City

Shorewood, IL

1 ZIP code  ·  Will County  ·  Illinois

👥20,052Population
💰$121,696Median HH Income▲ 59% above avg
🎂43.5Median Age
🏠$319,800Median Home Value▲ 15% above avg
🎓49.2%College Grads▲ 27% above avg
📊4.7%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.8% Female 48.2% ♀

Race & Ethnicity

White: 76.9%Hispanic: 13.4%Black: 3.7%Asian: 2.8%Other: 1.8%Race
White76.9%
Hispanic13.4%
Black3.7%
Asian2.8%
Other1.8%

Age Breakdown

Under 5
4%
5–17
18%
18–24
8%
25–44
23%
45–64
28%
65+
11%

Key Indicators

Median Age43.5 yrs
Avg HH Size2.78
Below Poverty5.8% ▼ 42% below avg
College Grads49.2% ▲ 27% above avg
Unemployment4.7% ≈ Avg
No HS Diploma118 (0.9%)
HS Graduate3,368 (24.5%)
Some College1,416 (10.3%)
Associates2,087 (15.2%)
Bachelors1,325 (9.6%)
Graduate Degree5,441 (39.6%)

Education

No HS: 0.9%HS Grad: 24.5%Some College: 10.3%Associates: 15.2%Bachelors: 9.6%Graduate: 39.6%Edu
No HS0.9%
HS Grad24.5%
Some College10.3%
Associates15.2%
Bachelors9.6%
Graduate39.6%
Housing & Income

Housing Tenure

Owner: 94%Renter: 6%Tenure
Owner94.0%
Renter6.0%

Home Value Distribution

Under $50k
3%
$50k–$100k
1%
$100k–$150k
1%
$150k–$200k
8%
$200k–$300k
33%
$300k–$500k
48%
Over $500k
7%

Financials

Median HH Income$121,696 ▲ 59% above avg
Median Home Value$319,800 ▲ 15% above avg
Home/Income Ratio2.6x (nat avg ~3.5x)
Median Rent$1,945/mo
Total Housing Units7,530
Vacant Units325

Income Distribution

Under $25k
9%
$25k–$50k
9%
$50k–$75k
11%
$75k–$100k
11%
$100k–$150k
21%
$150k–$200k
20%
Over $200k
19%
Employment & Commute

How People Get to Work

Drove Alone
85%
Public Transit
1%
Walked
1%
Work From Home
13%

Commute Time

Under 15 min
18%
15–30 min
39%
30–45 min
20%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
4%
1960s–1970s
12%
1980s–1990s
25%
2000+
59%
About Shorewood, IL

Shorewood is a city in Illinois, located in Will County. The city spans 1 ZIP code and is home to approximately 20,052 residents. It is a middle-aged city, with a median age of 43.5 years.

Economically, Shorewood is a upper-middle-income community. The median household income of $121,696 is significantly above the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.

The real estate market in Shorewood is a mid-range housing market. Median home values stand at $319,800, which is near the national average. Renters typically pay around $1,945 per month. Homeownership is high at 94.0%, typical of suburban and family-oriented communities.

The population of Shorewood is well-educated. 49.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (76.92%).

Shorewood, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Shorewood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60404 20,052 $121,696 $319,800 $1,945 4.7% 49.2% 94.0%