Living in Shorewood, Wisconsin
Cost of living, income, home prices, rent and demographics of Shorewood · Census data 2020–2024
Shorewood has 13,627 residents with a median age of 38.6. The median household income is $86,726 (12% higher than the Wisconsin median), the median home value is $443,700, the median rent is $1,347/month.
Shorewood at a glance
- Population
- 13,627
- Median age
- 38.6State: 40.2
- Median household income
- $86,726State: $77,485
- Median home value
- $443,700State: $266,500
- Median rent
- $1,347/moState: $1,087
- Homeowners
- 45.6%
- Bachelor's degree or higher
- 75.6%
- Average commute
- 21 min
Is Shorewood a good place to live?
Pros: Median household income 12% higher than the Wisconsin median; an average commute of 21 minutes; unemployment of 3.2%.
Cons: Home values 66% higher than the state median; a poverty rate of 14.3%.
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 $443,700, 33% higher than the U.S. median. Renters pay a median of $1,347 per month, which is 27.3% of household income. Homeowners with a mortgage pay $2,642 a month in housing costs.
Shorewood median household income
The median household income in Shorewood is $86,726 and the income per person is $64,879. 14.3% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Shorewood: homes for sale and rent
- Housing units
- 6,887
- Owner-occupied
- 45.6%
- Renter-occupied
- 54.4%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.06
Shorewood demographics
- Population
- 13,627
- Median age
- 38.6
- Under 18
- 19.1%
- 65 and older
- 17.4%
- Households
- 6,619
- Foreign-born
- 9.1%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Shorewood ›
Education in Shorewood
75.6% of adults 25 and older in Shorewood have a bachelor's degree or higher (Wisconsin: 33.4%), and 41.9% have a graduate or professional degree.
Jobs and commute in Shorewood
- Unemployment rate
- 3.2%State: 3.2%
- Average commute
- 21 minState: 22 min
- Work from home
- 23.5%
- Drive alone
- 57%
- Public transit
- 3.1%
- Walk to work
- 8.7%
- Homes with broadband
- 90.9%
Shorewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shorewood | 13,627 | $86,726 | $443,700 | $1,347 |
| Whitefish Bay | 14,665 | $157,109 | $533,800 | $1,335 |
| Glendale | 13,656 | $78,092 | $282,800 | $1,432 |
| Milwaukee | 566,973 | $54,234 | $184,000 | $1,059 |
| Fox Point | 6,683 | $141,467 | $444,700 | $1,726 |
| River Hills | 1,632 | $204,427 | $699,600 | $2,156 |
| Bayside | 4,329 | $160,096 | $431,900 | $1,647 |
| West Milwaukee | 4,038 | $49,128 | $207,400 | $920 |
| Brown Deer | 12,564 | $93,974 | $239,300 | $1,183 |
More for people moving to Shorewood
Shorewood ZIP code ›Weather and climate ›Living in Shorewood: FAQ
What is the median household income in Shorewood, WI?
The median household income in Shorewood is $86,726, 12% higher than the Wisconsin median of $77,485 (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 $443,700, compared with $266,500 in Wisconsin.
How much is rent in Shorewood?
The median gross rent in Shorewood is $1,347 per month, about 27.3% of household income.
Is Shorewood, WI a good place to live?
Pluses: median household income 12% higher than the Wisconsin median; an average commute of 21 minutes; unemployment of 3.2%. Minuses: home values 66% higher than the state median; a poverty rate of 14.3%.
What is the median age in Shorewood?
The median age in Shorewood is 38.6 years (Wisconsin: 40.2).
How long is the commute in Shorewood?
The average commute to work in Shorewood is 21 minutes; 23.5% of workers work from home.
What is the unemployment rate in Shorewood?
The unemployment rate in Shorewood is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shorewood?
75.6% 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: