Shorewood, IL
Population 18,218 · Illinois
About Shorewood, IL
Shorewood is a mid-sized city in Illinois with a population of 18,218 residents. The median household income is $122,648 per year, which is above the national average. The median age in Shorewood is 44.5 years.
Housing in Shorewood has a median home value of $324,600 and median monthly rent of $2,087. Of the 6,916 total housing units, the majority are owner-occupied, with 6,297 owner-occupied and 294 renter-occupied units.
The unemployment rate in Shorewood is 5.0% and the poverty rate is 5.0%. 41.0% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
Cost of Living in Shorewood, IL
Compared to national averages, Shorewood has a median household income of $122,648 (63% above the national median of $75,149). Home values average $324,600, which is 33% above the national median. Monthly rent at $2,087 is 79% above the US average of $1,163. Within Illinois, Shorewood's income is 63% above the state average of $75,072, and home values are 96% above the state median of $165,779.
Why Live in Shorewood, IL?
Shorewood offers a strong local economy with a median household income of $122,648, well above the national average, and a well-educated community where 41.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.0%, better than the national average.
Shorewood has a population of 18,218 with a median age of 44.5 years. Compare Shorewood with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Shorewood
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Franklin Park | 18,233 | $76,009 | $261,700 | Compare |
| Sycamore | 18,243 | $80,837 | $254,200 | Compare |
| East St. Louis | 18,278 | $30,992 | $52,700 | Compare |
| Palos Hills | 18,139 | $83,969 | $259,200 | Compare |
| Bourbonnais | 18,109 | $81,017 | $242,600 | Compare |
| Bellwood | 18,373 | $76,990 | $219,600 | Compare |
| North Aurora | 18,375 | $111,781 | $323,900 | Compare |
| Cary | 17,875 | $109,790 | $287,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Shorewood
What is the population of Shorewood, IL?
The population of Shorewood, IL is 18,218 according to the latest Census data.
What is the median household income in Shorewood?
The median household income in Shorewood, IL is $122,648 per year.
What is the median home value in Shorewood?
The median home value in Shorewood, IL is $324,600.
What is the average rent in Shorewood?
The median monthly rent in Shorewood, IL is $2,087.
What is the unemployment rate in Shorewood?
The unemployment rate in Shorewood, IL is 5.0%.