Shelby, MS Real Estate
According to census data in the year 2000 there were 962 housing units in Shelby.
This represents a 2.3% growth from 940 in 1990.
Of those housing units, 941 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Shelby is about 57.9%.
Shelby's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 3.07 people.
The majority of houses, apartments or condos in Shelby were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 11.40% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $40,600 |
| Median Price asked for vacant units | $26,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.66 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 0% |
| Simple Mortgage | 51% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
