Shelby County, Indiana

Income Data

+4% vs. Indiana average
$71,301
Median Household Income
$35,637
Per Capita Income

At a Glance

Median Household Income
$71,301
+4% vs. state avg
Per Capita Income
$35,637
-10% vs. national
Income-to-Housing Ratio
37.9%
income as % of home value
Rank in Indiana
#28 / 92
by median household income

How Shelby County Compares

Shelby County$71,301
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$71,301
Median Household Income
$35,637
Per Capita Income
$188,300
Median Home Value
37.9%
Income-to-Housing Ratio

Data Story

About Household Income in Shelby County, Indiana

Shelby County slightly below U.S. median

Shelby County's median household income of $71,301 trails the U.S. median of $74,755 by $3,454 (4.6%), placing it just below the national typical household. The county reflects solid middle-income performance with modest room for improvement.

Above Indiana's state average

Shelby County's $71,301 median income surpasses Indiana's state average of $68,681 by $2,620 (3.8%), ranking it among the state's moderate earners. Per capita income of $35,637 also exceeds Indiana's average of $34,773, indicating relatively balanced wealth distribution.

Mid-tier regional performer

Shelby County's $71,301 income matches Ripley County and ranks ahead of Randolph, Rush, and Scott counties, but trails Putnam ($76,182) and Posey ($79,124). The county provides decent earning opportunity relative to most of its neighbors.

Watch housing cost pressure

Shelby County's rent-to-income ratio of 16.1% slightly exceeds the 15% affordability threshold, suggesting housing costs are a tighter squeeze than in wealthier counties. The median home value of $188,300 remains within reach but requires disciplined saving.

Leverage stability for growth

Above-average state income and manageable housing create a platform for Shelby County residents to invest. Contribute consistently to employer retirement plans, consider an IRA for additional retirement savings, or explore real estate investment through home equity as wealth builds.

Frequently Asked Questions

What is the median household income in Shelby County, Indiana?
The median household income in Shelby County, Indiana is $71,301, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Shelby County?
The per capita income in Shelby County is $35,637, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $71,301.
How does Shelby County compare to the Indiana average?
Shelby County's median household income of $71,301 is higher than the Indiana state average of $68,681. The per capita income is $35,637, compared to the state average of $34,773.
What is the per capita income in Shelby County, Indiana?
The per capita income in Shelby County, Indiana is $35,637, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Shelby County income higher than the Indiana average?
Shelby County's median household income of $71,301 is higher than the Indiana average of $68,681. This difference of $2,620 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Shelby County rank for income in Indiana?
Shelby County ranks #28 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $71,301 and per capita income of $35,637, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Shelby County

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County median: $71,301 per year

vs. County Median

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vs. State Average

+4%

vs. National Median

-5%

vs. Shelby County MedianAbout equal
vs. Indiana Average4% above
vs. National Median5% below

Income Adequacy

Monthly income covers median rent6.2x

Your monthly income ($5,942) vs. median rent ($956/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.