HomeMichiganOceana CountyShelby
Shelby, Michigan: commercial real estate data.
Shelby 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Shelby (7(a))
- Approvals3
- Gross approval$2,763,300
- Average approval$921,100
- Median approval$123,300
- 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
Counted by borrower city: approvals to borrowers whose address is in Shelby, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Shelby
SBA loans in Shelby (504)
- 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
Counted by borrower city: approvals to borrowers whose address is in Shelby, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Oceana County, not Shelby
Oceana County context, not Shelby figures
- Establishments in Oceana County468
- Covered employment, Oceana County6,470
- Average annual pay, Oceana County$45,679
- Housing units permitted, Oceana County147
Every figure in this section is published for Oceana County as a whole and is not a measurement of Shelby.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $2.8 m since FY2020, across 3 lenders, median approval $123,300, plus 1 504 approvals worth $582,000 since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Shelby figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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