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Market insights · Indiana

Shelby County, IN: growth, migration and housing

Shelby County has 45,882 residents, up 1.8% since 2020 (+0.6% in the last year). In 2022–2023, 1,246 households moved in and 1,249 moved out (-3 net), while a net $0.8M of income left. Median household income is $72,190, the median home $212,400 and median rent $987 a month.

Population (2025)45,882
5-year growth+1.8%
1-year growth+0.6%
Net households moving in-3
Per 1,000 residents-0.1
Net income moving in-$0.8M
Median household income$72,190
Median home value$212,400
Median rent$987/mo
Rent as share of income16%

In Indiana: 36th of 92 counties for 5-year population growth · 52nd of 92 counties for net in-migration (per resident) · 30th of 92 counties for median household income · 31st of 92 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Shelby County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Marion County, IN304$16.5M
Johnson County, IN179$10.4M
Hancock County, IN120$5.8M
Decatur County, IN68$3.2M
Bartholomew County, IN62$2.9M
Rush County, IN58$2.7M
Hamilton County, IN28$1.6M
Hendricks County, IN23$1.3M

Where leavers went

Top counties by households leaving Shelby County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Marion County, IN240$11.3M
Johnson County, IN132$6.4M
Hancock County, IN127$7.4M
Decatur County, IN86$4.4M
Rush County, IN82$3.6M
Bartholomew County, IN59$4.4M
Hamilton County, IN31$2.0M

BizyFi in Shelby County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.