Shorewood
Shorewood city, Minnesota
Shorewood, Minnesota, is a true gem nestled on the shores of Lake Minnetonka, offering a lifestyle that effortlessly blends tranquility and convenience. With a population just over 7,700, this tight-knit community exudes a welcoming atmosphere, perfect for families seeking a safe and enriching environment. While the median home value of $643,300 might seem elevated compared to the national average, the exceptional quality of life and the strong sense of community make it a worthwhile investment. Residents enjoy access to top-rated schools, beautiful parks, and a variety of recreational activities, all within a short distance. Shorewood offers a unique balance โ a serene, family-friendly haven with easy access to the vibrant Twin Cities.
From an investment perspective, Shorewood presents a compelling case. The median household income of $163,525, more than double the national average, indicates a stable and affluent population, which supports a robust local economy. The area boasts low crime rates, enhancing the appeal for families and those seeking peace of mind. While specific unemployment figures are not readily available, the high median income suggests a strong employment base and opportunities within the area. Shorewood is ideally suited for families looking to settle down in a secure, well-resourced community, as well as for investors seeking a stable and appreciating real estate market.
Shorewood, Minnesota at a Glance
Shorewood is a city in Shorewood city, Minnesota with a population of approximately 7,722. The median home value is $643,300 and the median household income is $163,525. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,707 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$643,300
Median Income
$163,525
Population
7,722
Walk Score
0
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,722
- Median Age
- N/A
- Median Household Income
- $163,525
119% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.3%
65% below nat'l avg
- Median Home Value
- $643,300
128% above nat'l avg
- Median Rent
- $1,707
47% above nat'l avg
- Homeownership Rate
- 93.9%
42% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 77.17
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6ยข/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 5.1%
38% above nat'l avg
- Poverty Rate
- 4.3%
65% below nat'l avg
Political Landscape
โ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Shorewood
Shorewood Summer Festival
Annual festival with live music, food vendors, and family activities.
Lake Minnetonka 4th of July Celebration
Fireworks display and various events celebrating Independence Day.
Excelsior-Lake Minnetonka Historical Society Events
Various events throughout the year focusing on local history.
Shorewood Farmers Market
Seasonal market offering fresh produce and local goods.
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