Zip 28150 (Shelby, NC) Economy


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Shelby, North Carolina is a charming city located in Cleveland County. It has a population of 28,150 people as of 2020. The two bedroom rent in Shelby is $790, which is significantly lower than the US average of $1,430. Additionally, Shelby has a Grocery Cost Index of 94 compared to the US average of 100.
This makes Shelby an attractive place for those looking to save money on rent or groceries. Some local businesses and attractions include Bojangle's Famous Chicken 'n Biscuits, Hart's Restaurant & Bakery, Mellow Mushroom Pizza Bakers, and Big D's Bar-B-Que Shack. Shelby also offers plenty of activities such as shopping at the Cleveland Mall or visiting the historical Don Gibson Theatre downtown. With great amenities and low costs, Shelby is an excellent place for anyone wanting to live affordably in North Carolina!

Shelby (zip 28150) has an unemployment rate of 5.1%. The US average is 6.0%.

Shelby (zip 28150) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Shelby (zip 28150)
- The Sales Tax Rate for Shelby (zip 28150) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Shelby (zip 28150) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelby (zip 28150)
- The average income of a Shelby (zip 28150) resident is $21,289 a year. The US average is $28,555 a year.
- The Median household income of a Shelby (zip 28150) resident is $41,022 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelby, North CarolinaUnited States
  5.16
  -5.3%-6.2%
  37.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $24,897$37,638
  $41,022$69,021
  $56,190$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  7.7%6.8%
  20.8%10.0%
  0.9%2.5%
  13.5%11.0%
  3.2%4.8%
  1.1%0.8%
  2.1%1.9%
  2.1%4.7%
  0.7%1.9%
  2.2%7.6%
  0.2%0.1%
  4.4%4.2%
  10.2%9.3%
  13.2%14.0%
  1.2%2.1%
  6.2%7.0%
  6.8%4.8%
  3.4%4.7%
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