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Shelby, MI
Full City Profile · Michigan · Oceana County County
2.9
/5.0
C+
Fair
2,571
Population
1,568/sq mi density
$53,309
Median Income
$24,023 per capita
$124,000
Home Value
$232,411 Zillow
$682
Median Rent
25.1% income on rent
46°F
Avg Temperature
260 sunny days/yr
492
Violent Crime/100K
2,067 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$53,309 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$124,000 home value, $682/mo rent
F
Safety
1.0 / 5.0
492 violent crimes/100K (30% above avg)
C
Education
2.2 / 5.0
15.0% bachelor's degree or higher
Housing Overview
Median Home Value
$124,000
56% below
US avg: $281,900
Median Rent
$682/mo
41% below
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
876
Median year built: 1964
Home Value by Source
Census Median
$124,000
Zillow (ZHVI)
$232,411
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.5%
Owner-Occupied
30.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$682/mo
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
69.5%
Complete Housing Data
Home Values
| Census Median Value | $124,000 |
| Zillow Home Value (ZHVI) | $232,411 |
Rent
| Census Median Rent | $682 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 69.5% |
| Renter-Occupied | 30.5% |
| Homeownership Rate | 69.5% |
| Total Housing Units | 876 |
| Median Year Built | 1964 |
| Rent Burden | 25.1% |