2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE DEMOGRAPHIC AND ECONOMIC STATISTICS Last Ten Calendar Years

Table 13

Fiscal

School

Unemployment

Total

Per Capita

Personal Income (5)

Rate (3)

Employment (3) Income (4)

Year Population (1) Enrollment (2)

2014

39,144

8,698

3.6% 21,439

$ 32,174

$ 1,259,419,056

2015

39,523

8,939

3.0% 21,877

31,965

1,263,352,695

2016

40,254

8,927

3.2% 21,571

32,704

1,316,466,816

2017

41,143

9,036

2.6% 27,156

32,662

1,343,812,666

2018

41,519

8,636

2.4% 25,930

33,300

1,382,582,700

2019

42,595

8,807

2.8% 27,427

33,631

1,432,512,445

2020

43,698

8,665

6.1% 22,051

35,607

1,555,954,686

2021

45,593

8,572

2.3% 22,417

37,857

1,726,014,201

2022

45,961

8,573

2.2% 23,773

40,748

1,872,818,828

2023

46,571*

8,286

2.3% 23,510

41,261

1,921,566,031

1. Met Council estimates and 2020 is the official census number. 2. Shakopee School District, SACS, Bloomington Lutheran 3. Minnesota Department of Employment and Economic Development Local Area Statistics 4. Census estimates 5. Per capita income times population

Source:

* 2023 estimated population is not yet available.

170