Cost of Living in Shoreview, MN
Population: 26,724 • 2026 Data
$109,399
Median Household Income
+41% vs national
$1,502
Median Monthly Rent
+11% vs national
$365,100
Median Home Value
+8% vs national
3.7%
Unemployment Rate
Housing in Shoreview
The median home value in Shoreview, MN is $365,100. Monthly rent for a typical unit averages $1,502, while total monthly housing costs (including utilities and insurance) average $1,455.
Rent-to-income ratio: 16.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Shoreview, MN is $109,399. The unemployment rate stands at 3.7%, with a labor force of 13,692 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.