Living in Shelbyville, Indiana
Cost of living, income, home prices, rent and demographics of Shelbyville · Census data 2020–2024
Shelbyville has 20,296 residents with a median age of 36.3. The median household income is $55,602 (23% lower than the Indiana median), the median home value is $174,700, the median rent is $995/month.
Shelbyville at a glance
- Population
- 20,296
- Median age
- 36.3State: 38.1
- Median household income
- $55,602State: $71,957
- Median home value
- $174,700State: $218,200
- Median rent
- $995/moState: $1,062
- Homeowners
- 55.2%
- Bachelor's degree or higher
- 19.4%
- Average commute
- 21 min
Is Shelbyville a good place to live?
Pros: Home values 20% lower than the state median; an average commute of 21 minutes; unemployment of 2%.
Cons: Median household income 23% lower than the Indiana median; a poverty rate of 21.5%.
The weather is best in May–June and August–September.
Cost of living in Shelbyville
Housing is the biggest part of the cost of living. In Shelbyville the median home value is $174,700, 47% lower than the U.S. median. Renters pay a median of $995 per month, which is 24.3% of household income. Homeowners with a mortgage pay $1,229 a month in housing costs.
Shelbyville median household income
The median household income in Shelbyville is $55,602 and the income per person is $31,275. 21.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Shelbyville: homes for sale and rent
- Housing units
- 9,496
- Owner-occupied
- 55.2%
- Renter-occupied
- 44.8%
- Vacant
- 8.2%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.26
Shelbyville demographics
- Population
- 20,296
- Median age
- 36.3
- Under 18
- 24%
- 65 and older
- 16.6%
- Households
- 8,718
- Foreign-born
- 6.2%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Shelbyville ›
Education in Shelbyville
19.4% of adults 25 and older in Shelbyville have a bachelor's degree or higher (Indiana: 29.5%), and 7.4% have a graduate or professional degree.
Jobs and commute in Shelbyville
- Unemployment rate
- 2%State: 4.3%
- Average commute
- 21 minState: 24 min
- Work from home
- 6.3%
- Drive alone
- 79.9%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 88.8%
Shelbyville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shelbyville | 20,296 | $55,602 | $174,700 | $995 |
| Marion | 276 | $71,563 | $275,800 | — |
| Fairland | 660 | $42,083 | $186,600 | $883 |
| Boggstown | 597 | $68,321 | $201,400 | — |
| Blue Ridge | 215 | $139,048 | — | — |
| Manilla | 328 | $51,765 | $102,500 | — |
| Waldron | 606 | $80,441 | $165,900 | — |
| Morristown | 1,134 | $53,250 | $162,000 | $902 |
| Gwynneville | 198 | $109,000 | $139,000 | — |
More for people moving to Shelbyville
Shelbyville ZIP code ›Weather and climate ›Living in Shelbyville: FAQ
What is the median household income in Shelbyville, IN?
The median household income in Shelbyville is $55,602, 23% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Shelbyville?
The median home value in Shelbyville is $174,700, compared with $218,200 in Indiana.
How much is rent in Shelbyville?
The median gross rent in Shelbyville is $995 per month, about 24.3% of household income.
Is Shelbyville, IN a good place to live?
Pluses: home values 20% lower than the state median; an average commute of 21 minutes; unemployment of 2%. Minuses: median household income 23% lower than the Indiana median; a poverty rate of 21.5%.
What is the median age in Shelbyville?
The median age in Shelbyville is 36.3 years (Indiana: 38.1).
How long is the commute in Shelbyville?
The average commute to work in Shelbyville is 21 minutes; 6.3% of workers work from home.
What is the unemployment rate in Shelbyville?
The unemployment rate in Shelbyville is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shelbyville?
19.4% of adults in Shelbyville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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