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The total population of Shelby is estimated to be 698 with 337 males (48.28%) and 361 females (51.72%). There are 24 more females than males in Shelby.
The median household income in Shelby was $54,414 in 2021, which marked an a decrease of 236(0.43%) from $54,650 in 2020. This income is 72.94% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Shelby sees its highest median household income among householders in the age group of 45 to 64 years old, at $72,117. Overall, the median household income for the city of Shelby stands at $54,414.
In Shelby, the median income for all workers aged 15 years and older, regardless of work hours, was $43,974 for males and $28,975 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,437 for males and $44,812 for females.
In Shelby, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $122,143, while White households have a median household income of $53,877.
In 2022, the population of Shelby was 718, a 0.97% decrease year-by-year from 2021. Previously, in 2021, Shelby's population was 725, an increase of 0.55% compared to a population of 721 in 2020.
The median age in Shelby, IA is 39.1, as per 2021 ACS 5-Year Estimates. Of the total population, 12.63% were under the age of 15, 23.80% aged 15 to 29, 46.73% aged 30 to 64, 15.82% aged 65 to 84, and 1.02% were 85 years of age and older.
Racial distribution of Shelby population: 97.68% are White and 2.32% are multiracial.