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CITY · 2020 ACS

Shorewood Forest

Indiana · 3,033 residents · 1.899 sq mi
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The short version

Shorewood Forest is significantly wealthier than the US average, with a median household income of $135,750. Population has held roughly steady since 2019. 50% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $379,500. With a median age of 48.0, the population is older than the US median of 38.8. Households here earn about 133% more than the Indiana median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 48.0
US median: 38.8
More educated
50% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,033
+7%since 2019
from 2,825 in 2019
2010 – 2024
Population density
1,597 / sq mi
+7%since 2019
from 1,488 / sq mi in 2019
US average: 280
Median age
48.0
−2%since 2019
from 49.0 in 2019
US average: 38.8
Population, 2010 – 2024
2K3K3K3K3K201020202024Shorewood Forest
20243K
201020202024
Section 02

Income & economy

Median household income
$135,750
+9%inflation adjusted, since 2019
from $123,000 in 2019
US average: $66,278
2010 – 2024
Per capita income
$70,740
+23%since 2019
from $57,735 in 2019
US average: $35,364
Households earning $100K+
73.9%
+6.6 ptssince 2019
from 67.3% in 2019
US average: 43.9%
Poverty rate
3.2%
+1.4 ptssince 2019
from 1.8% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade18.1%
US avg: 10%
Information10.5%
US avg: 11.1%
Other services7.2%
US avg: 6.6%
Wholesale trade6.6%
US avg: 6.7%
Public administration6.1%
US avg: 4.7%
Finance & insurance2.9%
US avg: 5.5%
Professional, scientific, technical2%
US avg: 4.7%
Transportation & warehousing1.5%
US avg: 2.5%
Education & health services0.9%
US avg: 0.8%
Arts, entertainment, food0.7%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$379,500
+2%inflation adjusted, since 2019
from $369,000 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
96.9%
−1.5 ptssince 2019
from 98.4% in 2019
3.1% rent
Afford Score
2.8
−7%since 2019
from 3.0 in 2019
2010 – 2024
RELATED:See current rent listings in Shorewood Forest on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic88.6%(2,502)
Black1.2%(34)
Hispanic / Latino5.5%(154)
Asian4.8%(135)
Other0%(0)
Diversity Score26.3%(742)
2020
White, non-Hispanic86.3%(2,617)
Black2.7%(81)
Hispanic / Latino5.2%(157)
Asian2.1%(63)
Other3.4%(105)
Diversity Score30.7%(930)
Diversity Score
31
+17%since 2019
from 26 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
50.0%
−0.2 ptssince 2019
from 50.1% in 2019
US average: 32.9%
High school or higher
96.4%
−0.4 ptssince 2019
from 96.9% in 2019
US average: 88.5%
Graduate degree
27.7%
+4.4 ptssince 2019
from 23.3% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
35.3 min
+7%since 2019
from 33.0 min in 2019
US average: 26.9
Drive alone to work
87.3%
+0.2 ptssince 2019
from 87.2% in 2019
US average: 75.1%
No vehicle available
1.2%
Unchangedsince 2019
from 1.2% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
+0.7 ptssince 2019
from 1.9% in 2019
US average: 5.4%
Labor force participation
64.5%
+3.6 ptssince 2019
from 60.9% in 2019
US average: 63.4%
Management & professional
53.2%
+0.9 ptssince 2019
from 52.3% in 2019
US average: 39.3%
Section 08

People & community

Male
54.2%
−0.1 ptssince 2019
from 54.2% in 2019
Female
45.8%
+0.1 ptssince 2019
from 45.8% in 2019
Foreign born
6.4%
−0.8 ptssince 2019
from 7.2% in 2019
US average: 13.5%
Uninsured
0.9%
−0.1 ptssince 2019
from 1.0% in 2019
US average: 8.8%
Drill deeper

Places similar to Shorewood Forest

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Compare Shorewood Forest to nearby cities

SHOREWOOD FOREST VS
Valparaiso
Income$69,872−49%
Home value$267,300−30%
Population35,177+978%
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SHOREWOOD FOREST VS
Winfield
Income$135,870same
Home value$409,500+8%
Population9,140+180%
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SHOREWOOD FOREST VS
Hobart
Income$75,160−45%
Home value$215,200−43%
Population29,298+798%
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SHOREWOOD FOREST VS
Merrillville
Income$67,587−50%
Home value$211,400−44%
Population37,407+1046%
SEE FULL COMPARISON →
Frequently asked

How many people live in Shorewood Forest, Indiana?

Shorewood Forest, Indiana has about 3,033 residents according to the 2020 American Community Survey.

What is the median household income in Shorewood Forest, Indiana?

The typical household in Shorewood Forest, Indiana earns about $135,750 a year. Half of households make more than that, and half make less.

Is Shorewood Forest, Indiana expensive?

In Shorewood Forest, Indiana, the median home is worth about $379,500.

How educated are people in Shorewood Forest, Indiana?

About 50.0% of adults age 25 and over in Shorewood Forest, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Shorewood Forest, Indiana?

About 3.2% of people in Shorewood Forest, Indiana live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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