HomeMinnesotaNorman CountyShelly
Shelly, Minnesota: commercial real estate data.
Shelly is a Census city of 229 people across 0.21 square miles of land, in Norman County. Median household income is $43,750, 84.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $325,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Shelly
What Shelly is
- Census place typecity
- Land area0.21 sq mi
- Water area0 sq mi
- Population per square mile of land1,086 plus or minus 256
- County holding the largest share of its areaNorman 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.
Shelly
How many people live in Shelly
- Population229 plus or minus 54
- Median age36.1 plus or minus 14.0
- Population under 1865 plus or minus 22
- Share under 1828.4 percent plus or minus 6.8
- Population 65 and over38 plus or minus 17
- Share 65 and over16.6 percent plus or minus 6.1
- Households94 plus or minus 24
- Family households57 plus or minus 21
- Share of households that are families60.6 percent plus or minus 16.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelly
Income and work in Shelly
- Median household income$43,750 plus or minus $16,653
- Per capita income$29,112 plus or minus $6,202
- Civilian labor force101 plus or minus 32
- Employed88 plus or minus 32
- Unemployed13 plus or minus 12
- Unemployment rate12.9 percent plus or minus 11.2
- Adults 25 and over148 plus or minus 37
- Adults 25 and over with a high school diploma or higher86.5 percent plus or minus 30.6
- Adults 25 and over with a bachelor degree or higher19.6 percent plus or minus 10.1
- Adults 25 and over with a graduate degree0.7 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelly
Housing in Shelly
- Housing units129 plus or minus 33
- Occupied units94 plus or minus 24
- Vacant units35 plus or minus 21
- Vacancy rate27.1 percent plus or minus 14.7
- Owner occupied79 plus or minus 20
- Renter occupied15 plus or minus 9
- Ownership rate84.0 percent plus or minus 30.2
- Median owner-occupied home value$89,200 plus or minus $19,136
- Median gross rent, monthly$810
- Annual rent as a share of median income22.2 percent plus or minus 8.6
- Single family units104 plus or minus 29
- Share single family80.6 percent
- Units in buildings of two or more25 plus or minus 20
- Share in buildings of two or more19.4 percent plus or minus 14.8
- Mobile homes0
- Median year structure built1950
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelly
How Shelly gets to work
- Workers 16 and over who commute88 plus or minus 32
- Commuting under 15 minutes21 plus or minus 16
- Share commuting under 15 minutes23.9 percent plus or minus 15.5
- Commuting 30 minutes or more41 plus or minus 20
- Share commuting 30 minutes or more46.6 percent plus or minus 15.3
- Drove alone87.5 percent plus or minus 42.7
- Carpooled12.5 percent plus or minus 16.4
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Shelly
SBA loans in Shelly (7(a))
- Approvals1
- Gross approval$325,000
- Average approval$325,000
- Median approval$325,000
- Largest approval$325,000
- Jobs supported1
- Jobs per approval1.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Shelly, 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.
Shelly
Flood risk in Shelly
- NFIP communityCity of Shelly
- NFIP community number270327
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/30/15
The City of Shelly participates in the National Flood Insurance Program as community 270327 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Norman County, not Shelly
Norman County context, not Shelly figures
- Establishments in Norman County175
- Covered employment, Norman County1,710
- Average annual pay, Norman County$48,805
- Housing units permitted, Norman County6
Every figure in this section is published for Norman County as a whole and is not a measurement of Shelly.
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
Shelly questions, answered from the record.
How many people live in Shelly, Minnesota?
229, in 94 households. Shelly city covers 0.21 square miles of land, which is 1,086 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Shelly in?
Norman 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 Shelly?
$43,750. The median owner-occupied home is valued at $89,200. Median gross rent is $810 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Shelly businesses?
1 7(a) approvals totaling $325,000 since FY2020, across 1 lenders, median approval $325,000. These count approvals to borrowers whose address is in Shelly, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Shelly borrowers get paid back?
No rate is published for Shelly. 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.
Is Shelly in the National Flood Insurance Program?
Yes. Shelly appears in the FEMA Community Status Book as Shelly, city of, community 270327, with no Community Rating System class, so no CRS discount applies. 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 Shelly figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Norman 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 Shelly.
Is zoning published for Shelly?
No. Nothing on this page presents parcel level zoning.
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