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Shelly, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
229
Population
$43,750
Median Income
$89,200
Home Value
36.1
Median Age

Demographics

Shelly has a population of 229 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
76.9%
Other
10.9%
Hispanic
7.0%
Black
5.2%
Demographic Value
Total Population229
Median Age36.1
White76.9%
Black or African American5.2%
Hispanic or Latino7.0%
Other / Two or More Races10.9%
Shelly, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 76.9%Other: 10.9%Hispanic/Latino: 7.0%Black: 5.2%229PopulationWhiteWhite76.9%OtherOther10.9%Hispanic/LatinoHispanic/Latino7.0%BlackBlack5.2%

Income & Economy

The median household income in Shelly is $43,750, which is 45.7% below the national median of $80,610. The per capita income is $29,112. The poverty rate is 19.6%.

$43,750
Median Household Income
$29,112
Per Capita Income
19.6%
Poverty Rate

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Education

In Shelly, 86.5% of residents age 25+ have a high school diploma or higher, and 19.6% hold a bachelor's degree or higher (0.7% with a graduate or professional degree).

HS Diploma+
86.5%
Bachelor's+
19.6%
Graduate+
0.7%
Education Level % of Adults (25+)
High School Diploma or Higher86.5%
Bachelor's Degree or Higher19.6%
Graduate or Professional Degree0.7%

Housing

The median home value in Shelly is $89,200, below the national median of $303,400. The median monthly rent is $810. The homeownership rate is 84.0%.

$89,200
Median Home Value
$810/mo
Median Rent
84.0%
Homeownership Rate
Housing Metric Value
Median Home Value$89,200
Median Monthly Rent$810
Homeownership Rate84.0%
Vacancy Rate27.1%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Shelly, Minnesota?
The population of Shelly, Minnesota is 229 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shelly, Minnesota?
The median household income in Shelly, Minnesota is $43,750. This is 45.7% below the national median of $80,610.
What is the median home value in Shelly, Minnesota?
The median home value in Shelly, Minnesota is $89,200. The median monthly rent is $810.
What percentage of people in Shelly have a college degree?
In Shelly, Minnesota, 19.6% of adults age 25 and older hold a bachelor's degree or higher, and 86.5% have a high school diploma or higher.
Is Shelly, Minnesota an affordable place to live?
The home price-to-income ratio in Shelly, Minnesota is 2.0x (median home value $89,200 vs. median income $43,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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