Shakopee is a medium-sized city located in the state of Minnesota. With a population of 45,735 people and nine associated neighborhoods, Shakopee is the 23rd largest community in Minnesota. Much of the housing stock in Shakopee was built relatively recently. The construction of new real estate can often be taken as an indication that the local Shakopee economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Shakopee, where the median household income is $103,924.00. Shakopee real estate is some of the most expensive in Minnesota, although Shakopee house values don't compare to the most expensive real estate in the U.S.Shakopee is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Shakopee is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Shakopee who work in sales jobs (10.50%), business and financial occupations (8.43%), and management occupations (8.40%). Also of interest is that Shakopee has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Shakopee telecommute to their jobs. Overall, about 16.19% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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. The education level of Shakopee citizens is very high relative to the national average among all cities (21.84%): 38.43% of adults in Shakopee have a bachelor's degree or even advanced degree. The per capita income in Shakopee in 2022 was $43,594, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $174,376 for a family of four. However, Shakopee contains both very wealthy and poor people as well. Shakopee is an extremely ethnically-diverse city. The people who call Shakopee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shakopee residents report their race to be White, followed by Asian. Important ancestries of people in Shakopee include German, Norwegian, Irish, English, and Swedish. Foreign born people are also an important part of Shakopee's cultural character, accounting for 18.14% of the city’s population. The most common language spoken in Shakopee is English. Other important languages spoken here include Spanish and Vietnamese.
