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Shelby, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Shelby, Iowa had a total population of 752, the 368th largest city in Iowa, with a median household income of $63,654, which is 15% lower than the state average. The poverty rate is 10.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Shelby Quick Facts

Population 752
Median Household Income $63,654
Median Home Value $162,500
Poverty Rate 10.2%
Unemployment Rate 6.2%
Median Age 36.1 years
Homeownership Rate 62.8%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 10.7%
High School Graduation Rate 89.9%
Diversity Index 27/100
Population 752 368th of 1,017
Median Income $63,654 average
Poverty Rate 10.2% 18% lower than national
Median Home Value $162,500 top 30%

How Shelby Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population797752-5.6%
Median household income$60,333$63,654+5.5%
Median home value$156,300$162,500+4.0%

How Shelby Compares

Economy & Housing

Household Income Distribution

Under $25K 18.8%
$25K-$50K 21.9%
$50K-$100K 31.3%
$100K+ 28.1%
Detailed income brackets
Under $10K
7.1%
$10K-$15K
4.5%
$15K-$20K
2.0%
$20K-$25K
5.1%
$25K-$30K
5.7%
$30K-$35K
4.3%
$35K-$40K
1.4%
$40K-$45K
5.7%
$45K-$50K
4.8%
$50K-$60K
4.8%
$60K-$75K
10.5%
$75K-$100K
15.9%
$100K-$125K
6.5%
$125K-$150K
2.8%
$150K-$200K
14.8%
$200K+
4.0%

Employment

6.2% Unemployment Rate State: 3.6%|National: 5.2%
68.3% Labor Force Participation

Housing Overview

Owner 62.8%
Renter 37.2%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $840/mo 15.8% of median household income annually

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Shelby Rankings in Iowa

#368 Population of 1,017
#548 Median Income of 948
#766 Education of 1,016
#280 Home Value of 947

Other Cities in Shelby County

CityPopulationMedian IncomePovertyHome Value
Harlan 4,891 $57,488 9.0% $152,500
Elk Horn 728 $64,250 12.0% $133,200
Earling 478 $43,750 9.3% $125,000
Irwin 352 $40,417 15.5% $72,900
Defiance 251 $53,542 11.6% $101,600
Panama 245 $63,125 7.4% $142,200
Portsmouth 204 $80,781 4.9% $125,000
Westphalia 117 $77,083 3.4% $97,400
Tennant 84 $62,885 0.0% $210,000
Kirkman 58 $77,917 10.3% $118,800

Cities Similar to Shelby

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Edgewood752$61,625$173,70013.8%8.6%
Dakota City752$60,417$119,8007.5%6.3%
Montrose744$66,250$103,50012.8%11.7%
Elk Horn728$64,250$133,20031.1%12.0%
Kanawha756$68,250$77,60026.6%8.7%

A note before these figures: with a population of 752, Shelby's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Shelby is a small community located in Iowa, within Shelby County. The total population is 752. It ranks as the 368th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Shelby is 36.1 years. This is 6% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Shelby is $63,654. This is 15% lower than the state median of $75,059. It is also 21% lower than the national median of $80,734. The poverty rate stands at 10.2%. This is 8% lower than the state poverty rate of 11.1%. The unemployment rate is 6.2%. This is 72% higher than the state rate of 3.6%. The median home value is $162,500. Housing costs are 22% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.6x, Shelby is one of the most affordable housing markets in the area. 62.8% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 71.7%.

Race & Ethnicity

The largest racial or ethnic group in Shelby is White (non-Hispanic), making up 84.3% of the population. Hispanic or Latino residents account for 12.9%. The Hispanic or Latino population is significantly higher than the state average (12.9% vs 7.3%).

Education

10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.9%.

Data Sources & Methodology

All demographic data for Shelby, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Shelby, Iowa?

Shelby, Iowa has a population of 752 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Shelby, IA?

The median household income in Shelby is $63,654, which is 21% lower than the national median of $80,734.

What is the poverty rate in Shelby, IA?

The poverty rate in Shelby is 10.2%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Shelby, Iowa?

Shelby's population is 84.3% White, 0.0% Black, 12.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Shelby, IA?

The median home value in Shelby is $162,500. The home-value-to-income ratio is 2.6x.

How educated is Shelby, Iowa?

10.7% of adults (25+) in Shelby hold a bachelor's degree or higher, and 4.6% hold a graduate or professional degree.