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Median House Value:

Shorewood, MN

Found within zip code: 55331
This is a small community that is contained in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.
NEIGHBORHOOD COST DETAILS
MEDIAN HOUSE VALUE $463,435
  • high cost relative to Minnesota
  • high cost relative to the nation
HOUSE VALUE RANGE
COST
$1,801,000+  2%
$1,350,001-$1,801,000  5%
$901,001-$1,350,000  9%
$721,001-$901,000  8%
$541,001-$721,000  14%
$361,001-$541,000  27%
$180,001-$361,000  32%
$90,001-$180,000  2%
$0-$90,000  0%
% OF HOMES
RENTAL PRICE very high cost relative to MN, very high cost relative to the nation


NEIGHBORHOOD LOOK, FEEL,
& CHARACTER
DETAILS
THE SETTING Suburban (based on population density)
TYPE OF HOMES / DWELLINGS mostly Single-family homes, some Rowhouses & attached homes, some Small apartment buildings, a few Complexes/high rise apartments
SIZE OF HOMES / DWELLINGS mostly Medium-sized dwellings (3 or 4 bedrooms), some Large dwellings (4, 5 or more bedrooms)
AGE OF HOMES / DWELLINGS mostly Established but not old (Built 1970 - 1994), some Well established older homes (Built 1940 - 1969), some Historic homes (Built 1939 or earlier), a few Newer Homes (Built 1995 or later)
HOME OWNERSHIP Mostly Owner occupied
SPECIAL CHARACTER mostly Urban Sophisticates, Quiet


THE NEIGHBORS DETAILS
AGE & LIFESTYLE mostly Families with children (family households with school-aged children), some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Seniors (people 65 and over), some College students (people currently attending college)
EDUCATION LEVEL Rating: 10 (5 is average for the U.S., 10 is most educated)
INCOME Wealthy (among the 15% most wealthy communities in America)
OCCUPATIONS mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support, some Manufacturing & Laborers
ETHNICITY/ANCESTRY mostly White (non-Hispanic), some Irish ancestry, some Italian ancestry
LANGUAGES mostly English speaking, some Spanish speaking, some French speaking

School Rating Information


Shorewood Educational Rating
This town is served by one school district.

MINNETONKA PUBLIC SCHOOL DISTRICT School District




7,709 Students enrolled in District

11 Schools in District

DISTRICT RATING
COMPARED TO STATE (10 is best)
10
Better than:
of MN school
districts
98.9%
DISTRICT RATINGClick to get help on this item
COMPARED TO U.S.
(10 is best)
10
Better than:
of US school
districts
98.3%
STUDENTS PER CLASSROOM
18
STATE AVERAGE 16

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Public School Test Scores (No Child Left Behind)

