Shelby, OH is an excellent place to live with plenty of amenities. It is home to many local businesses such as the Shelby City Hall, Shelby Pharmacy, and First Federal Bank. The cost of living in Shelby is quite reasonable compared to other places in the US. The median rent for a two-bedroom apartment is $800 per month and the grocery cost index is 95 compared to 100 nationally. This makes it easier for residents to budget their expenses and enjoy their life in Shelby.
Shelby has an unemployment rate of 5.0%. The US average is 6.0%.
Shelby has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Shelby
- The Sales Tax Rate for Shelby is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shelby
- The average income of a Shelby resident is $21,408 a year. The US average is $28,555 a year.
- The Median household income of a Shelby resident is $51,240 a year. The US average is $69,021 a year.