Shorewood city, MN
ZIP 55331 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Wealthy AreaLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Shorewood city, MN (55331)
Median Income
$160,029
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,369
Wealth inflow
Population
19,291
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 1,369 for ZIP 55331 (Shorewood city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 55331 (2020–Present)
Since 2020, population declined 2.1%, median income fell 3.3% (inflation-adjusted), home values increased 1.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $160,029 |
| Unemployment | 3.3% |
| Establishments | 674 |
| Employees | 4,723 |