Shoreview, MN
Population 26,724 · Minnesota
About Shoreview, MN
Shoreview is a mid-sized city located in Minnesota with a population of 26,724 residents according to the latest US Census Bureau American Community Survey data. The median household income is $109,399 per year, which is 46% above the national median of $75,149. The median age of 44.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Shoreview features a median home value of $365,100, which is 49% above the national median of $244,900. This positions Shoreview in a moderately priced market relative to the rest of the country. Median monthly rent is $1,502, 29% above the national average of $1,163/month. Of the 11,644 total housing units, 81% are owner-occupied (9,207 units) and 19% are renter-occupied (2,116 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shoreview shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shoreview have an average one-way commute time of 22.9 minutes.
Education & Demographics
63.1% of Shoreview residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.2% White, 1.4% Hispanic or Latino, 0.8% Black or African American, and 1.6% Asian residents, with 10.2% of the population being foreign-born.
How Shoreview Ranks in Minnesota
Cost of Living in Shoreview, MN
Compared to national averages, Shoreview has a median household income of $109,399 (46% above the national median of $75,149). Home values average $365,100, which is 49% above the national median. Monthly rent at $1,502 is 29% above the US average of $1,163. Within Minnesota, Shoreview's income is 47% above the state average of $74,221, and home values are 79% above the state median of $204,472.
Why Live in Shoreview, MN?
Shoreview offers a strong local economy with a median household income of $109,399, well above the national average, and a well-educated community where 63.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.5%, better than the national average. Additionally, the city features short commute times averaging just 22.9 minutes.
Shoreview has a population of 26,724 with a median age of 44.5 years. Compare Shoreview with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Shoreview
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosemount | 26,509 | $127,247 | $406,100 | Compare |
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Austin | 26,167 | $66,488 | $155,100 | Compare |
| Chanhassen | 26,001 | $138,034 | $530,700 | Compare |
| Winona | 25,998 | $56,163 | $193,500 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
| Ramsey | 28,070 | $112,060 | $345,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Shoreview With Other Cities
Frequently Asked Questions about Shoreview
What is the population of Shoreview, MN?
The population of Shoreview, MN is 26,724 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Shoreview?
The median household income in Shoreview, MN is $109,399 per year, which is 46% above the national median of $75,149.
What is the median home value in Shoreview?
The median home value in Shoreview, MN is $365,100, which is 49% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shoreview?
The median monthly rent in Shoreview, MN is $1,502, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Shoreview?
The unemployment rate in Shoreview, MN is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shoreview, MN a good place to live?
Shoreview offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 26,724 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Shoreview, MN?
63.1% of residents in Shoreview aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Shoreview?
Key cost-of-living indicators for Shoreview, MN: median home value is $365,100 (49% above national), median rent is $1,502/month, and median household income is $109,399. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shoreview?
The poverty rate in Shoreview, MN is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shoreview, MN?
Shoreview's population is 2.2% White, 1.4% Hispanic or Latino, 0.8% Black or African American, 1.6% Asian, and 3.8% two or more races. 10.2% of residents are foreign-born.