Shoreview, MN is a vibrant and exciting city located in the Twin Cities metropolitan area. Its close proximity to Minneapolis makes it a great choice for people who want to live near urban amenities, while still enjoying the suburban atmosphere of Shoreview. The average two bedroom rent in this city is $1,550, compared to the US average of $1,430. This affordable housing option makes it attractive for families and young professionals who are looking for a place to call home. Grocery cost index in Shoreview is 102 versus 100 in the US making it slightly more expensive than other cities.
Shoreview offers plenty of entertainment options with many local companies such as HealthPartners, Widseth Smith Nolting & Associates Inc., Gopher Resource Corporation and North Hennepin Community College. There are also plenty of recreational activities available such as fishing at Rice Creek Regional Trail Park or visiting the lakefront at Snail Lake Regional Park. People looking for culture can head over to Northtown Shopping Center or explore the vast selection of restaurants and shops in Rosedale Shopping Center. Whether you’re looking for entertainment or culture, Shoreview has something for everyone!
Shoreview has an unemployment rate of 3.2%. The US average is 6.0%.
Shoreview has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Shoreview
- The Sales Tax Rate for Shoreview is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Shoreview is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shoreview
- The average income of a Shoreview resident is $44,033 a year. The US average is $28,555 a year.
- The Median household income of a Shoreview resident is $101,733 a year. The US average is $69,021 a year.