The median household income in Shakopee, MN in 2022 was $99,568, which was 17.3% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $59,137 in 2000 this represents an increase of 40.6%. The per capita income in 2022 was $41,689, which means an increase of 39.7% compared to 2000 when it was $25,128.
Whole page based on the data from 2000 / 2022 when the population of Shakopee, Minnesota was 20,568 / 45,060
Income statistics for all residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$99,568
State:
$82,338
Change in median household income between 2000 and 2022:
Shakopee, Minnesota:
+68.4%
Minnesota:
+74.8%
Number of households with income < $10k:
Shakopee:
3.2% (511)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Shakopee:
4.1% (667)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Shakopee:
3.6% (573)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Shakopee:
5.9% (944)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Shakopee:
6.4% (1,036)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Shakopee:
7.9% (1,278)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Shakopee:
5.6% (897)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Shakopee:
13.3% (2,140)
Minnesota:
13.8% (319,951)
Number of households with income $100k - 125k:
Shakopee:
12.0% (1,924)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Shakopee:
10.0% (1,613)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Shakopee:
14.2% (2,293)
State:
10.2% (236,018)
Number of households with income > $200k:
Shakopee:
13.8% (2,222)
Minnesota:
11.6% (268,336)
Aggregate household income in Shakopee in 2022: $1,849,438,919
Median family income in Shakopee in 2022:
Shakopee:
$118,398
Minnesota:
$105,324
Number of families with income < $10k:
Shakopee:
1.1% (125)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Shakopee:
0.7% (74)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Shakopee:
3.5% (399)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Shakopee:
5.5% (623)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Shakopee:
4.9% (557)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Shakopee:
8.6% (972)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Shakopee:
3.1% (351)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Shakopee:
12.8% (1,451)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Shakopee:
13.2% (1,497)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Shakopee:
10.9% (1,233)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Shakopee:
18.0% (2,039)
Minnesota:
13.6% (197,479)
Number of families with income > $200k:
Shakopee:
17.6% (1,989)
State:
16.1% (233,828)
Median non-family income in Shakopee in 2022:
Shakopee:
$56,394
Minnesota:
$48,461
Change in median non-family income between 2000 and 2022:
Shakopee, Minnesota:
+59.5%
State:
+73.6%
Median per capita income in Shakopee in 2022:
Shakopee:
$41,690
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Shakopee, Minnesota:
+65.9%
State:
+94.1%
Income statistics for White residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$94,475
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Shakopee, Minnesota:
+58.6%
State:
+77.5%
Number of households with income < $10k:
Shakopee:
2.6% (302)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Shakopee:
5.3% (620)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Shakopee:
3.9% (455)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Shakopee:
5.5% (649)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Shakopee:
6.7% (788)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Shakopee:
7.9% (938)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Shakopee:
6.2% (732)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Shakopee:
14.9% (1,755)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Shakopee:
10.7% (1,267)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Shakopee:
9.8% (1,156)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Shakopee:
12.9% (1,527)
State:
10.6% (203,283)
Number of households with income > $200k:
Shakopee:
13.7% (1,616)
State:
12.2% (233,694)
Aggregate household income in Shakopee in 2022: $1,310,522,497
Median family income in Shakopee in 2022:
Shakopee:
$117,174
Minnesota:
$110,049
Number of families with income < $10k:
Shakopee:
1.0% (76)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Shakopee:
0.5% (39)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Shakopee:
4.3% (322)
Minnesota:
2.9% (34,913)
Number of families with income $30k - 40k:
Shakopee:
3.7% (277)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
Shakopee:
4.2% (319)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Shakopee:
