Living in Shorewood Forest, Indiana

Cost of living, income, home prices, rent and demographics of Shorewood Forest · Census data 2020–2024

Shorewood Forest has 3,263 residents with a median age of 47.2. The median household income is $165,972 (131% higher than the Indiana median), the median home value is $479,100.

Shorewood Forest at a glance

Population
3,263
Median age
47.2State: 38.1
Median household income
$165,972State: $71,957
Median home value
$479,100State: $218,200
Homeowners
99.4%
Bachelor's degree or higher
46.7%
Average commute
31 min

Is Shorewood Forest a good place to live?

Pros: Median household income 131% higher than the Indiana median; unemployment of 1.3%; a poverty rate of 8.6%.

Cons: Home values 120% higher than the state median; an average commute of 31 minutes.

The weather is best in June to September.

Cost of living in Shorewood Forest

Housing is the biggest part of the cost of living. In Shorewood Forest the median home value is $479,100, 44% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,365 a month in housing costs.

Median home value

Shorewood Forest$479,100
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Shorewood Forest median household income

The median household income in Shorewood Forest is $165,972 and the income per person is $87,905. 8.6% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Shorewood Forest$165,972
Indiana$71,957
United States$80,734

Housing in Shorewood Forest: homes for sale and rent

Housing units
1,126
Owner-occupied
99.4%
Renter-occupied
0.6%
Vacant
6.5%Includes seasonal homes
Median year built
1989
Average household size
3.10

Shorewood Forest demographics

Population
3,263
Median age
47.2
Under 18
24.1%
65 and older
19.7%
Households
1,053
Foreign-born
5.1%
Veterans
8.2%Adults 18+

Race and ethnicity

White81.9%
Hispanic or Latino9.7%
Black2%
Asian2%

Hispanic or Latino can be of any race. Population history of Shorewood Forest ›

Education in Shorewood Forest

46.7% of adults 25 and older in Shorewood Forest have a bachelor's degree or higher (Indiana: 29.5%), and 24.1% have a graduate or professional degree.

Bachelor's degree or higher

Shorewood Forest46.7%
Indiana29.5%
United States35.7%

Jobs and commute in Shorewood Forest

Unemployment rate
1.3%State: 4.3%
Average commute
31 minState: 24 min
Work from home
10.3%
Drive alone
84.6%
Public transit
0%
Walk to work
0%
Homes with broadband
93.6%

Shorewood Forest vs nearby towns

TownPopulationMedian incomeHome valueRent
Shorewood Forest3,263$165,972$479,100—
Aberdeen1,490$94,926$367,100$2,109
Salt Creek Commons1,843$94,167$198,300$1,388
Valparaiso34,733$69,872$267,300$1,224
Lakes of the Four Seasons7,402$121,750$337,300$1,688
South Haven7,241$76,003$178,200$1,297
Winfield7,816$135,870$409,500—
Hobart29,558$75,160$215,200$1,206
Malden137$95,288$225,000—

More for people moving to Shorewood Forest

Shorewood Forest ZIP code ›Weather and climate ›

Living in Shorewood Forest: FAQ

What is the median household income in Shorewood Forest, IN?

The median household income in Shorewood Forest is $165,972, 131% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Shorewood Forest?

The median home value in Shorewood Forest is $479,100, compared with $218,200 in Indiana.

Is Shorewood Forest, IN a good place to live?

Pluses: median household income 131% higher than the Indiana median; unemployment of 1.3%; a poverty rate of 8.6%. Minuses: home values 120% higher than the state median; an average commute of 31 minutes.

What is the median age in Shorewood Forest?

The median age in Shorewood Forest is 47.2 years (Indiana: 38.1).

How long is the commute in Shorewood Forest?

The average commute to work in Shorewood Forest is 31 minutes; 10.3% of workers work from home.

What is the unemployment rate in Shorewood Forest?

The unemployment rate in Shorewood Forest is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Shorewood Forest?

46.7% of adults in Shorewood Forest 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.

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