Median Household Income
$107,223 ± $5,511
Median Home Value
$374,800 ± $16,308
Median Gross Rent
$1,531 ± $89/mo
Per Capita Income
$47,444
Poverty Rate
5.9%
Unemployment Rate
3.7%
Homeownership Rate
74.8%
Bachelor's Degree or Higher
40.4%
Median Age
36.6
Average Commute
18 min
Households
16,655
Veterans
1,519
Population Over Time
Shakopee grew 19.2% from 2014 to 2024.
2014
38,613
2016
39,656
2018
40,418
2020
41,423
2022
44,135
2024
46,012
Population by Race & Ethnicity
White
65.4%
Hispanic or Latino
8.5%
Black or African American
10.2%
Asian
12.3%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.