8.6% (643)
Minnesota:
5.4% (64,644)
Number of families with income $60k - 75k:
Shakopee:
3.5% (265)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Shakopee:
14.7% (1,106)
Minnesota:
14.8% (177,106)
Number of families with income $100k - 125k:
Shakopee:
11.3% (851)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Shakopee:
11.8% (885)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Shakopee:
17.1% (1,287)
State:
14.3% (171,257)
Number of families with income > $200k:
Shakopee:
19.3% (1,449)
Minnesota:
17.1% (204,721)
Median non-family income in Shakopee in 2022:
Shakopee:
$60,357
State:
$49,920
Change in median non-family income between 2000 and 2022:
Shakopee, Minnesota:
+70.1%
State:
+76.0%
Median per capita income in Shakopee in 2022:
Shakopee:
$47,017
State:
$49,507
Change in median per capita income between 2000 and 2022:
Shakopee, Minnesota:
+80.2%
Minnesota:
+103.3%
Income statistics for Black or African American residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$78,149
State:
$51,320
Change in median household income between 2000 and 2022:
Shakopee, Minnesota:
+70.9%
Minnesota:
+77.4%
Number of households with income < $10k:
Shakopee:
11.6% (136)
State:
9.8% (13,122)
Number of households with income $10k - 20k:
Shakopee:
7.0% (82)
State:
12.0% (16,076)
Number of households with income $20k - 30k:
Shakopee:
3.9% (46)
Minnesota:
8.9% (11,986)
Number of households with income $30k - 40k:
Shakopee:
16.3% (191)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Shakopee:
9.2% (108)
State:
7.8% (10,426)
Number of households with income $50k - 60k:
Shakopee:
11.3% (132)
State:
8.4% (11,191)
Number of households with income $60k - 75k:
Shakopee:
4.6% (54)
Minnesota:
9.5% (12,717)
Number of households with income $75k - 100k:
Shakopee:
4.7% (55)
State:
11.0% (14,800)
Number of households with income $100k - 125k:
Shakopee:
14.9% (175)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
Shakopee:
3.2% (37)
Minnesota:
4.7% (6,321)
Number of households with income $150k - 200k:
Shakopee:
11.4% (134)
State:
6.1% (8,240)
Number of households with income > $200k:
Shakopee:
2.0% (23)
State:
4.4% (5,958)
Aggregate household income in Shakopee in 2022: $104,072,670
Median family income in Shakopee in 2022:
Shakopee:
$55,462
State:
$61,475
Number of families with income < $10k:
Shakopee:
9.0% (91)
State:
7.6% (6,143)
Number of families with income $10k - 20k:
Shakopee:
7.7% (78)
State:
7.0% (5,667)
Number of families with income $20k - 30k:
Shakopee:
2.4% (25)
State:
8.2% (6,632)
Number of families with income $30k - 40k:
Shakopee:
19.3% (196)
State:
9.4% (7,539)
Number of families with income $40k - 50k:
Shakopee:
7.9% (80)
Minnesota:
7.9% (6,354)
Number of families with income $50k - 60k:
Shakopee:
12.0% (122)
State:
8.7% (7,014)
Number of families with income $60k - 75k:
Shakopee:
3.9% (39)
State:
9.4% (7,570)
Number of families with income $75k - 100k:
Shakopee:
1.6% (17)
State:
12.0% (9,645)
Number of families with income $100k - 125k:
Shakopee:
18.9% (192)
Minnesota:
10.6% (8,487)
Number of families with income $125k - 150k:
Shakopee:
3.7% (37)
State:
6.3% (5,073)
Number of families with income $150k - 200k:
Shakopee:
11.2% (114)
State:
6.8% (5,454)
Number of families with income > $200k:
Shakopee:
2.2% (22)
Minnesota:
6.0% (4,815)
Median per capita income in Shakopee in 2022:
Shakopee:
$27,500
State:
$25,146
Income statistics for Asian residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$128,854
State:
$93,773
Change in median household income between 2000 and 2022:
Shakopee, Minnesota:
+74.7%
Minnesota:
+106.0%
Number of households with income < $10k:
Shakopee:
0.2% (3)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Shakopee:
0.3% (5)
State:
4.1% (3,821)
Number of households with income $20k - 30k:
Shakopee:
2.1% (39)
Minnesota:
3.8% (3,485)
Number of households with income $30k - 40k:
Shakopee:
3.2% (59)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Shakopee:
7.9% (146)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Shakopee:
0.0% (0)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Shakopee:
7.2% (132)
Minnesota:
9.3% (8,666)
Number of households with income $75k - 100k:
Shakopee:
20.3% (373)
State:
15.6% (14,466)
Number of households with income $100k - 125k:
Shakopee:
13.7% (252)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Shakopee:
8.9% (164)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Shakopee:
19.7% (363)
State:
12.6% (11,662)
Number of households with income > $200k:
Shakopee:
16.5% (304)
Minnesota:
14.2% (13,207)
Aggregate household income in Shakopee in 2022: $202,606,077
