Shorewood is a medium-sized village located in the state of Illinois. With a population of 18,271 people and four associated neighborhoods, Shorewood is the 141st largest community in Illinois. There's nothing like the smell of a brand new house, and in Shorewood, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Shorewood, and putting down their money on brand new construction. Shorewood’s real estate is, on average, some of the newest in the nation. Shorewood does seem to be experiencing an influx of affluent people, because the median household income is $119,904.00.
Shorewood real estate is some of the most expensive in Illinois, although Shorewood house values don't compare to the most expensive real estate in the U.S.
Telecommuters are a relatively large percentage of the workforce: 10.64% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Shorewood is a great place for families with children to consider. First of all, many other families with children live here, making Shorewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Shorewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Shorewood’s overall crime rate is lower than average for the country.
One downside of living in Shorewood is that it can take a long time to commute to work. In Shorewood, the average commute to work is 30.86 minutes, which is quite a bit higher than the national average.
The citizens of Shorewood are very well educated compared to the average community in the nation: 38.95% of adults in Shorewood have a bachelor's degree or even advanced degree.
The per capita income in Shorewood in 2022 was $47,739, which is wealthy relative to Illinois and the nation. This equates to an annual income of $190,956 for a family of four.
Shorewood is a very ethnically-diverse village. The people who call Shorewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shorewood residents report their race to be White, followed by Black or African-American. Shorewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.72% of the village’s residents. Important ancestries of people in Shorewood include German, Irish, Polish, Italian, and English.
The most common language spoken in Shorewood is English. Other important languages spoken here include Spanish and Vietnamese.