HomeIllinoisWill CountyShorewood
Shorewood, Illinois: commercial real estate data.
Shorewood is a Census village of 18,343 people across 8.08 square miles of land, in Will County. Median household income is $122,105, 96.8 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $13.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Shorewood
What Shorewood is
- Census place typevillage
- Land area8.08 sq mi
- Water area0.11 sq mi
- Population per square mile of land2,269
- County holding the largest share of its areaWill County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shorewood
How many people live in Shorewood
- Population18,343
- Median age44.2
- Population under 183,789
- Share under 1820.7 percent
- Population 65 and over4,107
- Share 65 and over22.4 percent
- Households6,852
- Family households5,068
- Share of households that are families74.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shorewood
Income and work in Shorewood
- Median household income$122,105
- Per capita income$50,261
- Civilian labor force9,290
- Employed8,679
- Unemployed611 plus or minus 396
- Unemployment rate6.6 percent plus or minus 4.2
- Adults 25 and over13,240
- Adults 25 and over with a high school diploma or higher96.5 percent
- Adults 25 and over with a bachelor degree or higher41.1 percent
- Adults 25 and over with a graduate degree16.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shorewood
Housing in Shorewood
- Housing units7,172
- Occupied units6,852
- Vacant units320 plus or minus 165
- Vacancy rate4.5 percent plus or minus 2.3
- Owner occupied6,632
- Renter occupied220 plus or minus 93
- Ownership rate96.8 percent
- Median owner-occupied home value$337,800
- Median gross rent, monthly$1,479 plus or minus $398
- Annual rent as a share of median income14.5 percent plus or minus 4.3
- Single family units6,854
- Share single family95.6 percent
- Units in buildings of two or more234 plus or minus 118
- Share in buildings of two or more3.3 percent plus or minus 1.6
- Mobile homes84 plus or minus 43
- Median year structure built2002
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shorewood
How Shorewood gets to work
- Workers 16 and over who commute7,537
- Commuting under 15 minutes1,038 plus or minus 254
- Share commuting under 15 minutes13.8 percent plus or minus 3.1
- Commuting 30 minutes or more3,607
- Share commuting 30 minutes or more47.9 percent
- Drove alone82.8 percent
- Carpooled3.5 percent plus or minus 1.7
- Public transport0.9 percent plus or minus 0.8
- Walked0.6 percent plus or minus 0.5
- Worked from home11.8 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shorewood
SBA loans in Shorewood (7(a))
- Approvals23
- Gross approval$12,996,700
- Average approval$565,074
- Median approval$100,000
- Ninetieth percentile approval$1,558,800
- Largest approval$5,000,000
- Jobs supported222
- Jobs per approval9.7
- Loans with a final outcome3
- Paid in full2
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more21.7 percent
- Share to franchises34.8 percent
- Distinct lenders16
- Distinct industries by NAICS16
Counted by borrower city: approvals to borrowers whose address is in Shorewood, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Shorewood
SBA loans in Shorewood (504)
- Approvals8
- Gross approval$3,872,000
- Average approval$484,000
- Median approval$299,000
- Largest approval$1,683,000
- Jobs supported56
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Shorewood, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Shorewood
Flood risk in Shorewood
- NFIP communityVillage of Shorewood
- NFIP community number170712
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/15/19
The Village of Shorewood participates in the National Flood Insurance Program as community 170712 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Will County, not Shorewood
Will County context, not Shorewood figures
- Establishments in Will County17,085
- Covered employment, Will County263,673
- Average annual pay, Will County$60,570
- Housing units permitted, Will County2,002
Every figure in this section is published for Will County as a whole and is not a measurement of Shorewood.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Shorewood questions, answered from the record.
How many people live in Shorewood, Illinois?
18,343, in 6,852 households. Shorewood village covers 8.08 square miles of land, which is 2,269 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shorewood in?
Will County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Shorewood?
$122,105. The median owner-occupied home is valued at $337,800. Median gross rent is $1,479 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shorewood businesses?
23 7(a) approvals totaling $13.0 m since FY2020, across 16 lenders, median approval $100,000, plus 8 504 approvals worth $3.9 m since FY2010. These count approvals to borrowers whose address is in Shorewood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shorewood borrowers get paid back?
No rate is published for Shorewood. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Shorewood in the National Flood Insurance Program?
Yes. Shorewood appears in the FEMA Community Status Book as Shorewood, village of, community 170712, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Shorewood figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Will County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Shorewood.
Is zoning published for Shorewood?
No. Nothing on this page presents parcel level zoning.