Median family income in Shakopee in 2022:
Shakopee:
$129,520
Minnesota:
$105,412
Number of families with income < $10k:
Shakopee:
0.2% (3)
Minnesota:
3.3% (2,246)
Number of families with income $20k - 30k:
Shakopee:
1.8% (31)
Minnesota:
3.2% (2,190)
Number of families with income $30k - 40k:
Shakopee:
6.9% (120)
State:
5.4% (3,668)
Number of families with income $40k - 50k:
Shakopee:
8.7% (151)
State:
4.8% (3,312)
Number of families with income $50k - 60k:
Shakopee:
0.7% (13)
State:
5.0% (3,388)
Number of families with income $60k - 75k:
Shakopee:
5.1% (89)
Minnesota:
8.6% (5,887)
Number of families with income $75k - 100k:
Shakopee:
16.4% (285)
State:
13.9% (9,500)
Number of families with income $100k - 125k:
Shakopee:
14.7% (255)
Minnesota:
11.4% (7,777)
Number of families with income $125k - 150k:
Shakopee:
7.3% (127)
State:
9.8% (6,734)
Number of families with income $150k - 200k:
Shakopee:
22.0% (383)
State:
14.4% (9,877)
Number of families with income > $200k:
Shakopee:
16.3% (284)
State:
17.1% (11,714)
Median non-family income in Shakopee in 2022:
Shakopee:
$79,670
State:
$58,400
Median per capita income in Shakopee in 2022:
Shakopee:
$38,212
State:
$39,496
Change in median per capita income between 2000 and 2022:
Shakopee, Minnesota:
+119.8%
State:
+156.7%
Income statistics for Hispanic or Latino residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$121,006
Minnesota:
$63,399
Number of households with income < $10k:
Shakopee:
0.8% (9)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Shakopee:
0.0% (0)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Shakopee:
13.1% (143)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
Shakopee:
7.2% (78)
Minnesota:
10.1% (9,710)
Number of households with income $40k - 50k:
Shakopee:
4.3% (47)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Shakopee:
13.5% (147)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Shakopee:
0.7% (8)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Shakopee:
21.7% (236)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Shakopee:
4.4% (48)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Shakopee:
3.3% (36)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Shakopee:
0.6% (6)
State:
6.5% (6,257)
Number of households with income > $200k:
Shakopee:
30.4% (331)
Minnesota:
7.3% (7,057)
Aggregate household income in Shakopee in 2022: $145,961,778
Median family income in Shakopee in 2022:
Shakopee:
$141,341
State:
$67,562
Number of families with income $20k - 30k:
Shakopee:
5.5% (47)
Minnesota:
8.4% (5,627)
Number of families with income $30k - 40k:
Shakopee:
8.8% (75)
State:
8.3% (5,564)
Number of families with income $40k - 50k:
Shakopee:
5.9% (51)
State:
8.7% (5,826)
Number of families with income $50k - 60k:
Shakopee:
10.2% (88)
State:
9.2% (6,189)
Number of families with income $60k - 75k:
Shakopee:
0.8% (6)
State:
9.5% (6,388)
Number of families with income $75k - 100k:
Shakopee:
24.1% (207)
Minnesota:
16.7% (11,230)
Number of families with income $100k - 125k:
Shakopee:
3.5% (30)
State:
7.4% (4,975)
Number of families with income $125k - 150k:
Shakopee:
4.3% (37)
State:
5.3% (3,580)
Number of families with income $150k - 200k:
Shakopee:
0.7% (6)
Minnesota:
8.6% (5,795)
Number of families with income > $200k:
Shakopee:
36.3% (312)
State:
7.9% (5,338)
Median non-family income in Shakopee in 2022:
Shakopee:
$43,895
Minnesota:
$41,691
Change in median non-family income between 2000 and 2022:
Shakopee, Minnesota:
+4.2%
Minnesota:
+60.4%
Median per capita income in Shakopee in 2022:
Shakopee:
$37,549
Minnesota:
$27,748
Income statistics for American Indian and Alaska Native residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$249,659
Minnesota:
$45,227
Number of households with income < $10k:
Shakopee:
5.7% (6)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Shakopee:
0.0% (0)
Minnesota:
16.6% (2,922)
Number of households with income $20k - 30k:
Shakopee:
0.0% (0)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Shakopee:
0.0% (0)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Shakopee:
0.0% (0)
State:
8.8% (1,557)
Number of households with income $50k - 60k:
Shakopee:
0.0% (0)
Minnesota:
5.9% (1,033)
Number of households with income $60k - 75k:
Shakopee:
0.9% (1)
Minnesota:
7.3% (1,284)
Number of households with income $75k - 100k:
Shakopee:
31.1% (33)
Minnesota:
12.3% (2,163)
Number of households with income $100k - 125k:
Shakopee:
4.7% (5)
State:
8.9% (1,571)
Number of households with income $125k - 150k:
Shakopee:
0.0% (0)
State:
4.5% (796)
Number of households with income $150k - 200k:
Shakopee:
3.8% (4)
State:
3.0% (526)
