Shelly, MN Economy


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United States / Minnesota / No Metro Area / Norman County / Shelly / Zip Codes
Shelly, MN is a small town located in the Midwest region of the United States. It offers an affordable cost of living with 2 bedroom rent at $750 compared to the US average of $1,430 and a grocery cost index of 92 versus 100 in the US. The town has a close-knit community with plenty of local businesses, amenities, and attractions for residents to explore. Popular local companies include Shelly Hardware & Home Repair, Shelly Pizza House, and Shelly Auto Supply. There are numerous recreational activities such as fishing, camping, biking trails, and golf courses for visitors to enjoy. Additionally, there are plenty of nearby attractions such as the Shelly Municipal Park or the historic Fort Miller Museum.

Shelly has an unemployment rate of 5.7%. The US average is 6.0%.

Shelly has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Shelly
- The Sales Tax Rate for Shelly is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Shelly is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelly
- The average income of a Shelly resident is $19,215 a year. The US average is $28,555 a year.
- The Median household income of a Shelly resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelly, MinnesotaUnited States
  5.76
  -0.6%-6.2%
  17.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $26,440$37,638
  $49,375$69,021
Family Median Income 85028
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