Shakopee 90 Exceptional
Shakopee Livability #4 ranked city in Minnesota#99 ranked city in the USARanks better than 99% of areas
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Pros and Cons of Living in Shakopee

PROS
  • Amenities Amenities

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

  • Commute 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 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 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 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 Nothing Found

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

What's it like Living in Shakopee?

Shakopee, Minnesota is a moderately-sized city with a population of 42,849 people. If we look at the most recent Census, Shakopee is known to have a predominantly White population. The next two most common races are 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.

Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Shakopee 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. To help you find the best places to live in and around Shakopee, AreaVibes has created a livability score using key metrics like crime, cost of living, commute, education, housing and more.

Shakopee, MN receives 89/100 for its livability score; this results in a ranking of #4 in Minnesota and #110 in the USA. Compared to the national average, Shakopee ranks among some of the best places to live in the country! Another exciting tidbit, is that Shakopee ranks better than 90% of all US cities! There are nine total categories that generate the livability score. Shakopee scores well for amenities (A), crime (A-), education (B), employment (A+) and housing (A+)

If you're considering living in Shakopee, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Shakopee provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area. Some of the more notable entertainment options include: Valleyfair, Canterbury Park, and Murphy's Landing.

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Shakopee, it boasts a notably low violent crime rate of 116 crimes per 100,000 residents, which significantly outperforms the national average.

The Shakopee unemployment rate of 2.7% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Shakopee market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Shakopee. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Shakopee are affordable. Median real estate prices in Shakopee come in at $506,558, which is 49.4% 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 3.8, which is 2.7% higher than the Minnesota average.

Best Places to Live in and Around Shakopee

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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) and include 2026 modeled data developed using proprietary methodologies.