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The total population of Shafer is estimated to be 1,111 with 579 males (52.12%) and 532 females (47.88%). There are 47 less females than males in Shafer.
The median household income in Shafer was $101,529 in 2021, which marked an an increase of 8,730(9.41%) from $92,799 in 2020. This income is 136.09% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Shafer sees its highest median household income among householders in the age group of 45 to 64 years old, at $116,392. Overall, the median household income for the city of Shafer stands at $101,529.
In Shafer, the median income for all workers aged 15 years and older, regardless of work hours, was $58,891 for males and $34,936 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,100 for males and $46,701 for females.
In Shafer, population is primarily represented by White households, reporting a median income of $101,915.
In 2022, the population of Shafer was 1,188, a 0.42% increase year-by-year from 2021. Previously, in 2021, Shafer's population was 1,183, an increase of 2.69% compared to a population of 1,152 in 2020.
The median age in Shafer, MN is 30.8, as per 2021 ACS 5-Year Estimates. Of the total population, 23.86% were under the age of 15, 24.82% aged 15 to 29, 45.26% aged 30 to 64, 5.35% aged 65 to 84, and 0.70% were 85 years of age and older.
Racial distribution of Shafer population: 95.26% are White, 0.44% are American Indian and Alaska Native, 1.49% are some other race and 2.81% are multiracial.