Shelby, MI 49455 has a population of approximately 4,711 and experiences a population change rate of -9.58%. The population density is 56.5 / sq mi .
Shelby, MI 49455 has a population of approximately 4,711 and experiences a population change rate of -9.58%. The population density is 56.5 / sq mi .
The median household income for Shelby, MI 49455 is $57,963, with 1,808 households and an average household size of 2.76.
The median value of a home in Shelby, MI 49455 is $187,000 with an appreciation rate of 16.50%. 56.34% of housing in the state is owned while 11.25% is rented.
The cost of living in Shelby, MI 49455 is 82.8 %.
The unemployment rate in Shelby, MI 49455 is 5.40%, and recent job growth is at 0.38%. Future job growth is projected at 20.94%.
The sales tax rate in Shelby, MI 49455 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Shelby, MI 49455 are $13,222, and the school ratio is 14.8:1.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 34.8 inches per year, with 73.8 inches of snow per year.