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Shelby-Rising

Learn about the people, housing, costs and businesses in Shelby-Rising, Nebraska

Median Home$192,824
Median Rent$793/month
Population2,121
Leading IndustriesConstruction · Agriculture & Mining · Information & Media15% construction
Home Value Growth⬆⬆⬆+24.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
Shelby-Rising City
NE

Frequently Asked Questions

What are today's mortgage rates in Shelby-Rising?

As of today, the 30-year fixed mortgage rate for Shelby-Rising is approximately 7.033% (7.074% 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-Rising?

The median home value in Shelby-Rising is $193k. The median monthly rent is $793. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shelby-Rising?

Home values in Shelby-Rising have increased 24.9% 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-Rising?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shelby-Rising is $75k/year.

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What industries drive the economy in Shelby-Rising?

The largest employment sectors in Shelby-Rising are public administration (19%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.