Shorewood Hills, WI Profile: Facts & Data

The Village of Shorewood Hills had a population of 2,203 as of July 1, 2022. Shorewood Hills ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The primary coordinate point for Shorewood Hills is located at latitude 43.0775 and longitude -89.4457 in Dane County. The formal boundaries for the Village of Shorewood Hills encompass a land area of 0.81 sq. miles and a water area of 0 sq. miles. Dane County is in the Central time zone (GMT -6). The elevation is 886 feet.

The Village of Shorewood Hills has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Shorewood Hills, WI Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	2,203 (100%)
Population in Households	2,203 (100.0%)
Population in Families	1,933 (87.7%)
Population in Group Quarters¹	0
Population Density	2,768
Diversity Index²	47


INCOME
Median Household Income	$142,425
Average Household Income	$228,972
% of Income for Mortgage⁴	24%
Per Capita Income	$97,416
Wealth Index⁵	295

HOUSING
Total HU (Housing Units)	990 (100%)
Owner Occupied HU	631 (63.7%)
Renter Occupied HU	308 (31.1%)
Vacant Housing Units	52 ( 5.3%)
Median Home Value	$660,274
Average Home Value	$711,349
Housing Affordability Index³	97

HOUSEHOLDS
Total Households	938
Average Household Size	2.35
Family Households	703
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Shorewood Hills, WI - Peer Comparisons by Rank and Percentile

The table below compares Shorewood Hills to the other 806 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.69%	0.43%
Households	0.91%	0.53%
Families		0.45%
Median Household Income		0.45%
Per Capita Income		0.46%
Owner Occupied HU		1.02%

Variable Description	Rank	Percentile
Total Population	# 260	68th
Population Density	# 25	97th
Median Household Income	# 5	100th
Housing Affordability Index	# 72	9th
Per Capita Income	# 3	100th
Diversity Index	# 70	91st

Shorewood Hills, WI Profile: Facts & Data

Shorewood Hills, Wisconsin - Basic Facts

Shorewood Hills, WI Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Shorewood Hills, WI - Peer Comparisons by Rank and Percentile

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Dane County