Shakopee is a medium-sized city located in the state of Minnesota. With a population of 40,610 people and six constituent neighborhoods, Shakopee is the 24th largest community in Minnesota. Much of the housing stock in Shakopee was built relatively recently. The construction of new real estate can often be taken as an indication that the local Shakopee economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Shakopee, where the median household income is $79,648.00.
Shakopee real estate is some of the most expensive in Minnesota, although Shakopee house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Shakopee is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Shakopee is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Shakopee who work in office and administrative support (14.20%), sales jobs (10.55%), and management occupations (10.11%).
Also of interest is that Shakopee has more people living here who work in computers and math than 95% of the places in the US.
The population of Shakopee is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.47% of adults in Shakopee have a bachelor's degree or even advanced degree.
The per capita income in Shakopee in 2010 was $32,108, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $128,432 for a family of four. However, Shakopee contains both very wealthy and poor people as well.
Shakopee is a very ethnically-diverse city. The people who call Shakopee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shakopee residents report their race to be White, followed by Asian. Important ancestries of people in Shakopee include Norwegian, Irish, Swedish, and English.
The most common language spoken in Shakopee is English. Other important languages spoken here include Spanish and Other Asian languages.