Shorewood is a medium-sized village located in the state of Illinois. With a population of 18,271 people and four associated neighborhoods, Shorewood is the 141st largest community in Illinois. Shorewood has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Shorewood, where the median household income is $119,904.00.
Shorewood real estate is some of the most expensive in Illinois, although Shorewood house values don't compare to the most expensive real estate in the U.S.
A relatively large number of people in Shorewood telecommute to their jobs. Overall, about 10.64% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Shorewood is a great place for families with children to consider. First of all, many other families with children live here, making Shorewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Shorewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Shorewood’s overall crime rate is lower than average for the country.
One downside of living in Shorewood, however, is that residents on average have to contend with a long commute, spending on average 30.86 minutes every day commuting to work.
The education level of Shorewood citizens is very high relative to the national average among all cities (21.84%): 38.95% of adults in Shorewood have a bachelor's degree or even advanced degree.
The per capita income in Shorewood in 2022 was $47,739, which is wealthy relative to Illinois and the nation. This equates to an annual income of $190,956 for a family of four.
Shorewood is a very ethnically-diverse village. The people who call Shorewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shorewood residents report their race to be White, followed by Black or African-American. Shorewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.72% of the village’s residents. Important ancestries of people in Shorewood include German, Irish, Polish, Italian, and English.
The most common language spoken in Shorewood is English. Other important languages spoken here include Spanish and Vietnamese.