The Vital Numbers: Shorewood

The average household size in Shorewood, MN is 3.09 residential members, with 94.5% being the owner of their very own domiciles. The average home appraisal is $487099. For those renting, they spend on average $1639 monthly. 64% of families have dual sources of income, and a typical domestic income of $139956. Median income is $55533. 3.9% of town residents are living at or below the poverty line, and 4.8% are handicapped. 4.9% of residents are former members associated with the military.

A Rustic Fountain

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Shorewood, Minnesota is situated in Hennepin county, and has a residents of 8084, and exists within the more Minneapolis-St. Paul, MN-WI metropolitan region. The median age is 46.2, with 13.9% for the residents under 10 many years of age, 14.6% are between ten-19 several years of age, 4.8% of citizens in their 20’s, 10% in their thirties, 11.4% in their 40’s, 20.2% in their 50’s, 15.3% in their 60’s, 6.9% in their 70’s, and 2.8% age 80 or older. 49.3% of citizens are male, 50.7% female. 69.8% of citizens are reported as married married, with 6.3% divorced and 19.3% never married. The % of residents confirmed as widowed is 4.6%.

The labor pool participation rate in Shorewood is 67.3%, with an unemployment rate of 4.8%. For those of you into the labor force, the average commute time is 27.7 minutes. 27.4% of Shorewood’s residents have a graduate degree, and 42% posses a bachelors degree. For many without a college degree, 19.4% attended at least some college, 10.2% have a high school diploma, and just 1.1% have an education significantly less than senior school. 0.9% are not included in medical insurance.