Shelbyville has the 1589th largest population in the United States. The population shrank by 0.1% from 2010 to 2015, which was slower than the national average. Shelbyville is part of the Indianapolis metro area. Unemployment in the Indianapolis area is 4%, which is lower than the national average, and is getting better. Indianapolis has the 26th largest local economy in the US, and a low cost of living. The average pay for jobs in Shelbyville is below average at $45,780, and the median cost of a home in Shelbyville is $96,400, which is below the national average. 13% of workers in Shelbyville hold a bachelors degree or higher (above average), and 83% of workers have a high school degree (above average). Driving to work is especially common in Shelbyville. 82% of Shelbyville workers drive to work alone, 0% take public transit, 11% carpool, and 5% walk. People in Shelbyville spend an average of 20 minutes commuting to work, which is shorter than the national average of 26 minutes.