Shakopee 89 Exceptional
Shakopee Livability #4 ranked city in Minnesota#110 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Shakopee

PROS
  • Amenities

    Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.

  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

CONS
  • Nothing Found

    None of the categories scored poorly, resulting in no identified cons for this area.

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What's it like Living in Shakopee?

Located in the state of Minnesota, Shakopee is a medium-sized city with a population of 41,423 people. The majority of Shakopee residents report their race to be White; this is followed by Asian and Black. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Shakopee your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.

Without the right tools, relocating to any new town can be very stressful and challenging. Living in Shakopee, Minnesota could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, cost of living, commute, health & safety, employment and other key data points, finding the best places to live in Shakopee and in the areas around Shakopee is a much easier task.

Using data and statistics Shakopee has received a livability score of 87 out of 100. This score is ranked in the 99th percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in Shakopee could be a great choice! Shakopee is also ranked in the top 10 percentile of all cities across the USA. There are nine total categories that form the livability score. Shakopee ranks well for amenities (A), crime (A-), education (B), employment (A+) and housing (A+) There are some categories that Shakopee does not rank well for, including: cost of living (D-). It might be worth taking a closer look to figure out why.

Living in Shakopee offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Shakopee provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale. A few of the enjoyable things to experience and sights to see are: Valleyfair, Canterbury Park, and Murphy's Landing.

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Shakopee shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 135 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

When contemplating a move, job prospects often top the list of priorities. In Shakopee, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.6% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Shakopee has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Shakopee is actually affordable. Median real estate prices in Shakopee come in at $280,500, which is 46.5% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Shakopee, the home price to income ratio is 3.1, which is 3.3% higher than the Minnesota average.

Best Places to Live in and Around Shakopee

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Compare Shakopee, MN Livability

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      Shakopee transportation information

      Statistic Shakopee Minnesota National
      Average one way commute23min23min26min
      Workers who drive to work79.9%78.0%76.4%
      Workers who carpool8.2%8.7%9.3%
      Workers who take public transit1.4%3.5%5.1%
      Workers who bicycle0.0%0.8%0.6%
      Workers who walk0.8%2.8%2.8%
      Working from home9.5%5.3%4.6%
      Source: The Shakopee, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).