What it's like to live in Shakopee
Shakopee is a small city in Minnesota with unemployment below the national average, household incomes running above the national average, crime rates well below the national average, and commutes that run shorter than most cities. Those factors carry real weight for anyone weighing where to move next.
The tradeoffs are worth naming plainly. Shakopee deals with cold, harsh winters and snowy winters.
The good
- Low unemployment
- Higher-than-average incomes
- Low crime rates
- Short commutes
- Highly educated workforce
- Fast-growing population
The not so good
- Cold, harsh winters
- Snowy winters — 55" per year
How Shakopee compares
Median household income
Median rent (per month)
Median home value
What it takes to move to Shakopee
Based on Shakopee's median rent, home value and household income
To rent
$3,062
up front: first month plus a typical one-month deposit
- Income to keep rent under 30%: $61,240 a year
- 46% of Shakopee renters spend 30% or more of their income on rent
To buy
$74,960
a 20% down payment on the median home
- With 10% down: $37,480
- Homes cost 3.5× the typical local household income (US: 4.1×)
Moving costs, closing costs and taxes not included.
The details
Cost of livingNear US average
$1,531/mo median rent
Rent is pretty middle of the road, at $1,531 a month median. Not a bargain, not a budget-buster. About typical for a city this size. Home prices run above average, with a median around $374,800. Buyers should expect to stretch their budget here.
Median home value $374,800 · 46% of renters cost-burdened
Job market▼ 19% below US
3.5% unemployment
Unemployment here is 3.5%, a little below the national average of 4.3%.
City-level (BLS)
Safety▼ 74% below US
87 violent crimes per 100k
Pretty safe, all things considered. Violent crime sits below the national average, nothing alarming, just ordinary city-life awareness.
Property crime 1197/100k · Shakopee Police Department · 2025 data
Getting around▼ 14% below US
22 min average commute
Commutes are reasonable, averaging 22.4 minutes. Nothing heroic, and there's still time left over for a life after work. 8 in 10 workers drive to work; 18% work from home.
How workers get to work
Climate
Summers are warm, with highs around 81°F, and winters are cold and harsh, with lows dropping to 11°F.
Average month
30-year averages, 1991–2020
Healthcare
1 hospital
There's one Medicare-certified hospital inside city limits, rated 3.0 out of 5 by Medicare. Hospitals in neighboring towns aren't counted here.
Medicare-certified hospitals
Education & workforce▲ 12% above US
40% bachelor's degree or higher
The population is well-educated, with 40% holding college degrees. That points to a strong professional base and generally a healthy local economy.
Schools
20 public schools inside the boundary
There are 20 public schools inside the boundary and 3 private schools. The student-to-teacher ratio is 15:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.
Parks & recreation
The nearest national park or historic site is Mississippi National River & Recreation Area (22 miles away). There are 2 national parks and sites within a day's drive.
Bottom line
Shakopee's strongest points are unemployment below the national average and household incomes running above the national average; the main tradeoffs are cold, harsh winters and snowy winters. A year of median rent ($1,531/mo) equals 17% of the median household income here, less than the 21% typical nationwide. It tends to suit anyone prioritizing low crime, remote workers (18% of workers here already work from home), and college-educated professionals. It may be a harder fit for anyone who dislikes long, cold winters.
Other places near Shakopee
All Minnesota guides →Moving to Prior Lake →
4 mi away · pop. 28,016
Rent $1,654/mo · Income $134,255
Compare with Shakopee →Moving to Eden Prairie →
5 mi away · pop. 63,051
Rent $1,833/mo · Income $130,489
Compare with Shakopee →Not sure Shakopee is the one?
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