Pros and Cons of Living in Shelbyville

Shelbyville's core trade-off pairs a real, distinct racing-and-casino economic anchor and a 5-star-rated hospital against a real, disclosed above-national crime rate and mixed school performance.

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Pro: a distinct racing and casino economic anchor

Horseshoe Indianapolis employs more than 1,000 workers directly in Shelbyville and hosts the Grade 3 Indiana Derby each summer -- a genuine, distinct identity among this state's Indianapolis-metro exurbs.

Pro: a real, current 5-star-rated hospital and affordable housing

Major Health Partners' Forbes 5-star rating and Shelbyville's genuinely affordable $269,000 median list price both run as real, disclosed positives.

Con: a real, disclosed above-national crime rate

Shelbyville's crime rate runs considerably above the national average -- a real, disclosed trade-off this record does not soften.

Con: a mixed school-performance picture and a higher combined tax rate

Shelbyville Central Schools' below-average reading proficiency and Shelby County's combined 4.20% income tax rate (on the higher end of this state's manifest) both run as real, disclosed trade-offs.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.