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Shelby, IN
Full City Profile · Indiana · Jasper County County
3.6
/5.0
B+
Good
259
Population
201/sq mi density
$54,500
Median Income
$31,639 per capita
$128,100
Home Value
$179,148 Zillow
50°F
Avg Temperature
275 sunny days/yr
468
Violent Crime/100K
872 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$54,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$128,100 home value, /mo rent
F
Safety
1.0 / 5.0
468 violent crimes/100K (23% above avg)
A
Education
4.4 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$128,100
55% below
US avg: $281,900
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
160
Median year built: 1952
Home Value by Source
Census Median
$128,100
Zillow (ZHVI)
$179,148
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.2%
Owner-Occupied
11.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,118/mo
1 Bedroom
$1,267/mo
2 Bedroom
$1,473/mo
3 Bedroom
$1,907/mo
4 Bedroom
$2,338/mo
Affordability & Housing Stock
Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
88.2%
Complete Housing Data
Home Values
| Census Median Value | $128,100 |
| Zillow Home Value (ZHVI) | $179,148 |
Rent
| FMR Studio | $1,118 |
| FMR 1-Bedroom | $1,267 |
| FMR 2-Bedroom | $1,473 |
| FMR 3-Bedroom | $1,907 |
| FMR 4-Bedroom | $2,338 |
Market
Ownership & Stock
| Owner-Occupied | 88.2% |
| Renter-Occupied | 11.8% |
| Homeownership Rate | 88.2% |
| Total Housing Units | 160 |
| Median Year Built | 1952 |
| Rent Burden | 25.6% |