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Population & People
Population
3,058
Median age
37.7
Median household income
$58,413
Poverty rate
13.8%
Unemployment rate
3.7%
Bachelor's degree+
19.5%
Avg. commute
13 min
Hispanic or Latino
4.6%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$232,700
Median gross rent
$893/mo
Homeownership rate
61.03%
HUD FMR — 2 bedroom
$1,336
HUD Fair Market Rent (Montana statewide average across 56 areas — not specific to Shelby), 2026. Efficiency $988, 1BR $1076, 2BR $1336, 3BR $1789, 4BR $2113. This is a different official figure from Census median gross rent above.
Energy
Montana commercial electricity
11.88¢/kWh
Montana industrial electricity
7.02¢/kWh
Montana residential electricity
12.98¢/kWh
Economy
Gross Domestic Product: All Industry Total
82357.8
Real Gross Domestic Product: All Industry Total
61939.7
All-Transactions House Price Index for Montana
821.72
Unemployment Rate
3.2%
Source: FRED, Montana-specific series.