The median household income in Shorewood, MN in 2022 was $157,880, which was 47.8% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $96,589 in 2000 this represents an increase of 38.8%. The per capita income in 2022 was $84,472, which means an increase of 47.4% compared to 2000 when it was $44,425.
Whole page based on the data from 2000 / 2022 when the population of Shorewood, Minnesota was 7,400 / 7,657
Income statistics for all residents
Median household income in Shorewood, MN in 2022:
Shorewood:
$157,881
State:
$82,338
Change in median household income between 2000 and 2022:
Shorewood, Minnesota:
+63.5%
State:
+74.8%
Number of households with income < $10k:
Shorewood:
2.0% (59)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Shorewood:
2.1% (63)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Shorewood:
3.4% (101)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
Shorewood:
1.0% (30)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Shorewood:
3.1% (91)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Shorewood:
4.5% (134)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Shorewood:
2.0% (59)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Shorewood:
14.6% (432)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Shorewood:
7.3% (216)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Shorewood:
7.7% (228)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Shorewood:
10.5% (311)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
Shorewood:
41.8% (1,238)
State:
11.6% (268,336)
Aggregate household income in Shorewood in 2022: $670,346,222
Median family income in Shorewood in 2022:
Shorewood:
$197,892
Minnesota:
$105,324
Number of families with income < $10k:
Shorewood:
1.5% (34)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Shorewood:
1.2% (28)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Shorewood:
1.8% (40)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Shorewood:
0.8% (18)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Shorewood:
1.7% (39)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Shorewood:
4.0% (90)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Shorewood:
2.4% (54)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Shorewood:
9.9% (225)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Shorewood:
7.5% (172)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Shorewood:
8.5% (194)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Shorewood:
11.6% (266)
Minnesota:
13.6% (197,479)
Number of families with income > $200k:
Shorewood:
49.2% (1,124)
State:
16.1% (233,828)
Median non-family income in Shorewood in 2022:
Shorewood:
$80,653
State:
$48,461
Change in median non-family income between 2000 and 2022:
Shorewood, Minnesota:
+62.1%
Minnesota:
+73.6%
Median per capita income in Shorewood in 2022:
Shorewood:
$84,473
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Shorewood, Minnesota:
+90.1%
Minnesota:
+94.1%
Income statistics for White residents
Median household income in Shorewood, MN in 2022:
Shorewood:
$145,523
State:
$85,697
Change in median household income between 2000 and 2022:
Shorewood, Minnesota:
+50.5%
State:
+77.5%
Number of households with income < $10k:
Shorewood:
1.7% (46)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Shorewood:
2.3% (60)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Shorewood:
3.3% (87)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Shorewood:
1.1% (29)
Minnesota:
6.2% (118,402)
Number of households with income $40k - 50k:
Shorewood:
3.4% (89)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Shorewood:
4.8% (126)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Shorewood:
2.2% (58)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Shorewood:
16.3% (432)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Shorewood:
7.8% (208)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Shorewood:
7.9% (210)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Shorewood:
11.2% (297)
State:
10.6% (203,283)
Number of households with income > $200k:
Shorewood:
38.1% (1,010)
State:
12.2% (233,694)
Aggregate household income in Shorewood in 2022: $536,640,985
Median family income in Shorewood in 2022:
Shorewood:
$174,063
Minnesota:
$110,049
Number of families with income < $10k:
Shorewood:
0.8% (15)
Minnesota:
1.5% (17,407)
Number of families with income $10k - 20k:
Shorewood:
1.2% (24)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Shorewood:
1.9% (38)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Shorewood:
1.0% (19)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Shorewood:
1.9% (37)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Shorewood:
4.5% (90)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Shorewood:
2.8% (55)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Shorewood:
11.4% (229)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Shorewood:
8.3% (165)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Shorewood:
8.8% (176)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Shorewood:
12.9% (258)
State:
14.3% (171,257)
Number of families with income > $200k:
Shorewood:
44.7% (893)
State:
17.1% (204,721)
Median non-family income in Shorewood in 2022:
Shorewood:
$81,944
State:
$49,920
Change in median non-family income between 2000 and 2022:
Shorewood, Minnesota:
+52.5%
State:
+76.0%
Median per capita income in Shorewood in 2022:
Shorewood:
$88,195
State:
$49,507
Change in median per capita income between 2000 and 2022:
Shorewood, Minnesota:
+98.3%
Minnesota:
+103.3%
Income statistics for Black or African American residents
Median per capita income in Shorewood in 2022:
Shorewood:
$128,108
State:
$25,146
Change in median per capita income between 2000 and 2022:
