Shelbyville, MO
Population 583 · Missouri
About Shelbyville, MO
Shelbyville is a small community located in Missouri with a population of 583 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,875 per year, which is 38% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Shelbyville features a median home value of $75,600, which is 69% below the national median of $244,900. This makes Shelbyville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $450, 61% below the national average of $1,163/month. Of the 286 total housing units, 75% are owner-occupied (174 units) and 25% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shelbyville shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.9%, above the national average of 12.4%. Workers in Shelbyville have an average one-way commute time of 27.3 minutes.
Education & Demographics
17.8% of Shelbyville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 0.0% of the population being foreign-born.
How Shelbyville Ranks in Missouri
Cost of Living in Shelbyville, MO
Compared to national averages, Shelbyville has a median household income of $46,875 (38% below the national median of $75,149). Home values average $75,600, which is 69% below the national median. Monthly rent at $450 is 61% below the US average of $1,163. Within Missouri, Shelbyville's income is 23% below the state average of $61,047, and home values are 50% below the state median of $150,786.
Why Live in Shelbyville, MO?
Shelbyville offers affordable housing with a median home value of $75,600, below the US average of $244,900, and rent that’s lower than the national average at $450/month, and a strong job market with an unemployment rate of just 2.2%.
Potential considerations include median household income ($46,875) that falls below the national average. However, Shelbyville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shelbyville has a population of 583 with a median age of 40.8 years. Compare Shelbyville with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Shelbyville
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Martinsburg | 582 | $31,735 | $0 | Compare |
| Ellsinore | 581 | $48,693 | $153,600 | Compare |
| Doolittle | 579 | $44,500 | $105,200 | Compare |
| Lowry City | 587 | $42,159 | $84,300 | Compare |
| Bull Creek | 577 | $32,500 | $225,000 | Compare |
| Morrisville | 577 | $51,528 | $123,900 | Compare |
| Morley | 575 | $44,583 | $59,800 | Compare |
| Raymondville | 591 | $37,500 | $96,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Shelbyville With Other Cities
Frequently Asked Questions about Shelbyville
What is the population of Shelbyville, MO?
The population of Shelbyville, MO is 583 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Shelbyville?
The median household income in Shelbyville, MO is $46,875 per year, which is 38% below the national median of $75,149.
What is the median home value in Shelbyville?
The median home value in Shelbyville, MO is $75,600, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shelbyville?
The median monthly rent in Shelbyville, MO is $450, which is 61% below the national average of $1,163/month.
What is the unemployment rate in Shelbyville?
The unemployment rate in Shelbyville, MO is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Shelbyville, MO a good place to live?
Shelbyville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 583 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Shelbyville, MO?
17.8% of residents in Shelbyville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Shelbyville?
Key cost-of-living indicators for Shelbyville, MO: median home value is $75,600 (69% below national), median rent is $450/month, and median household income is $46,875. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shelbyville?
The poverty rate in Shelbyville, MO is 16.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Shelbyville, MO?
Shelbyville's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 1.5% two or more races. 0.0% of residents are foreign-born.