The city of Shelby in Indiana has an average 2 bedroom rent cost of $1,170, which is much lower than the national average of $1430. The Grocery Cost Index for Shelby is 94, meaning groceries are 6% cheaper than the US. This makes the city a great place for those looking to save money on housing and food costs. Major employers in this area include Vascor, Haynes International, MSD of Shelby County Schools and Decatur Plastic Products. Other attractions like the Grand Prix Indoor Go-Karting & Event Center also bring people to this area.
Shelby (zip 46377) has an unemployment rate of 7.6%. The US average is 6.0%.
Shelby (zip 46377) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Shelby (zip 46377)
- The Sales Tax Rate for Shelby (zip 46377) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby (zip 46377) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shelby (zip 46377)
- The average income of a Shelby (zip 46377) resident is $14,673 a year. The US average is $37,638 a year.
- The Median household income of a Shelby (zip 46377) resident is $58,684 a year. The US average is $69,021 a year.