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Shorewood Minnesota Real Estate By Jennifer Hershey

Shorewood Minnesota Real Estate

Shorewood, Minnesota, is located in Hennepin County, 8 miles W of Eden Prairie, Minnesota and 310 miles NW of Milwaukee, Wisconsin. Shorewood has a population of 7,400.

Shorewood Homes

Shorewood properties pool is 2,527 residential properties including Shorewood new homes. Median age of real estate in Shorewood is 1976. Average Household size is 3.22 people. 1% are one bedroom homes, 9% are 2 bedroom homes, 38% are 3 bedroom homes, 36% are 4 bedroom homes, and 17% are 5+ bedroom homes.

Shorewood Mortgage Statistics

Shorewood mortgages vs. USA median statistics

Homes Shorewood USA
Homes With No Mortgage 18%
30%
Homes With Mortgage 82%
70%
First Mortgage Only 57%
54%
First & Second Mortgage or HELOC 25%
16%

Shorewood Area Real Estate Tax

Shorewood Real estate Tax: Median Real Estate Taxes (2000) were $4,095 comparing to 1999 Median Family income $ 104,100. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Shorewood School District: Children make up 31.6% of Shorewood population. Shorewood has 2,339 under 18 years old residents, or 0.62 kids per one worker, or 0.93 kids per one household.

Shorewood Real Estate & Shorewood Homeownership

There are 328.51 or 13% one person households, 884.45 or 35% two person households, and 429.59 or 17% three person households in Shorewood, Minnesota. Median residents age is 38.7, Senior citizens (65+) make up 586 or 7.9%% of Shorewood population.

There are 3,762 workers (over 16 years of age) in Shorewood. Of these, 90.86% drive to work. Approximately 0.98% of workers in Shorewood take public transportation. An estimated 0.58% walk to work.

Median Shorewood homeowner's housing expences are 19.5%

Crime in Shorewood (2003), crimes per 10,000 residents per year

Type of Crime Shorewood USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Shorewood Properties

When making a decision about buying real estate in Shorewood Minnesota area, you should consider following statistical data:

Category Shorewood USA
Near Medium City
Eden Prairie, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Shorewood Zip Codes
55331, 55364
-
Shorewood Area Codes
952
-
White population
97.82%
75.1%
African-American population
0.39%
12.3%
Asian
0.89%
3.6%
American Indian & Alaskan
0.03%
0.9%
Hispanic (of any race)
0.82%
12.5%
Median Family Income (1999)
$ 104,100%
$42,000
Population Below Poverty Level
1.72%
12.4%

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