Shorewood is a somewhat small city located in the state of Minnesota. With a population of 7,728 people and two constituent neighborhoods, Shorewood is the 120th largest community in Minnesota.
Shorewood home prices are not only among the most expensive in Minnesota, but Shorewood real estate also consistently ranks among the most expensive in America.
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.
A relatively large number of people in Shorewood telecommute to their jobs. Overall, about 21.72% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 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.
If knowledge is power, Shorewood is a pretty powerful place. 71.28% of the adults in Shorewood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Shorewood in 2018 was $76,370, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $305,480 for a family of four.
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 Asian. Important ancestries of people in Shorewood include German, Norwegian, Irish, English, and Swedish.
The most common language spoken in Shorewood is English. Other important languages spoken here include Spanish and Arabic.