Shelby County, IN
Comprehensive housing, income, and cost of living data for Shelby County, Indiana. Population: 44.9K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Shelby County, IN?
The median home price in Shelby County, Indiana is $244.3K. The price-to-income ratio is 3.4x, meaning the median home costs 3.4 times the median household income.
What salary do you need to buy a home in Shelby County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $62.1K per year to buy the median home in Shelby County, IN. Monthly housing costs break down to $1,236 for mortgage, $111 for property tax, and $102 for insurance.
What is the property tax rate in Shelby County?
The effective property tax rate in Shelby County is 0.54%, which comes to approximately $1,327 per year on the median home.
What is the median household income in Shelby County?
The median household income in Shelby County, Indiana is $71.3K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.6%%.
Is Shelby County a good place to live?
Shelby County, Indiana has a population of 44.9K. Housing affordability is strong with a price-to-income ratio of 3.4x. The climate averages 53 degrees F with 176 sunny days per year. Compare Shelby County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.