Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.8 yrs |
|---|---|
| Avg HH Size | 2.63 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 39.4% ≈ Avg |
| Unemployment | 2.5% ▼ 49% below avg |
| No HS Diploma | 19 (1.2%) |
| HS Graduate | 465 (30.3%) |
| Some College | 229 (14.9%) |
| Associates | 218 (14.2%) |
| Bachelors | 242 (15.8%) |
| Graduate Degree | 363 (23.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $104,545 ▲ 37% above avg |
|---|---|
| Median Home Value | $283,700 ≈ Avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $962/mo |
| Total Housing Units | 885 |
| Vacant Units | 27 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Shafer is a city in Minnesota, located in Chisago County. The city spans 1 ZIP code and is home to approximately 2,260 residents. It is a middle-aged city, with a median age of 39.8 years.
Economically, Shafer is a upper-middle-income community. The median household income of $104,545 is above the national average. Approximately 4.7% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.
The real estate market in Shafer is a mid-range housing market. Median home values stand at $283,700, which is near the national average. Renters typically pay around $962 per month. Homeownership is high at 89.5%, typical of suburban and family-oriented communities.
The population of Shafer is moderately educated. 39.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (85.4%).
Shafer, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55074 | 2,260 | $104,545 | $283,700 | $962 | 2.5% | 39.4% | 89.5% |