Shelby County, IN Economy


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Shelby, IN County is a great place to live and work. Not only does it have an affordable cost of living with its 2 bedroom rent at $1,070 compared to the US average of $1,430, but its Grocery Cost Index is 94 versus 100 in the US. There are numerous local companies and amenities that make Shelby, IN County a desirable place to live. Companies such as G&R Manufacturing, Lee's Automotive, and Shelbyville Country Club provide residents with gainful employment opportunities. Additionally, there are plenty of recreational activities available including golfing at Jessie's Creek Golf Course or hiking at Mutton Creek Park. With so much to offer, Shelby County is an ideal place to call home.

Shelby County has an unemployment rate of 4.0%. The US average is 6.0%.

Shelby County has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Shelby County
- The Sales Tax Rate for Shelby County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby County is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelby County
- The average income of a Shelby County resident is $24,200 a year. The US average is $28,555 a year.
- The Median household income of a Shelby County resident is $64,070 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelby, IndianaUnited States
  46
  -4.8%-6.2%
  36.3%33.5%
  7.0%6.2%
  4.7%4.6%
  $31,273$37,638
  $64,070$69,021
  $76,512$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  9.4%6.8%
  22.3%10.0%
  2.4%2.5%
  8.7%11.0%
  3.9%4.8%
  0.3%0.8%
  1.0%1.9%
  2.4%4.7%
  1.3%1.9%
  3.8%7.6%
  0.0%0.1%
  3.2%4.2%
  6.6%9.3%
  13.5%14.0%
  3.7%2.1%
  5.5%7.0%
  6.7%4.8%
  3.5%4.7%
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