Shelby, NE
Population 709 · Nebraska
About Shelby, NE
Shelby is a small community in Nebraska with a population of 709 residents. The median household income is $75,795 per year, which is above the national average. The median age in Shelby is 43.6 years.
Housing in Shelby has a median home value of $112,200 and median monthly rent of $521. Of the 272 total housing units, the majority are owner-occupied, with 222 owner-occupied and 31 renter-occupied units.
The unemployment rate in Shelby is 3.5% and the poverty rate is 6.2%. 16.2% of residents hold a bachelor's degree or higher. The average commute time is 33.9 minutes.
How Shelby Ranks in Nebraska
Cost of Living in Shelby, NE
Compared to national averages, Shelby has a median household income of $75,795 (1% above the national median of $75,149). Home values average $112,200, which is 54% below the national median. Monthly rent at $521 is 55% below the US average of $1,163. Within Nebraska, Shelby's income is 15% above the state average of $65,895, and home values are 11% below the state median of $125,824.
Why Live in Shelby, NE?
Shelby offers a strong local economy with a median household income of $75,795, well above the national average, and affordable housing with a median home value of $112,200, below the US average of $244,900, and rent that’s lower than the national average at $521/month. Additionally, the city features a strong job market with an unemployment rate of just 3.5%, and a low poverty rate of 6.2%, better than the national average.
Shelby has a population of 709 with a median age of 43.6 years. Compare Shelby with other cities to see how it stacks up, or explore all cities in Nebraska.
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Shelby
What is the population of Shelby, NE?
The population of Shelby, NE is 709 according to the latest Census data.
What is the median household income in Shelby?
The median household income in Shelby, NE is $75,795 per year.
What is the median home value in Shelby?
The median home value in Shelby, NE is $112,200.
What is the average rent in Shelby?
The median monthly rent in Shelby, NE is $521.
What is the unemployment rate in Shelby?
The unemployment rate in Shelby, NE is 3.5%.