80%
63%
85%
68%
75%
58%
DISTRICT
STATE
PROFICIENT IN
READING & MATH
PROFICIENT IN
READING
PROFICIENT IN
MATH
SCHOOLS IN THIS DISTRICT GRADES
CLEAR SPRINGS ELEMENTARY
5701 HIGHWAY 101, MINNETONKA, MN 55345
(952) 401-6950
KG-05
DEEPHAVEN EDUCATION CENTER
4584 VINE HILL ROAD, EXCELSIOR, MN 55331
(952) 401-6800
PK-PK
DEEPHAVEN ELEMENTARY
4452 VINE HILL ROAD, WAYZATA, MN 55391
(952) 401-6900
KG-05
EXCELSIOR ELEMENTARY
441 OAK STREET, EXCELSIOR, MN 55331
(952) 401-5650
KG-05
GROVELAND ELEMENTARY
17310 MINNETONKA BOULEVARD, WAYZATA, MN 55345
(612) 449-5600
KG-05
MINNETONKA EAST MIDDLE
17000 LAKE STREET EXTENSION, MINNETONKA, MN 55345
(952) 401-5200
06-08
MINNETONKA SENIOR HIGH
18301 HIGHWAY 7, MINNETONKA, MN 55345
(952) 401-5700
09-12
MINNETONKA WEST MIDDLE
6421 HAZELTINE BLVD, EXCELSIOR, MN 55331
(952) 401-5300
06-08
MINNEWASHTA ELEMENTARY
26350 SMITHTOWN ROAD, EXCELSIOR, MN 55331
(952) 401-5500
KG-05
SCENIC HEIGHTS ELEMENTARY
5650 SCENIC HEIGHTS DRIVE, MINNETONKA, MN 55345
(952) 401-5400
KG-05
See all
School district enrollment by group
ETHNIC/RACIAL GROUPS THIS DISTRICT THIS STATE
WHITE (NON-HISPANIC) (%) 91.5 78.3
BLACK (%) 2.1 8.5
HISPANIC (%) 2.0 5.4
ASIAN OR PACIFIC ISLANDER (%) 3.9 5.7
AMERICAN INDIAN OR NATIVE OF ALASKA (%) 0.5 2.1
ECONOMIC GROUPS THIS DISTRICT THIS STATE
ECONOMICALLY DISADVANTAGED (%) 5.1 30.3
Educational Expenditures
FOR THIS DISTRICT PER STUDENT TOTAL % OF TOTAL
INSTRUCTIONAL EXPENDITURES $5,332 $41,106,000 45.1
SUPPORT EXPENDITURES
STUDENT $217 $1,673,000 1.8
STAFF $311 $2,401,000 2.6
GENERAL ADMINISTRATION $227 $1,747,000 1.9
SCHOOL ADMINISTRATION $406 $3,133,000 3.4
OPERATION $669 $5,156,000 5.6
TRANSPORTATION $535 $4,124,000 4.5
OTHER $170 $1,311,000 1.4
TOTAL SUPPORT $2,535 $19,545,000 21.4
NON-INSTRUCTIONAL EXPENDITURES $3,954 $30,484,000 33.4
TOTAL EXPENDITURES $11,822 $91,135,000 100.0
Shorewood EDUCATIONAL ENVIRONMENT
ADULTS IN Shorewood WITH COLLEGE DEGREE OR HIGHER (%) 58.8
CHILDREN IN Shorewood LIVING IN POVERTY (%) 1.4

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Shorewood Appreciation Rates Click for help

PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED
TO MN*
COMPARED
TO AMERICA*
Since 1990 175.88% 9.25% 6 8
Last 10 Years Subscribe for detail
Last 5 Years Subscribe for detail
Last 2 Years Subscribe for detail
Last 12 Months Subscribe for detail
Latest Quarter Subscribe for detail
* 10 is highest

About Shorewood

Shorewood is a somewhat small city located in the state of Minnesota. With a population of 7,396 people and just one neighborhood, Shorewood is the 116th largest community in Minnesota.

Shorewood is a decidedly white-collar city, with fully 88.01% of the workforce employed in white-collar jobs, well above the national average. Overall, Shorewood is a city of managers, sales and office workers, and professionals. There are especially a lot of people living in Shorewood who work in management occupations (22.21%), sales jobs (15.48%), and office and administrative support jobs (11.99%).

Also of interest is that Shorewood has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 7.34% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Shorewood is home to many people who could be described as "urban sophisticates." Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness.' But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Shorewood is a great place for families with children to consider. First of all, many other families with children live here, making Shorewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city's good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Shorewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Shorewood's overall crime rate is lower than average for the country.

Shorewood is very much a car-oriented city. This is because the population of Shorewood isn't large enough or dense enough to support an extensive public transit system. It has a lot of rural roads, and the distance between houses can be quite large, which together tends to discourage walking and bicycling to work. 98.05% of residents commute to work in their own car (and the drive is typically to a job out of town). People also tend to drive out of town for other services as well, such as shopping, doctors appointments, and more.

As is often the case in a small city, Shorewood doesn't have a public transportation system that people use for their commute.

Shorewood Information and Demographics

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Shorewood. 58.81% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 14.96%.

The per capita income in Shorewood in 2000 was $44,425, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $177,700 for a family of four. However, Shorewood contains both very wealthy and poor people as well.

The people who call Shorewood home come from a variety of different races and ancestries. The most prevalent race in Shorewood is White, followed by Asian. Important ancestries of people in Shorewood include German, Norwegian, Irish, Swedish, English, Italian, and French.

The most common language spoken in Shorewood is English.

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Shorewood, MN

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