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CITY · 2020 ACS

Shakopee

Minnesota · 43,698 residents · 29.132 sq mi
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The short version

Shakopee is significantly wealthier than the US average, with a median household income of $90,642. The city has more than doubled in size since 2000, adding 23,130 residents. Median home value has more than doubled since 2000, reaching $280,500. Poverty is rare here, at 6.0% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 35.2
US median: 38.8
More educated
37% hold a bachelor's degree
US average: 33%
Less affordable
home values up 32%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
43,698
+112%since 2000
from 20,568 in 2000
1990 – 2025
Population density
1,500 / sq mi
+112%since 2000
from 706 / sq mi in 2000
US average: 280
Median age
35.2
+12%since 2000
from 31.5 in 2000
US average: 38.8
Population, 1990 – 2024
8K19K29K39K49K1990201020202024Shakopee
202446K
1990201020202024
Section 02

Income & economy

Median household income
$90,642
+2%inflation adjusted, since 2000
from $59,137 in 2000
US average: $66,278
1990 – 2024
Per capita income
$37,857
+51%since 2000
from $25,128 in 2000
US average: $35,364
Households earning $100K+
60.4%
+10.3 ptssince 2009
from 50.0% in 2009
US average: 43.9%
Poverty rate
6.0%
+2.5 ptssince 2000
from 3.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade13.8%
US avg: 10%
Information12.2%
US avg: 11.1%
Other services9.1%
US avg: 6.6%
Public administration7.6%
US avg: 4.7%
Finance & insurance5.6%
US avg: 5.5%
Wholesale trade4.7%
US avg: 6.7%
Professional, scientific, technical4.7%
US avg: 4.7%
Transportation & warehousing2.8%
US avg: 2.5%
Agriculture, forestry, fishing1.9%
US avg: 1.7%
Construction1.6%
US avg: 1.2%
Arts, entertainment, food1.3%
US avg: 2%
Education & health services0.9%
US avg: 0.8%
Manufacturing0.4%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$280,500
+32%inflation adjusted, since 2000
from $141,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,213
+15%inflation adjusted, since 2000
from $700 in 2000
US average: $1,124
Owner-occupied
73.8%
−4.8 ptssince 2000
from 78.6% in 2000
26.2% rent
Afford Score
3.1
+30%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Shakopee on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.6%(18,432)
Black1.3%(264)
Hispanic / Latino4.4%(906)
Asian2.4%(491)
Other0%
Diversity Score19.5%(4,003)
2020
White, non-Hispanic63.6%(27,776)
Black9.3%(4,070)
Hispanic / Latino9.2%(4,010)
Asian11.8%(5,139)
Other7.6%(3,339)
Diversity Score71.5%(31,231)
Diversity Score
71
+267%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
37.1%
+11.3 ptssince 2000
from 25.8% in 2000
US average: 32.9%
High school or higher
92.9%
+3.5 ptssince 2000
from 89.4% in 2000
US average: 88.5%
Graduate degree
10.3%
+4.7 ptssince 2000
from 5.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.7 min
+65%since 2000
from 13.8 min in 2000
US average: 26.9
Drive alone to work
79.9%
−0.6 ptssince 2009
from 80.4% in 2009
US average: 75.1%
No vehicle available
3.8%
−0.2 ptssince 2009
from 4.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.5%
−2.3 ptssince 2011
from 5.8% in 2011
US average: 5.4%
Labor force participation
75.2%
−5.2 ptssince 2011
from 80.4% in 2011
US average: 63.4%
Management & professional
41.7%
−27.3 ptssince 2009
from 68.9% in 2009
US average: 39.3%
Section 08

People & community

Male
48.7%
−1.6 ptssince 2009
from 50.3% in 2009
Female
51.3%
+1.6 ptssince 2009
from 49.7% in 2009
Foreign born
17.1%
+3.8 ptssince 2009
from 13.4% in 2009
US average: 13.5%
Uninsured
4.6%
−87.0 ptssince 2013
from 91.6% in 2013
US average: 8.8%
Drill deeper

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Compare Shakopee to nearby cities

SHAKOPEE VS
Prior Lake
Income$134,255+48%
Home value$450,700+61%
Population28,140−43%
SEE FULL COMPARISON →
SHAKOPEE VS
Eden Prairie
Income$130,489+44%
Home value$473,900+69%
Population63,075+28%
SEE FULL COMPARISON →
SHAKOPEE VS
Savage
Income$125,513+38%
Home value$432,300+54%
Population32,970−33%
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SHAKOPEE VS
Chanhassen
Income$143,651+58%
Home value$566,300+102%
Population25,748−48%
SEE FULL COMPARISON →
Frequently asked

How many people live in Shakopee, Minnesota?

Shakopee, Minnesota has about 43,698 residents according to the 2020 American Community Survey.

What is the median household income in Shakopee, Minnesota?

The typical household in Shakopee, Minnesota earns about $90,642 a year. Half of households make more than that, and half make less.

Is Shakopee, Minnesota expensive?

In Shakopee, Minnesota, the median home is worth about $280,500, and the typical rent is about $1,213 a month.

How educated are people in Shakopee, Minnesota?

About 37.1% of adults age 25 and over in Shakopee, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Shakopee, Minnesota?

About 6.0% of people in Shakopee, Minnesota live below the federal poverty line.

Has Shakopee, Minnesota grown since 1990?

Yes, Shakopee, Minnesota has grown since 1990. The population has added about 31,959 residents, a change of about 272 percent over that period.

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

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