Shorewood is a somewhat small city located in the state of Minnesota. With a population of 7,557 people and two constituent neighborhoods, Shorewood is the 118th 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.
Shorewood is a decidedly white-collar city, with fully 89.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Shorewood is a city of managers, professionals and sales and office workers. There are especially a lot of people living in Shorewood who work in management occupations (20.61%), sales jobs (16.63%) and business and financial occupations (9.97%).
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 8.92% 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.
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.
If knowledge is power, Shorewood is a pretty powerful place. 63.15% 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 2010 was $61,295, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $245,180 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, Swedish and French.
The most common language spoken in Shorewood is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||2,743|
|SHOREWOOD HOME OWNERSHIP|
|% OWNER OCCUPIED||89.02%|
|% RENTER OCCUPIED||10.99%|
|TYPE OF SHOREWOOD HOMES|
|SINGLE FAMILY DETACHED||81.86%|
|ROWHOUSES AND ATTACHED HOMES||12.04%|
|SMALL APARTMENT BUILDINGS||2.79%|
|COMPLEXES OR HIGH RISE APARTMENTS||3.31%|
|SIZE OF SHOREWOOD HOMES|
|5 OR MORE BEDROOMS||17.39%|
|AGE OF SHOREWOOD HOMES|
|NEWER HOMES (2000 OR LATER)||8.90%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||64.47%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||18.39%|
|HISTORIC (1939 OR BEFORE)||8.24%|
|SHOREWOOD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$470,198|
|MEDIAN RENTAL PRICE||$1,500|
|HOME VALUE RANGE|
|$0 - $59,000||0.98%|
|$59,001 - $119,000||0.86%|
|$119,001 - $238,000||3.23%|
|$238,001 - $357,000||24.64%|
|$357,001 - $476,000||22.15%|
|$476,001 - $594,000||14.86%|
|$594,001 - $892,000||17.56%|
|$892,001 - $1,189,000||7.90%|
|PEOPLE OF SHOREWOOD||DETAILS|
|UNDER 5 YEARS||3.01%|
|5 TO 17||23.89%|
|18 TO 24||5.86%|
|25 TO 34||5.12%|
|35 TO 54||33.44%|
|55 TO 64||15.73%|
|65 YEARS AND OVER||12.95%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||99.00%|
|MEDIAN HOUSEHOLD INCOME||$113,719|
|PER CAPITA INCOME||$61,295|
|INDIVIDUALS BELOW POVERTY LEVEL||4.37%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (15.03%)
Information Technology (2.39%)
Real estate (2.39%)
|BLACK OR AFRICAN AMERICAN||0.50%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.48%|
|TWO OR MORE RACES||1.51%|
|HISPANIC OR LATINO (OF ANY RACE)||1.95%|
|ETHNICITIES PRESENT||German (39.73%)
|LANGUAGES SPOKEN||English (94.36%)
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