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The total population of Shakopee is estimated to be 44,135 with 21,409 males (48.51%) and 22,726 females (51.49%). There are 1,317 more females than males in Shakopee.
The median household income in Shakopee was $104,279 in 2021, which marked an an increase of 1,569(1.53%) from $102,710 in 2020. This income is 139.77% 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, Shakopee sees its highest median household income among householders in the age group of 45 to 64 years old, at $123,229. Overall, the median household income for the city of Shakopee stands at $104,279.
In Shakopee, the median income for all workers aged 15 years and older, regardless of work hours, was $58,895 for males and $41,416 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $76,451 for males and $56,492 for females.
In Shakopee, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, American Indian and Alaska Native households have the highest median household income at $270,229, while Black or African American households represent the opposite end with the lowest median household income of $58,099.
In 2022, the population of Shakopee was 45,735, a 2.72% increase year-by-year from 2021. Previously, in 2021, Shakopee's population was 44,526, an increase of 1.05% compared to a population of 44,062 in 2020.
The median age in Shakopee, MN is 34.7, as per 2021 ACS 5-Year Estimates. Of the total population, 22.03% were under the age of 15, 21.58% aged 15 to 29, 46.62% aged 30 to 64, 8.73% aged 65 to 84, and 1.04% were 85 years of age and older.
Racial distribution of Shakopee population: 68.53% are White, 8.55% are Black or African American, 0.80% are American Indian and Alaska Native, 11.18% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 3.68% are some other race and 7.23% are multiracial.