Shorewood, Minnesota:
+75.1%
State:
+83.0%
Income statistics for Asian residents
Number of households with income < $10k:
Shorewood:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Shorewood:
0.0% (0)
Minnesota:
4.1% (3,821)
Number of households with income $20k - 30k:
Shorewood:
0.0% (0)
Minnesota:
3.8% (3,485)
Number of households with income $30k - 40k:
Shorewood:
0.0% (0)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Shorewood:
0.0% (0)
Minnesota:
6.0% (5,609)
Number of households with income $50k - 60k:
Shorewood:
0.0% (0)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Shorewood:
0.0% (0)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Shorewood:
0.0% (0)
Minnesota:
15.6% (14,466)
Number of households with income $100k - 125k:
Shorewood:
0.0% (0)
Minnesota:
10.7% (9,893)
Number of households with income $125k - 150k:
Shorewood:
0.0% (0)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Shorewood:
0.0% (0)
Minnesota:
12.6% (11,662)
Number of households with income > $200k:
Shorewood:
100.0% (24)
Minnesota:
14.2% (13,207)
Aggregate household income in Shorewood in 2022: $9,866,001
Median per capita income in Shorewood in 2022:
Shorewood:
$65,115
State:
$39,496
Change in median per capita income between 2000 and 2022:
Shorewood, Minnesota:
+45.0%
Minnesota:
+156.7%
Income statistics for Hispanic or Latino residents
Median household income in Shorewood, MN in 2022:
Shorewood:
$244,852
State:
$63,399
Number of households with income < $10k:
Shorewood:
0.0% (0)
Minnesota:
4.0% (3,834)
Number of households with income $10k - 20k:
Shorewood:
0.0% (0)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
Shorewood:
4.2% (7)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Shorewood:
0.0% (0)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Shorewood:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Shorewood:
2.4% (4)
Minnesota:
9.6% (9,248)
Number of households with income $60k - 75k:
Shorewood:
0.0% (0)
Minnesota:
10.8% (10,444)
Number of households with income $75k - 100k:
Shorewood:
0.0% (0)
Minnesota:
15.0% (14,464)
Number of households with income $100k - 125k:
Shorewood:
0.0% (0)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
Shorewood:
10.2% (17)
Minnesota:
5.1% (4,890)
Number of households with income $150k - 200k:
Shorewood:
0.0% (0)
State:
6.5% (6,257)
Number of households with income > $200k:
Shorewood:
83.2% (139)
Minnesota:
7.3% (7,057)
Aggregate household income in Shorewood in 2022: $109,202,088
Median family income in Shorewood in 2022:
Shorewood:
$264,556
State:
$67,562
Number of families with income $50k - 60k:
Shorewood:
2.1% (3)
State:
9.2% (6,189)
Number of families with income $125k - 150k:
Shorewood:
11.9% (20)
State:
5.3% (3,580)
Number of families with income > $200k:
Shorewood:
86.0% (144)
State:
7.9% (5,338)
Median per capita income in Shorewood in 2022:
Shorewood:
$94,784
State:
$27,748
Income statistics for Multirace residents
Median household income in Shorewood, MN in 2022:
Shorewood:
$231,662
Minnesota:
$74,586
Number of households with income < $10k:
Shorewood:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Shorewood:
0.0% (0)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
Shorewood:
0.0% (0)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Shorewood:
0.0% (0)
Minnesota:
8.9% (9,445)
Number of households with income $40k - 50k:
Shorewood:
0.0% (0)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Shorewood:
0.0% (0)
Minnesota:
6.7% (7,171)
Number of households with income $60k - 75k:
Shorewood:
0.0% (0)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
Shorewood:
0.0% (0)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
Shorewood:
0.0% (0)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Shorewood:
7.3% (18)
State:
7.3% (7,720)
Number of households with income $150k - 200k:
Shorewood:
3.2% (8)
State:
8.2% (8,751)
Number of households with income > $200k:
Shorewood:
89.5% (221)
Minnesota:
10.5% (11,170)
Aggregate household income in Shorewood in 2022: $134,470,124
Median family income in Shorewood in 2022:
Shorewood:
$241,299
State:
$91,504
Number of families with income $125k - 150k:
Shorewood:
7.2% (18)
Minnesota:
8.4% (5,428)
Number of families with income > $200k:
Shorewood:
92.8% (231)
State:
14.0% (9,072)
Median per capita income in Shorewood in 2022:
Shorewood:
$52,273
Minnesota:
$28,529
Income statistics for other residents
Number of households with income < $10k:
Shorewood:
50.0% (15)
State:
5.5% (2,716)
Number of households with income $10k - 20k:
Shorewood:
0.0% (0)
Minnesota:
6.3% (3,106)
Number of households with income $20k - 30k:
Shorewood:
40.0% (12)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Shorewood:
0.0% (0)
Minnesota:
9.2% (4,529)
Number of households with income $40k - 50k:
Shorewood:
0.0% (0)
Minnesota:
8.6% (4,198)
Number of households with income $50k - 60k:
Shorewood:
10.0% (3)
Minnesota:
9.2% (4,519)
Number of households with income $60k - 75k:
Shorewood:
0.0% (0)
Minnesota:
10.8% (5,300)
Number of households with income $75k - 100k:
Shorewood:
0.0% (0)
Minnesota:
15.9% (7,771)
Number of households with income $100k - 125k:
Shorewood:
0.0% (0)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Shorewood:
0.0% (0)
Minnesota:
4.4% (2,178)
Number of households with income $150k - 200k:
Shorewood:
0.0% (0)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Shorewood:
0.0% (0)
Minnesota:
7.3% (3,596)
Aggregate household income in Shorewood in 2022: $539,669
Median per capita income in Shorewood in 2022:
Shorewood:
$7,729
Minnesota:
$28,385
Change in median per capita income between 2000 and 2022:: -58.5%
Shorewood, Minnesota:
-58.5%
State:
+149.3%
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-58.5%
+149.3%