Median Income
$103,924
household / year
Median Home Value
$348,300
owner-occupied
Median Rent
$1,417
gross / month
Cost of Living
104
national avg = 100

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: 104.5

Shakopee'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 Safe

Shakopee's violent crime rate is 116.1 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.

Violent Crime
116.1 /100k
Property Crime
1158.8 /100k

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.

MetricShakopee, MN
Average High — January24.4°F
Average High — July83.7°F
Annual Precipitation33.8"
Annual Snowfall54.7"

Demographics

MetricShakopee, MNNational Avg
Population44,135
Median Age35.038.9
Unemployment Rate3.9%3.7%
Avg Commute Time23.0 min26 min
White (non-Hispanic)66.1%59.3%
Black or African American8.3%13.6%
Hispanic or Latino6.6%18.9%
Asian12.2%6.3%
Under 1826.8%22.2%
65 and over9.8%16.8%

Nearby Cities

ZIP Codes in Shakopee

Shakopee, MN is covered by 1 ZIP code:

Shakopee vs Other Cities

Frequently Asked Questions

Shakopee's cost of living index is 104, where 100 is the national average. That puts Shakopee roughly 4% above the national average in cost. The median home price is $348,300 and median rent is $1,417/month.
Shakopee's violent crime rate is 116.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1158.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Shakopee are operated by Southwest Metro Intermediate 288. The district has 6 elementary, several middle, and 17 high schools. The student-to-teacher ratio is 4.5:1. 38.4% of adults 25+ hold a bachelor's degree or higher.
Shakopee, MN has a population of 44,135, a median household income of $103,924, and an unemployment rate of 3.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Shakopee averages 24.4°F in January and 83.7°F in July. Annual rainfall is 33.8 inches with about 54.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Shakopee, MN is covered by 1 ZIP code: 55379.
The population of Shakopee, Minnesota is 44,135 with a median age of 35.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Shakopee: cost of living index 104 (100 = US average), median home $348,300, median household income $103,924, crime index 40 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Shakopee side by side with your current city to see the trade-offs.