Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Shakopee, MN Population, Income & Demographics 2026

CSAMinneapolis-St. Paul MSAMinneapolis-St. Paul-Bloomington#18/210 Population

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

46,012

Median Agei

36.6

Race & Ethnicityi

White

63.1%29,027

Asian

12.2%5,610

Black

10.1%4,657

Hispanic/Latino

8.5%3,906

Two or More

5.2%2,379

American Indian/Alaska Native

0.8%386

Other

0.1%38

Native Hawaiian/Pacific Islander

0%9

Educational Attainment (Age 25+)i

GED/Alternative

3%902

High School Diploma

20%6,025

Some College (<1 yr)

6.3%1,890

Some College (1+ yr)

10.5%3,158

Associate's Degree

11.4%3,428

Bachelor's Degree

28.5%8,593

Master's Degree

8.4%2,529

Professional Degree

2.4%736

Doctorate

1%313

HS or Higher

91.4%

BA or Higher

40.4%

Graduate+

11.9%

Housingi

Median Home Valuei

$374,800

Median Renti

$1,531

Tenure

Owner-Occupied

74.8%12,452

Renter-Occupied

25.2%4,203

Total Units

17,216

Homeownership

74.8%

Vacancy Rate

3.3%

Economyi

Median Household Incomei

$107,223

Mean Household Incomei

$131,528

Per Capita Incomei

$47,444

Poverty Ratei

5.8%

Unemploymenti

3.7%

Labor Forcei

27,109

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

395

Residentsi

1,150

Avg. Tenant Renti

$559/mo

Avg. Waitlisti

23 months

Programs in this community

Housing Choice Vouchers190 homes87% occupied$697/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 8184 homes90% occupied$438/mo rent

Privately owned apartments with rent subsidies tied to the building

811/PRAC21 homes96% occupied$367/mo rent

Household Incomei

Based on area median of $107,223/yr

Extremely low incomeUnder $32K/yr

80.7%

Very low income$32K–$54K/yr

16.4%

Low income$54K–$86K/yr

2.9%

Who Receives This Housing

80.4% of subsidized households are headed by a single mother

50.5% of subsidized households are minority

18.8% of subsidized households include someone with a disability

47.3% of subsidized households include a senior (62+)

Social Characteristicsi

Veteransi

1,519(4.5% of civilian adults)