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All about

Shakopee, MN

A small city located in Minnesota, Shakopee has slightly more than 39,000 residents. It's a great place to raise a family, as young children account for a higher percentage of the population here (9%) than nationally (6%), while retirees account for a smaller percentage of the city. At an average age of just over 33, the city's residents are notably younger than most cities in Minnesota. Most residents own their homes in Shakopee, and 25% of residents rent. The average rent for Shakopee is $222/month more than the state average.

Compared to the national average (13%), Shakopee has a relatively large percentage of college graduates, as 16% of the city's residents over the age of 25 possess a Bachelor's Degree. Additionally, 22% have earned a Bachelor's, Master's, Professional, or Doctoral degree. If you're looking for a variety of career options, Shakopee has plenty. The four most common industries are manufacturing, retail, entertainment, and healthcare. Combined, these industries account for 30% of the labor force in the city. Meanwhile, looking at job function, many workers in these industries are in sales, as 10% of the city's population reports this as their field of work, the highest number of any career path. Shakopee workers earn an average annual income of around $96K, about $16,000 more than their peers elsewhere in Minnesota. Shakopee's average income also compares favorably to the national average of $73,345.

Shakopee has an average commute time of about 25 minutes. Many residents (50%) commute to work by car or truck, while public transportation is not used much. Few residents walk to work.

Average Rent in Shakopee

Studio1 Bed2 Bed3 Bed
Dec 19$1,005$1,361$1,485$1,470
Oct 191,0051,3391,5051,922
Sep 191,0051,3751,6471,935
Aug 191,0051,3951,7001,855
Jul 199901,4151,8001,885
Jun 199901,3671,7901,897
May 199901,3801,7851,955
Apr 199751,4021,6941,912
Mar 199751,4021,7091,927
Feb 199201,4021,7451,855
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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