Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.7 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 53.2% ▲ 37% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 789 (2.6%) |
| HS Graduate | 7,184 (23.8%) |
| Some College | 3,011 (10%) |
| Associates | 3,118 (10.3%) |
| Bachelors | 4,007 (13.3%) |
| Graduate Degree | 12,019 (39.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $109,824 ▲ 44% above avg |
|---|---|
| Median Home Value | $366,300 ▲ 31% above avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,540/mo |
| Total Housing Units | 18,028 |
| Vacant Units | 418 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Shakopee is a city in Minnesota, located in Scott County. The city spans 1 ZIP code and is home to approximately 49,084 residents. It is a relatively young city, with a median age of 35.7 years.
Economically, Shakopee is a upper-middle-income community. The median household income of $109,824 is above the national average. Approximately 5.5% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Shakopee is a mid-range housing market. Median home values stand at $366,300, which is above the national average. Renters typically pay around $1,540 per month. Homeownership is high at 76.5%, typical of suburban and family-oriented communities.
The population of Shakopee is well-educated. 53.2% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (63.6%).
Shakopee, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55379 | 49,084 | $109,824 | $366,300 | $1,540 | 3.4% | 53.2% | 76.5% |