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Shorewood, MN

City in Hennepin County, Minnesota. ZIP codes: 55331.

Population

7,647

Land area

5.3sq mi

People per sq mi

1,440

ZIP codes

1

Shorewood and its ZIP codes

Shorewood at a glance

  • Shorewood is about 20 times as dense as Minnesota as a whole.
  • By population, it ranks 122nd among 914 cities and towns in Minnesota.
  • The median household income is $171,063, 92% above the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $703,200 (about 2.1 times the Minnesota figure) and median rent is $1,607 a month.

Local data for Shorewood, MN

Counts from official public data

Housing and community stats

Shorewood, MN, American Community Survey 2020-2024

Full profile

Median household income

$171,063

Poverty rate

5.2%

Median home value

$703,200

Median rent

$1,607/mo

Homeownership

93.2%

Bachelor's or higher

72.1%

Median age

48.3

Average commute

22.6 min

Largest reported origins and ancestries: German Americans (2,835), Norwegian Americans (832), Swedish Americans (820).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Hennepin County. PPP loans are for Shorewood.

Details

Unemployment rate

4.6%

Aug 2026, +0.6 pts in a year

Average annual pay

$92,294

919,062 jobs, 2025

Income per person

$100,352

BEA, 2024

Federal spending

$173B

FY 2026, $134,694 per person

PPP loans

$50.55M

896 loans, 6,469 jobs reported

Hennepin County economyFederal spendingPPP loans

How people get to work

Shorewood, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone62.7%
  • Carpooled3.5%
  • Public transit0.1%
  • Walked1.0%
  • Bicycle1.6%
  • Taxi, ride-hailing, motorcycle or other0.7%
  • Worked from home30.4%

Average one-way commute: 22.6 minutes for people who do not work from home.

Environment and hazard risk

Shorewood, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: cold wave

Storm events since 1996

1,221

Countywide, mostly hail

Flood insurance policies

882

0.2% of homes, county

July high / Jan low

81° / 6°F

32.8 inches of rain a year

Hazards, floods and storm historyCheck a flood zone1 historic places

Health statistics

Share of adults in Shorewood, MN, CDC PLACES estimates

All 40 measures

Obesity

24.1%

U.S. 33.3% -9.2 pts

Diabetes

7.6%

U.S. 12.1% -4.5 pts

Smoking

7.7%

U.S. 12.8% -5.1 pts

Uninsured (18-64)

4.0%

U.S. 11.1% -7.1 pts

ZIP codes in Shorewood

1 in or overlapping Shorewood. Population shown

·

Cities near Shorewood

NameDistanceLand area (sq mi)
Tonka BayCity1.9 mi0.9
Spring ParkCity2.1 mi0.4
Village of Minnetonka BeachCity2.8 mi0.5
MoundCity2.8 mi2.9
ExcelsiorCity2.9 mi0.6
GreenwoodCity3.3 mi0.4
OronoCity3.7 mi15.9
VictoriaCity3.8 mi9.1
DeephavenCity5 mi2.3
MinnetristaCity5.5 mi26.1
ChanhassenCity5.7 mi20.4
Crown CollegeCensus-designated place6 mi0.3
Long LakeCity6 mi0.9
St. BonifaciusCity6.1 mi1
WoodlandCity6.2 mi0.6
ChaskaCity6.4 mi17.1

Frequently asked questions

What county is Shorewood, MN in?
Shorewood is in Hennepin County, Minnesota.
What ZIP codes are in Shorewood, MN?
ZIP codes in or overlapping Shorewood include 55331.
What is the population of Shorewood, MN?
About 7,647 people live in Shorewood, based on American Community Survey 5-year estimates.
What cities are near Shorewood?
Nearby places include Tonka Bay (1.9 mi), Spring Park (2.1 mi), Village of Minnetonka Beach (2.8 mi), Mound (2.8 mi), Excelsior (2.9 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023