Shorewood 67 Good
Shorewood Livability #381 ranked city in Minnesota#9,429 ranked city in the USARanks better than 67% of areas

Pros and Cons of Living in Shorewood

PROS
  • 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.

  • Ratings

    According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Cost Of Living

    This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.

  • Health & Safety

    Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.

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What's it like Living in Shorewood?

Shorewood is a small city located in the state of Minnesota. The city has a population of 7,939 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Shorewood could be considered less diverse than other cities. With an average age of 48 years, Shorewood residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you are looking for a family friendly city, Shorewood might be a good fit as 71% of the population over 15 years old are married, and 42% have kids who are 18 years old or younger. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Shorewood, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.

Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Shorewood could be a positive experience compared to other cities in Minnesota if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, cost of living, commute, health & safety, you can easily compare the best places to live in Shorewood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Shorewood to Minnesota and the national average.

Shorewood has a livability score of 66 out of 100 and is ranked #384 in Minnesota and #9,448 in the USA. Based on the rankings for each individual category, Shorewood has received high marks for crime (A+), employment (A+) and housing (A+). On a less positive note, Shorewood does not have favorable ranks for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Shorewood excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

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 Shorewood is actually affordable. The median home price for Shorewood homes is $520,500, which is 171.8% higher than the Minnesota average. If we take a closer look at the affordability of homes in Shorewood, we’ll see that the home price to income ratio is 3.6, which is 20% higher than the Minnesota average.

Best Places to Live in and Around Shorewood

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Compare Shorewood, MN Livability

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      Shorewood transportation information

      Statistic Shorewood Minnesota National
      Average one way commute25min23min26min
      Workers who drive to work76.7%78.0%76.4%
      Workers who carpool2.5%8.7%9.3%
      Workers who take public transit1.7%3.5%5.1%
      Workers who bicycle0.2%0.8%0.6%
      Workers who walk1.0%2.8%2.8%
      Working from home16.5%5.3%4.6%
      Source: The Shorewood, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).