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Shorewood, MN 55331 has a population of approximately 18,103 and experiences a population change rate of 2.95%. The population density is 1,211.2 / sq mi .
The median household income for Shorewood, MN 55331 is $144,697, with 7,382 households and an average household size of 2.61.
The median value of a home in Shorewood, MN 55331 is $744,200 with an appreciation rate of 11.00%. 78.84% of housing in the state is owned while 12.11% is rented.
The cost of living in Shorewood, MN 55331 is 162.9 %.
The unemployment rate in Shorewood, MN 55331 is 2.50%, and recent job growth is at 0.59%. Future job growth is projected at 32.19%.
The sales tax rate in Shorewood, MN 55331 is 8.03%, while the income tax rate is 6.80% .
School expenditures in Shorewood, MN 55331 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.6 inches per year, with 51 inches of snow per year.
