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Shelby County

Learn about the people, housing, costs and businesses in Shelby County County

Median Home$211,725
Median Rent$991/month
Population45,265
Leading IndustriesRetail · Finance & Insurance23% retail
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults26% of residents
Homeowners72% of occupied units
Shelby County
IN

Frequently Asked Questions

What are today's mortgage rates in Shelby County?

As of today, the 30-year fixed mortgage rate for Shelby County is approximately 7.164% (7.196% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Shelby County?

The median home value in Shelby County is $212k. The median monthly rent is $991. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shelby County?

Home values in Shelby County have increased 13.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Shelby County?

Based on a typical all-in ownership cost of $1,022/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shelby County is $74k/year.

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What industries drive the economy in Shelby County?

The largest employment sectors in Shelby County are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas