Shorewood city, Minnesota Demographics & Population 2026
As of 2026, Shorewood city, Minnesota has a total population of 7,679, the 122nd largest city in Minnesota, with a median household income of $172,325, which is 97% higher than the state average. The poverty rate is 5.2%.
Key Takeaways
- Household income is 97% above the state average — one of the wealthiest communities in Minnesota.
- 72.8% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Shorewood city Quick Facts
How Shorewood 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 less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Shorewood city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to Shorewood city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Orono city | 8,205 | $181,875 | $952,400 | 68.9% | 6.3% |
| Minnetrista city | 8,509 | $156,346 | $624,600 | 66.9% | 8.8% |
| Mahtomedi city | 8,108 | $132,326 | $466,100 | 62.6% | 3.9% |
| Dayton city | 8,381 | $137,383 | $510,600 | 41.2% | 2.8% |
| Albertville city | 8,066 | $126,307 | $326,400 | 41.3% | 0.6% |
Population Overview
Shorewood city is a small city located in Minnesota, within Hennepin County. The total population is 7,679. It ranks as the 122nd most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Shorewood city is 48.0 years. This is 24% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Shorewood city is $172,325. This is 97% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 119% higher. The poverty rate stands at 5.2%. This is 44% lower than the state poverty rate of 9.2%. The unemployment rate is 4.5%. This is 14% higher than the state rate of 3.9%. The median home value is $684,500. Housing costs are 124% higher than the state median of $305,500. The home-value-to-income ratio is 4.0x. 94.0% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 72.4%.
Race & Ethnicity
Shorewood city has a predominantly White (non-Hispanic) population, comprising 90.1% of all residents. Hispanic or Latino residents account for 4.7%. The Black or African American population (0.2%) is well below the state average of 6.7%. The Asian population (0.5%) is well below the state average of 5.0%.
Education
72.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Shorewood city in the top 10% of all cities in the state for educational attainment. This is 88% 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 98.9%. Notably, 28.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Shorewood 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 Shorewood city, Minnesota?
Shorewood city, Minnesota has a population of 7,679 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Shorewood city, MN?
The median household income in Shorewood city is $172,325, which is 119% higher the national median of $78,538.
What is the poverty rate in Shorewood city, MN?
The poverty rate in Shorewood city is 5.2%. This means approximately 397 residents live below the federal poverty line.
What is the racial makeup of Shorewood city, Minnesota?
Shorewood city's population is 90.1% White, 0.2% Black, 4.7% Hispanic/Latino, and 0.5% Asian.
What is the median home value in Shorewood city, MN?
The median home value in Shorewood city is $684,500. The home-value-to-income ratio is 4.0x.
How educated is Shorewood city, Minnesota?
72.8% of adults (25+) in Shorewood city hold a bachelor's degree or higher, and 28.1% hold a graduate or professional degree.