Number of households with income > $200k:
Shakopee:
53.8% (57)
Minnesota:
3.6% (632)
Aggregate household income in Shakopee in 2022: $32,464,692
Median non-family income in Shakopee in 2022:
Shakopee:
$244,445
State:
$28,157
Median per capita income in Shakopee in 2022:
Shakopee:
$53,132
Minnesota:
$24,180
Income statistics for Multirace residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$158,015
State:
$74,586
Change in median household income between 2000 and 2022:
Shakopee, Minnesota:
+108.1%
Minnesota:
+117.9%
Number of households with income < $10k:
Shakopee:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Shakopee:
1.7% (17)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
Shakopee:
0.6% (6)
State:
8.0% (8,495)
Number of households with income $30k - 40k:
Shakopee:
2.3% (23)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Shakopee:
5.0% (50)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Shakopee:
4.4% (44)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Shakopee:
4.3% (43)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Shakopee:
2.9% (29)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
Shakopee:
35.1% (353)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Shakopee:
6.7% (67)
State:
7.3% (7,720)
Number of households with income $150k - 200k:
Shakopee:
18.5% (186)
State:
8.2% (8,751)
Number of households with income > $200k:
Shakopee:
18.8% (189)
State:
10.5% (11,170)
Aggregate household income in Shakopee in 2022: $125,466,964
Median family income in Shakopee in 2022:
Shakopee:
$151,470
State:
$91,504
Number of families with income $30k - 40k:
Shakopee:
6.6% (58)
State:
7.5% (4,853)
Number of families with income $40k - 50k:
Shakopee:
2.6% (23)
State:
5.9% (3,846)
Number of families with income $50k - 60k:
Shakopee:
3.1% (27)
Minnesota:
6.0% (3,860)
Number of families with income $60k - 75k:
Shakopee:
3.1% (27)
State:
7.0% (4,538)
Number of families with income $75k - 100k:
Shakopee:
0.6% (5)
Minnesota:
15.0% (9,721)
Number of families with income $100k - 125k:
Shakopee:
40.6% (362)
State:
11.5% (7,416)
Number of families with income $125k - 150k:
Shakopee:
1.8% (16)
Minnesota:
8.4% (5,428)
Number of families with income $150k - 200k:
Shakopee:
21.4% (191)
State:
11.1% (7,156)
Number of families with income > $200k:
Shakopee:
20.3% (181)
State:
14.0% (9,072)
Median per capita income in Shakopee in 2022:
Shakopee:
$20,806
Minnesota:
$28,529
Change in median per capita income between 2000 and 2022:
Shakopee, Minnesota:
+11.0%
State:
+155.0%
Income statistics for other residents
Median household income in Shakopee, MN in 2022:
Shakopee:
$150,851
Minnesota:
$65,473
Number of households with income < $10k:
Shakopee:
0.0% (0)
Minnesota:
5.5% (2,716)
Number of households with income $10k - 20k:
Shakopee:
0.0% (0)
Minnesota:
6.3% (3,106)
Number of households with income $20k - 30k:
Shakopee:
16.5% (107)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Shakopee:
0.0% (0)
State:
9.2% (4,529)
Number of households with income $40k - 50k:
Shakopee:
0.0% (0)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
Shakopee:
3.7% (24)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Shakopee:
1.5% (10)
State:
10.8% (5,300)
Number of households with income $75k - 100k:
Shakopee:
26.4% (171)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Shakopee:
6.5% (42)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Shakopee:
4.6% (30)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
Shakopee:
2.8% (18)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Shakopee:
38.0% (246)
Minnesota:
7.3% (3,596)
Aggregate household income in Shakopee in 2022: $111,417,262
Median family income in Shakopee in 2022:
Shakopee:
$190,650
Minnesota:
$74,121
Number of families with income $20k - 30k:
Shakopee:
4.0% (24)
State:
4.6% (1,695)
Number of families with income $30k - 40k:
Shakopee:
1.9% (11)
State:
5.6% (2,064)
Number of families with income $50k - 60k:
Shakopee:
4.6% (28)
State:
9.1% (3,326)
Number of families with income $60k - 75k:
Shakopee:
1.3% (8)
State:
8.3% (3,047)
Number of families with income $75k - 100k:
Shakopee:
34.8% (211)
State:
19.3% (7,050)
Number of families with income $100k - 125k:
Shakopee:
3.2% (19)
State:
8.8% (3,224)
Number of families with income $125k - 150k:
Shakopee:
5.1% (31)
State:
4.7% (1,728)
Number of families with income $150k - 200k:
Shakopee:
3.3% (20)
State:
9.0% (3,305)
Number of families with income > $200k:
Shakopee:
41.7% (253)
Minnesota:
7.7% (2,829)
Median per capita income in Shakopee in 2022:
Shakopee:
$55,447
Minnesota:
$28,385
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