Shakopee, Minnesota is a part of the Southwest Submarket submarket area, and contains zip code 55379.
The 2019 average effective rent for Class A, B, and C apartments in the Shakopee, MN submarket area was $1,310, which is 19.96% higher than 2014 average rent. This represents a compounded annual growth rate of 3.71%. 2019 vacancy in Shakopee, MN was 3.10%.
The total population of the city of Shakopee, MN has grown 11.56% since 2010. As of 2018, the population was 41,362. The median household income of the Shakopee was $83,565, which is 38.60% higher than the national average.