Living in Shorewood, Illinois
Cost of living, income, home prices, rent and demographics of Shorewood · Census data 2020–2024
Shorewood has 18,343 residents with a median age of 44.2. The median household income is $122,105 (46% higher than the Illinois median), the median home value is $337,800, the median rent is $1,479/month.
Shorewood at a glance
- Population
- 18,343
- Median age
- 44.2State: 39
- Median household income
- $122,105State: $83,390
- Median home value
- $337,800State: $263,300
- Median rent
- $1,479/moState: $1,274
- Homeowners
- 96.8%
- Bachelor's degree or higher
- 41.1%
- Average commute
- 35 min
Is Shorewood a good place to live?
Pros: Median household income 46% higher than the Illinois median; a poverty rate of 5.2%.
Cons: Home values 28% higher than the state median; an average commute of 35 minutes; unemployment of 6.6%.
The weather is best in June to September.
Cost of living in Shorewood
Housing is the biggest part of the cost of living. In Shorewood the median home value is $337,800, about the same as the U.S. median. Renters pay a median of $1,479 per month, which is 51% of household income. Homeowners with a mortgage pay $2,265 a month in housing costs.
Shorewood median household income
The median household income in Shorewood is $122,105 and the income per person is $50,261. 5.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Shorewood: homes for sale and rent
- Housing units
- 7,172
- Owner-occupied
- 96.8%
- Renter-occupied
- 3.2%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 2.66
Shorewood demographics
- Population
- 18,343
- Median age
- 44.2
- Under 18
- 20.7%
- 65 and older
- 22.4%
- Households
- 6,852
- Foreign-born
- 5.8%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Shorewood ›
Education in Shorewood
41.1% of adults 25 and older in Shorewood have a bachelor's degree or higher (Illinois: 37.8%), and 16.8% have a graduate or professional degree.
Jobs and commute in Shorewood
- Unemployment rate
- 6.6%State: 5.8%
- Average commute
- 35 minState: 28 min
- Work from home
- 11.8%
- Drive alone
- 82.8%
- Public transit
- 0.9%
- Walk to work
- 0.6%
- Homes with broadband
- 96.5%
Shorewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shorewood | 18,343 | $122,105 | $337,800 | $1,479 |
| Joliet | 150,445 | $92,201 | $265,800 | $1,276 |
| Crystal Lawns | 1,766 | $82,033 | $243,200 | — |
| Rockdale | 2,553 | $59,135 | $188,300 | $1,256 |
| Sunnyland | 1,231 | $90,813 | $167,800 | $1,926 |
| Minooka | 12,891 | $115,445 | $315,600 | $1,552 |
| Crest Hill | 20,628 | $73,033 | $232,900 | $1,481 |
| Channahon | 13,927 | $119,494 | $327,900 | $1,708 |
| Preston Heights | 2,449 | $51,625 | $144,100 | $1,197 |
More for people moving to Shorewood
Shorewood ZIP code ›Weather and climate ›Living in Shorewood: FAQ
What is the median household income in Shorewood, IL?
The median household income in Shorewood is $122,105, 46% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Shorewood?
The median home value in Shorewood is $337,800, compared with $263,300 in Illinois.
How much is rent in Shorewood?
The median gross rent in Shorewood is $1,479 per month, about 51% of household income.
Is Shorewood, IL a good place to live?
Pluses: median household income 46% higher than the Illinois median; a poverty rate of 5.2%. Minuses: home values 28% higher than the state median; an average commute of 35 minutes; unemployment of 6.6%.
What is the median age in Shorewood?
The median age in Shorewood is 44.2 years (Illinois: 39).
How long is the commute in Shorewood?
The average commute to work in Shorewood is 35 minutes; 11.8% of workers work from home.
What is the unemployment rate in Shorewood?
The unemployment rate in Shorewood is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shorewood?
41.1% of adults in Shorewood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: