higher than the state average (10.8% vs 5.0%).
Education
39.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.1%.
Data Sources & Methodology
All demographic data for Shakopee city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Shakopee city, Minnesota?
Shakopee city, Minnesota has a population of 45,002 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Shakopee city, MN?
The median household income in Shakopee city is $110,989, which is 41% higher the national median of $78,538.
What is the poverty rate in Shakopee city, MN?
The poverty rate in Shakopee city is 5.1%. This means approximately 2,237 residents live below the federal poverty line.
What is the racial makeup of Shakopee city, Minnesota?
Shakopee city's population is 63.6% White, 8.1% Black, 9.8% Hispanic/Latino, and 10.8% Asian.
What is the median home value in Shakopee city, MN?
The median home value in Shakopee city is $361,400. The home-value-to-income ratio is 3.3x.
How educated is Shakopee city, Minnesota?
39.9% of adults (25+) in Shakopee city hold a bachelor's degree or higher, and 11.9% hold a graduate or professional degree.