Shelby, IN
Population 259 · Indiana
About Shelby, IN
Shelby is a small community in Indiana with a population of 259 residents. The median household income is $54,500 per year, which is near the national average. The median age in Shelby is 65.6 years.
Housing in Shelby has a median home value of $128,100 and median monthly rent of $0. Of the 144 total housing units, the majority are owner-occupied, with 127 owner-occupied and 17 renter-occupied units.
The unemployment rate in Shelby is 0.0% and the poverty rate is 14.7%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Shelby, IN
Compared to national averages, Shelby has a median household income of $54,500 (27% below the national median of $75,149). Home values average $128,100, which is 48% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Shelby's income is 21% below the state average of $69,330, and home values are 22% below the state median of $163,409.
Why Live in Shelby, IN?
Shelby offers affordable housing with a median home value of $128,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($54,500) that falls below the national average. However, Shelby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shelby has a population of 259 with a median age of 65.6 years. Compare Shelby with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Shelby
Cities in Indiana with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Shelby With Other Cities
Frequently Asked Questions about Shelby
What is the population of Shelby, IN?
The population of Shelby, IN is 259 according to the latest Census data.
What is the median household income in Shelby?
The median household income in Shelby, IN is $54,500 per year.
What is the median home value in Shelby?
The median home value in Shelby, IN is $128,100.
What is the average rent in Shelby?
The median monthly rent in Shelby, IN is $0.
What is the unemployment rate in Shelby?
The unemployment rate in Shelby, IN is 0.0%.