Shelby, NE Economy


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United States / Nebraska / No Metro Area / Polk County / Shelby / Zip Codes
Shelby, Nebraska is a small rural town located in the mid-west. It has a population of less than 500 people and is known for its affordability. The average rent for a two-bedroom apartment in Shelby is $960, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Shelby is 95 compared to 100 in the US. Local businesses include Anderson's Home Hardware and Supply, which sells hardware supplies, and Spiker Trucking, which provides transportation services. There are also several local farms that provide fresh produce to the area. All of these businesses contribute to Shelby's economy and help make it an affordable place to live.

Shelby has an unemployment rate of 2.0%. The US average is 6.0%.

Shelby has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Shelby
- The Sales Tax Rate for Shelby is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Shelby is 6.8%. 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 $29,216 a year. The US average is $28,555 a year.
- The Median household income of a Shelby resident is $68,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelby, NebraskaUnited States
  26
  -1.0%-6.2%
  24.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,437$37,638
  $68,125$69,021
  $90,268$85,028
  Population by Occupation
  6.3%1.2%
  0.0%0.5%
  7.4%6.8%
  22.1%10.0%
  3.6%2.5%
  4.9%11.0%
  8.7%4.8%
  0.3%0.8%
  0.5%1.9%
  1.9%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  5.5%4.2%
  8.7%9.3%
  9.3%14.0%
  0.0%2.1%
  4.4%7.0%
  7.1%4.8%
  7.9%4.7%
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