Shelby is a city in North Carolina state in USA with a population of 20046 residents.. The poverty rate of Shelby is 20.2%, which is 44% higher than national average. The typical household in Shelby earns $39398 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Shelby, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Shelby remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Shelby, only 27% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Shelby is 91, which is 9% lower than national average. Median home value in Shelby is $132900 , which is 42% lower than national average. While median income in Shelby remained $39398, which is 42% lower than national average.