HomeMichiganOceana CountyShelby village
Shelby village, Michigan: commercial real estate data.
Shelby village is a Census village of 2,577 people across 1.64 square miles of land, in Oceana County. Median household income is $49,855, 64.8 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.8 m.
81 sourced place values · tier FULL · 9 sections
Shelby
What Shelby is
- Census place typevillage
- Land area1.64 sq mi
- Water area0 sq mi
- Population per square mile of land1,569
- County holding the largest share of its areaOceana County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelby
How many people live in Shelby
- Population2,577
- Median age29.3
- Population under 18786
- Share under 1830.5 percent
- Population 65 and over320 plus or minus 82
- Share 65 and over12.4 percent plus or minus 3.0
- Households849
- Family households600
- Share of households that are families70.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelby
Income and work in Shelby
- Median household income$49,855
- Per capita income$24,372
- Civilian labor force1,206
- Employed1,127
- Unemployed79 plus or minus 45
- Unemployment rate6.6 percent plus or minus 3.6
- Adults 25 and over1,526
- Adults 25 and over with a high school diploma or higher84.2 percent
- Adults 25 and over with a bachelor degree or higher14.5 percent plus or minus 4.1
- Adults 25 and over with a graduate degree5.5 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelby
Housing in Shelby
- Housing units890
- Occupied units849
- Vacant units41 plus or minus 33
- Vacancy rate4.6 percent plus or minus 3.7
- Owner occupied550
- Renter occupied299 plus or minus 65
- Ownership rate64.8 percent
- Median owner-occupied home value$155,600
- Median gross rent, monthly$680
- Annual rent as a share of median income16.4 percent plus or minus 3.8
- Single family units679
- Share single family76.3 percent
- Units in buildings of two or more200 plus or minus 71
- Share in buildings of two or more22.5 percent plus or minus 7.6
- Mobile homes11 plus or minus 10
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelby
How Shelby gets to work
- Workers 16 and over who commute1,114
- Commuting under 15 minutes729
- Share commuting under 15 minutes65.4 percent
- Commuting 30 minutes or more186 plus or minus 73
- Share commuting 30 minutes or more16.7 percent plus or minus 6.2
- Drove alone79.4 percent
- Carpooled15.9 percent plus or minus 4.6
- Public transport0.0 percent
- Walked1.8 percent plus or minus 1.1
- Worked from home1.2 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelby
SBA 7(a) lending to Shelby borrowers
- Approvals3
- Gross approval$2,763,300
- Average approval$921,100
- Median approval$123,300
- Ninetieth percentile approval$2,540,000
- Largest approval$2,540,000
- Jobs supported17
- Jobs per approval5.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term185 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Shelby
SBA 504 lending to Shelby borrowers
- Approvals1
- Gross approval$582,000
- Average approval$582,000
- Median approval$582,000
- Largest approval$582,000
- Jobs supported0
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Shelby
Flood programme status in Shelby
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 7
- NFIP community number260126
- Currently effective map date11/20/13
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oceana County, not Shelby
Oceana County context, not Shelby figures
These are Oceana County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Shelby measurements.
- Establishments in Oceana County468
- Employment at those establishments, Oceana County4,588
- Covered employment, Oceana County6,470
- Average annual pay, Oceana County$45,679
- Average weekly wage, Oceana County$878
- Housing units permitted, Oceana County147
- Of those, single family, Oceana County147
- County product, 2024, Oceana County$832,889,000
- County product change over the prior year, Oceana County-2.2 percent
- Average income of an arriving household, Oceana County$75,921
Every figure in this section is published for Oceana County as a whole and is not a measurement of Shelby. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Shelby questions, answered from the record.
How many people live in Shelby, Michigan?
2,577, in 849 households. Shelby village covers 1.64 square miles of land, which is 1,569 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shelby in?
Oceana County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Shelby?
$49,855. The median owner-occupied home is valued at $155,600. Median gross rent is $680 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shelby businesses?
3 7(a) approvals totalling $2.8 m, across 3 lenders, median approval $123,300, plus 1 504 approvals worth $582,000. These count approvals to borrowers whose address is in Shelby, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shelby borrowers get paid back?
No rate is published for Shelby. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Shelby in the National Flood Insurance Program?
Yes. Shelby appears in the FEMA Community Status Book as community 260126, carrying Community Rating System class 7, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Shelby figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oceana County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Shelby.
Is zoning published for Shelby?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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