Last updated: 2024 BLS data · Page refreshed:
Shakopee has a population of 46,012 with a median age of 36.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 46,012 |
| Median Age | 36.6 |
| White | 65.4% |
| Black or African American | 10.2% |
| Asian | 12.3% |
| Hispanic or Latino | 8.5% |
| Other / Two or More Races | 3.6% |
The median household income in Shakopee is $107,223, which is 33.0% above the national median of $80,610. The per capita income is $47,444. The poverty rate is 5.9%.
The unemployment rate in Shakopee is 2.7%, compared to the national rate of 4.1%.
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In Shakopee, 91.4% of residents age 25+ have a high school diploma or higher, and 40.4% hold a bachelor's degree or higher (11.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.4% |
| Bachelor's Degree or Higher | 40.4% |
| Graduate or Professional Degree | 11.9% |
The median home value in Shakopee is $374,800, above the national median of $303,400. The median monthly rent is $1,531. The homeownership rate is 74.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $374,800 |
| Median Monthly Rent | $1,531 |
| Homeownership Rate | 74.8% |
| Vacancy Rate | 3.3% |
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