Shelby County, Indiana
Income Data
At a Glance
How Shelby County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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Your income is above the Shelby County median
County median: $71,301 per year
vs. County Median
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vs. State Average
+4%
vs. National Median
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Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.