Shakopee is a city in Minnesota state in USA with a population of 41423 residents.. The poverty rate of Shakopee is 6%, which is 57% lower than national average. The typical household in Shakopee earns $90642 a year, compared to the national median of $67,500. Nearly 24.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Shakopee, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Shakopee remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Shakopee, only 37% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Shakopee is 108, which is 8% higher than national average. Median home value in Shakopee is $280500 , which is 22% higher than national average. While median income in Shakopee remained $90642, which is 34% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.