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Shelbyville, TN, USA apartments for sale
Shelbyville
According to statistics, the population in Shelbyville, TN amounts to 21,028, which shows decline 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $37,995, shifting growth 7% from the past year, and the average property value in Shelbyville, TN growth 5% to $109,100 throughout the year.
| Population | 21,028 |
| Median Age | 34.4 |
| Poverty Rate | 24% |
| Household Income | $37,995 |
| Number Of Employees | 9,278 |
| Median Property Value | $109,100 |
Average Price of Apartments for Sale in Shelbyville, TN
Average apartment sale in Shelbyville, TN: $250,935
(-22.1%)
| Month | Median Price |
|---|---|
| Aug 2023 |
$218,193
|
| Jul 2023 |
$218,193
|
| Jun 2023 |
$229,024
|
| May 2023 |
$229,024
|
| Apr 2023 |
$229,024
|
| Mar 2023 |
$229,071
|
| Month | Median Price |
|---|---|
| Aug 2023 |
$246,857
|
| Jul 2023 |
$326,112
|
| Jun 2023 |
$332,228
|
| May 2023 |
$278,569
|
| Apr 2023 |
$320,596
|
| Mar 2023 |
$276,414
|
Household Income
The average household income in Shelbyville, TN grew from $35,620 to $37,995 in the past year. This data is an estimate based upon 7,497 households in Shelbyville, TN . The chart below presents how household income is distributed in Shelbyville, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Shelbyville, TN shifted from $104,200 to $109,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Shelbyville, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Shelbyville, TN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Shelbyville, TN compared to median property taxes around the country. The prevalent amount of property taxes in Shelbyville, TN equals $1150, which is less than the national average.