Most Expensive Shorewood Neighborhoods
Shorewood is a medium-sized village located in the state of Illinois. With a population of 16,569 people and three constituent neighborhoods, Shorewood is the 159th largest community in Illinois. Much of the housing stock in Shorewood was built relatively recently. The construction of new real estate can often be taken as an indication that the local Shorewood economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Shorewood, where the median household income is $90,882.
Shorewood real estate is some of the most expensive in Illinois, although Shorewood house values don't compare to the most expensive real estate in the U.S.
Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Shorewood is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Shorewood is a village of sales and office workers, professionals and managers. There are especially a lot of people living in Shorewood who work in office and administrative support (16.20%), management occupations (12.71%) and teaching (9.84%).
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.
Because of many things, Shorewood is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Shorewood really has some of the features that families look for when choosing a good community to raise children. Is Shorewood perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Shorewood, however, the average commute to work is quite long. On average, people spend 32.73 minutes each day getting to work, which is significantly higher than the national average.
The citizens of Shorewood are very well educated compared to the average community in the nation: 38.10% of adults in Shorewood have a bachelor's degree or even advanced degree.
The per capita income in Shorewood in 2010 was $32,826, which is wealthy relative to Illinois and the nation. This equates to an annual income of $131,304 for a family of four. However, Shorewood contains both very wealthy and poor people as well.
Shorewood is a somewhat ethnically-diverse village. The people who call Shorewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shorewood residents report their race to be White, followed by Black or African-American. Shorewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.15% of the village’s residents. Important ancestries of people in Shorewood include German, Irish, Polish, Italian, English and French.
The most common language spoken in Shorewood is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||5,289|
|SHOREWOOD HOME OWNERSHIP|
|% OWNER OCCUPIED||88.62%|
|% RENTER OCCUPIED||11.38%|
|TYPE OF SHOREWOOD HOMES|
|SINGLE FAMILY DETACHED||78.80%|
|ROWHOUSES AND ATTACHED HOMES||13.18%|
|SMALL APARTMENT BUILDINGS||0.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||3.91%|
|SIZE OF SHOREWOOD HOMES|
|5 OR MORE BEDROOMS||3.48%|
|AGE OF SHOREWOOD HOMES|
|NEWER HOMES (2000 OR LATER)||50.71%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||40.30%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||8.84%|
|HISTORIC (1939 OR BEFORE)||0.14%|
|SHOREWOOD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$263,936|
|MEDIAN RENTAL PRICE||$1,697|
|HOME VALUE RANGE|
|$0 - $54,000||5.37%|
|$54,001 - $109,000||1.26%|
|$109,001 - $218,000||30.26%|
|$218,001 - $327,000||39.24%|
|$327,001 - $435,000||17.13%|
|$435,001 - $544,000||4.91%|
|$544,001 - $816,000||1.05%|
|$816,001 - $1,088,000||0.49%|
|PEOPLE OF SHOREWOOD||DETAILS|
|UNDER 5 YEARS||7.33%|
|5 TO 17||18.80%|
|18 TO 24||8.55%|
|25 TO 34||9.88%|
|35 TO 54||31.43%|
|55 TO 64||11.31%|
|65 YEARS AND OVER||12.70%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||93.31%|
|MEDIAN HOUSEHOLD INCOME||$90,882|
|PER CAPITA INCOME||$32,826|
|INDIVIDUALS BELOW POVERTY LEVEL||7.87%|
|INDUSTRIES PEOPLE WORK IN||Retail (14.10%)
Public Service (6.30%)
Professional, scientific, and technical services (5.77%)
Information Technology (2.43%)
|BLACK OR AFRICAN AMERICAN||7.53%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.15%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||5.54%|
|TWO OR MORE RACES||2.19%|
|HISPANIC OR LATINO (OF ANY RACE)||11.15%|
|ETHNICITIES PRESENT||German (22.37%)
|LANGUAGES SPOKEN||English (86.41%)
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