Shorewood is a somewhat small city located in the state of Minnesota. With a population of 8,084 people and two constituent neighborhoods, Shorewood is the 118th largest community in Minnesota.
Shorewood home prices are not only among the most expensive in Minnesota, but Shorewood real estate also consistently ranks among the most expensive in America.
Shorewood is a decidedly white-collar city, with fully 88.43% of the workforce employed in white-collar jobs, well above the national average. Overall, Shorewood is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Shorewood who work in management occupations (23.39%), sales jobs (12.55%), and business and financial occupations (11.46%).
Also of interest is that Shorewood has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.63% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Shorewood is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Shorewood is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Shorewood really has some of the features that families look for when choosing a good community to raise children. Is Shorewood perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Shorewood. 69.40% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Shorewood in 2018 was $72,204, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $288,816 for a family of four.
The people who call Shorewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shorewood residents report their race to be White, followed by Asian. Important ancestries of people in Shorewood include German, Norwegian, Irish, Swedish, and English.
The most common language spoken in Shorewood is English. Other important languages spoken here include Spanish and Arabic.