HomeMinnesotaScott CountyShakopee city
Shakopee city, Minnesota: commercial real estate data.
Shakopee city is a Census city of 46,012 people across 29.50 square miles of land, in Scott County. Median household income is $107,223, 74.8 percent of occupied homes are owned, and the SBA record carries 81 7(a) approvals to borrowers here worth $25.8 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Shakopee
What Shakopee is
- Census place typecity
- Land area29.5 sq mi
- Water area1.35 sq mi
- Population per square mile of land1,560
- County holding the largest share of its areaScott 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.
Shakopee
How many people live in Shakopee
- Population46,012
- Median age36.6
- Population under 1811,851
- Share under 1825.8 percent
- Population 65 and over4,768
- Share 65 and over10.4 percent
- Households16,655
- Family households11,686
- Share of households that are families70.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shakopee
Income and work in Shakopee
- Median household income$107,223
- Per capita income$47,444
- Civilian labor force27,068
- Employed26,060
- Unemployed1,008 plus or minus 287
- Unemployment rate3.7 percent plus or minus 1.1
- Adults 25 and over30,154
- Adults 25 and over with a high school diploma or higher91.4 percent
- Adults 25 and over with a bachelor degree or higher40.4 percent
- Adults 25 and over with a graduate degree11.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shakopee
Housing in Shakopee
- Housing units17,216
- Occupied units16,655
- Vacant units561 plus or minus 237
- Vacancy rate3.3 percent plus or minus 1.4
- Owner occupied12,452
- Renter occupied4,203
- Ownership rate74.8 percent
- Median owner-occupied home value$374,800
- Median gross rent, monthly$1,531
- Annual rent as a share of median income17.1 percent
- Single family units13,846
- Share single family80.4 percent
- Units in buildings of two or more3,232
- Share in buildings of two or more18.8 percent
- Mobile homes123 plus or minus 96
- Median year structure built1999
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shakopee
How Shakopee gets to work
- Workers 16 and over who commute21,014
- Commuting under 15 minutes6,228
- Share commuting under 15 minutes29.6 percent
- Commuting 30 minutes or more7,029
- Share commuting 30 minutes or more33.4 percent
- Drove alone71.0 percent
- Carpooled7.5 percent plus or minus 1.5
- Public transport0.3 percent plus or minus 0.2
- Walked0.3 percent plus or minus 0.3
- Worked from home18.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shakopee
SBA loans in Shakopee (7(a))
- Approvals81
- Gross approval$25,845,300
- Average approval$319,078
- Median approval$150,000
- Ninetieth percentile approval$810,000
- Largest approval$2,352,000
- Jobs supported669
- Jobs per approval8.3
- Loans with a final outcome21
- Paid in full19
- Charged off2
- Charge-off rate over resolved loans9.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more3.7 percent
- Share to franchises11.1 percent
- Distinct lenders29
- Distinct industries by NAICS47
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Shakopee
SBA loans in Shakopee (504)
- Approvals34
- Gross approval$25,754,000
- Average approval$757,471
- Median approval$613,000
- Largest approval$2,123,000
- Jobs supported405
- Loans with a final outcome10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Scott County, not Shakopee
Scott County context, not Shakopee figures
These are Scott County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Shakopee measurements.
- Establishments in Scott County3,655
- Employment at those establishments, Scott County60,419
- Covered employment, Scott County63,111
- Average annual pay, Scott County$62,133
- Average weekly wage, Scott County$1,195
- Housing units permitted, Scott County699
- Of those, single family, Scott County609
- County product, 2024, Scott County$10,952,036,000
- County product change over the prior year, Scott County8.2 percent
- Average income of an arriving household, Scott County$83,594
Every figure in this section is published for Scott County as a whole and is not a measurement of Shakopee. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Shakopee questions, answered from the record.
How many people live in Shakopee, Minnesota?
46,012, in 16,655 households. Shakopee city covers 29.50 square miles of land, which is 1,560 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shakopee in?
Scott 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 Shakopee?
$107,223. The median owner-occupied home is valued at $374,800. Median gross rent is $1,531 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shakopee businesses?
81 7(a) approvals totalling $25.8 m, across 29 lenders, median approval $150,000, plus 34 504 approvals worth $25.8 m. These count approvals to borrowers whose address is in Shakopee, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shakopee borrowers get paid back?
Of the 21 loans that have reached a final outcome, 19 were paid in full and 2 charged off, a charge off rate of 9.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Shakopee figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Scott 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 Shakopee.
Is zoning published for Shakopee?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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