Photo by Alberto Restifo on Unsplash (https://unsplash.com/@albertorestifo)
Shorewood, Illinois Retirement Guide
established retirement community
68
Retirement Score
Shorewood, Illinois at a Glance
- Median Home Price
- $304,000
- State Income Tax
- State income tax; Social Security and retirement income (pensions, 401k, IRA) fully exempt.
- Avg January Low
- 18.5°F
- Cost of Living Index
- 101.2 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 68 / 100
Retirement Data
Affordability
Cost of Living Index
101.2 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$304,000High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$1,970High confidence
U.S. Census ACS 5-Year · Updated June 2026
Taxes
Retirement Tax Score
60 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security and retirement income (pensions, 401k, IRA) fully exempt.High confidence
Tax Foundation · Updated June 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
100 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
44.5 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Healthcare
Healthcare Access Score
100 / 100High confidence
CMS Hospital General Information + RetireCityIQ nearest-hospital radius model · Updated June 2026
Climate
Avg July High
83.5°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Avg January Low
18.5°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Annual Precipitation
44.1"High confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Sunny Days / Year
270 daysHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated June 2026
Safety
Safety Score
92.3 / 100High confidence
FBI Crime Data Explorer · Updated June 2026
Walkability
Walk Score (proxy)
15.4 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
4.4 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Demographics
Population
18,109High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
42.6High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
21.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$119,904High confidence
U.S. Census ACS 5-Year · Updated June 2026
Community Profile
Owner-Occupied Housing
95.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
9.3%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
39.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
3.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Diversity
White
81.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
4.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
11.7%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
4.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Shorewood using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$659
Stress-case monthly carrying cost
$740
Median home price used: $304,000
Median rent reference: $1,970 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.