Shelby County, IA Economy


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United States / Iowa / No Metro Area / Shelby County / Cities / Zip Codes
Shelby, IA County offers a great quality of life. The cost of living is low and the two-bedroom rent in the county is $800 compared to the national average of $1,430. The Grocery Cost Index is also lower than the national average at 94. The county has a range of businesses for local residents including banks, grocery stores, pharmacies, and restaurants. Local companies include Bank Iowa, Hy-Vee Grocery Store & Pharmacy, Pizza Hut and La Quercia Food Products from nearby Norwalk. There are also a number of recreational activities available in Shelby such as parks, trails for biking or walking, and fishing spots around the lake. Overall Shelby is an affordable place to live with plenty of opportunities to explore.

Shelby County has an unemployment rate of 3.5%. The US average is 6.0%.

Shelby County has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower 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 9.1%. 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 $36,955 a year. The US average is $37,638 a year.
- The Median household income of a Shelby County resident is $62,222 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelby, IowaUnited States
  3.56
  -7.6%-6.2%
  16.4%33.5%
  7.0%6.2%
  7.5%4.6%
  $36,955$37,638
  $62,222$69,021
  $87,147$85,028
  Population by Occupation
  10.6%1.2%
  0.0%0.5%
  6.9%6.8%
  11.7%10.0%
  3.2%2.5%
  11.7%11.0%
  6.0%4.8%
  1.1%0.8%
  1.5%1.9%
  5.8%4.7%
  0.5%1.9%
  5.3%7.6%
  0.0%0.1%
  2.5%4.2%
  8.3%9.3%
  15.1%14.0%
  1.1%2.1%
  2.7%7.0%
  3.8%4.8%
  2.5%4.7%
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