Is Shakopee, MN a Good Place to Live?
Shakopee is a small city of 44,135 in Minnesota, with a median household income of $103,924 and a 3.9% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.
Strengths: Shakopee stands out for lower-than-average crime, solid school ratings (B), a well-educated population, short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Shakopee is right for you depends on your priorities — the full breakdown is below.
All Shakopee 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: 104.5Shakopee's overall cost of living index is 104.5, where 100 represents the US national average. Living in Shakopee costs roughly 4% more than the average American city.
| Metric | Shakopee, MN | National Avg |
|---|---|---|
| Median Home Value | $348,300 | $244,900 |
| Median Monthly Rent | $1,417 | $1,163 |
| Homeownership Rate | 73.1% | 65.9% |
| Median Household Income | $103,924 | $74,755 |
Crime & Safety
Very SafeShakopee's violent crime rate is 116.1 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Shakopee is served primarily by Southwest Metro Intermediate 288. The student-to-teacher ratio is 4.5:1 (better than the national average of ~16:1).
| Metric | Shakopee, MN | National Avg |
|---|---|---|
| School District | Southwest Metro Intermediate 288 | — |
| Elementary Schools | 6 | — |
| Middle Schools | N/A | — |
| High Schools | 17 | — |
| Student/Teacher Ratio | 4.5:1 | 16:1 |
| Bachelor's Degree or Higher | 38.4% | 35.4% |
| High School Diploma or Higher | 92.6% | 91.1% |
Weather & Climate
Shakopee sees average highs of 24.4°F in January and 83.7°F in July, with 33.8 inches of annual precipitation and 54.7 inches of snow per year.
| Metric | Shakopee, MN |
|---|---|
| Average High — January | 24.4°F |
| Average High — July | 83.7°F |
| Annual Precipitation | 33.8" |
| Annual Snowfall | 54.7" |
Demographics
| Metric | Shakopee, MN | National Avg |
|---|---|---|
| Population | 44,135 | — |
| Median Age | 35.0 | 38.9 |
| Unemployment Rate | 3.9% | 3.7% |
| Avg Commute Time | 23.0 min | 26 min |
| White (non-Hispanic) | 66.1% | 59.3% |
| Black or African American | 8.3% | 13.6% |
| Hispanic or Latino | 6.6% | 18.9% |
| Asian | 12.2% | 6.3% |
| Under 18 | 26.8% | 22.2% |
| 65 and over | 9.8% | 16.8% |
Nearby Cities
ZIP Codes in Shakopee
Shakopee, MN is covered by 1 ZIP code: