Shorewood, MN
7,647Residents
$171,063Median household income
$1,607/moMedian gross rent
$703,200Median home value
48.3Median age
72%Adults with a bachelor’s degree or higher
93%Homes lived in by their owners
4.1×Home value to household income
Median rent takes about 11% of the median household income in Shorewood.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $64,000 a year. In Minnesota that leaves roughly $4,104 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.