Median Income
$92,321
household / year
Median Home Value
$209,200
owner-occupied
Median Rent
$1,067
gross / month
Cost of Living
104
national avg = 100

Is Shafer, MN a Good Place to Live?

Shafer is a small town of 1,111 in Minnesota, with a median household income of $92,321 and a 3.2% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Shafer stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes. Whether Shafer is right for you depends on your priorities — the full breakdown is below.

All Shafer city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 104.5

Shafer's overall cost of living index is 104.5, where 100 represents the US national average. Living in Shafer costs roughly 4% more than the average American city.

Metric Shafer, MN National Avg
Median Home Value $209,200 $244,900
Median Monthly Rent $1,067 $1,163
Homeownership Rate 85.1% 65.9%
Median Household Income $92,321 $74,755

Crime & Safety

Very Safe

Shafer's violent crime rate is 83.1 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.

Violent Crime
83.1 /100k
Property Crime
459.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Shafer, MN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 18.2% 35.4%
High School Diploma or Higher 94.9% 91.1%

Weather & Climate

Shafer sees average highs of 23.0°F in January and 82.0°F in July, with 30.5 inches of annual precipitation and 42.6 inches of snow per year.

MetricShafer, MN
Average High — January23.0°F
Average High — July82.0°F
Annual Precipitation30.5"
Annual Snowfall42.6"

Demographics

MetricShafer, MNNational Avg
Population1,111—
Median Age30.738.9
Unemployment Rate3.2%3.7%
Avg Commute Time40.5 min26 min
White (non-Hispanic)89.3%59.3%
Black or African American0.0%13.6%
Hispanic or Latino2.6%18.9%
Asian0.0%6.3%
Under 1829.3%22.2%
65 and over6.1%16.8%

Nearby Cities

Center City, MN 3 mi Lindstrom, MN 4 mi Taylors Falls, MN 4 mi Osceola, WI 6 mi Dresser, WI 6 mi

ZIP Codes in Shafer

Shafer, MN is covered by 1 ZIP code:

55074

Shafer vs Other Cities

Shafer, MN vs Center City, MN Shafer, MN vs Lindstrom, MN Shafer, MN vs Taylors Falls, MN Shafer, MN vs Osceola, WI Shafer, MN vs Dresser, WI

Frequently Asked Questions

Shafer's cost of living index is 104, where 100 is the national average. That puts Shafer roughly 4% above the national average in cost. The median home price is $209,200 and median rent is $1,067/month.
Shafer's violent crime rate is 83.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 459.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Shafer, MN has a population of 1,111, a median household income of $92,321, and an unemployment rate of 3.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Shafer averages 23.0°F in January and 82.0°F in July. Annual rainfall is 30.5 inches with about 42.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Shafer, MN is covered by 1 ZIP code: 55074.
The population of Shafer, Minnesota is 1,111 with a median age of 30.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Shafer: cost of living index 104 (100 = US average), median home $209,200, median household income $92,321, crime index 22 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Shafer side by side with your current city to see the trade-offs.