Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Shorewood

Learn about the people, housing, costs and businesses in Shorewood, Wisconsin

Median Home$435,400
Median Rent$1,346/month
Population13,627
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare32% public administration
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults29% of residentsslightly above average
Renters54% of occupied units
NotableHighly Educated33% bachelor's · 24% graduate · top 5% nationally
NotableAmenity Score68/100 · highly walkable area
Shorewood
WI

Frequently Asked Questions

What are today's mortgage rates in Shorewood?

As of today, the 30-year fixed mortgage rate for Shorewood is approximately 6.867% (6.902% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Shorewood
What is the median home price in Shorewood?

The median home value in Shorewood is $435k. The median monthly rent is $1,346. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shorewood?

Home values in Shorewood have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Shorewood?

Based on a typical all-in ownership cost of $1,699/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shorewood is $93k/year.

Calculate your buying power
What industries drive the economy in Shorewood?

The largest employment sectors in Shorewood are public administration (32%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.