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Shelby has the 2700th largest population in the United States. The population shrank by 2.8% from 2010 to 2015, which was slower than the national average. Shelby is part of the Mansfield metro area. Unemployment in the Mansfield area is 5%, which is higher than the national average, and is getting better. Mansfield has the 339th largest local economy in the US, and a low cost of living. The average pay for jobs in Shelby is below average at $38,040, and the median cost of a home in Shelby is $82,600, which is below the national average. 15% of workers in Shelby hold a bachelors degree or higher (above average), and 88% of workers have a high school degree (above average). Driving to work is especially common in Shelby. 86% of Shelby workers drive to work alone, 0% take public transit, 7% carpool, and 5% walk. People in Shelby spend an average of 18 minutes commuting to work, which is shorter than the national average of 26 minutes.

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