Groundwork

Real estate · Small-town market · Tennessee

Real estate businesses in the Shelbyville, TN area

Competitor counts, household spending and official business counts for real estate businesses in the Shelbyville, TN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 81 out of 100: High

Ranked #7 of 536 scored small-town markets
#1 of 17 scored small-town markets based in Tennessee

Listings
31
2 chain locations (6%)
Official establishments
10
Businesses with payroll, 2023
Household spending a year
$281.2M
On rent and homeowner costs · $14,419 a household
Housing spending per listing (U.S. = 100)
209
2.1 times the U.S.
Listings per 10k households
15.9
59% below the U.S.
Population, 2025
55,273
+9.7% since 2020

See the real estate businesses around any address in the Shelbyville area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Shelbyville area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Shelbyville area scores 81 (high) on the Groundwork market score for real estate businesses, ranking #7 of 536 scored small-town markets and #1 of 17 scored small-town markets based in Tennessee. That puts it in the top 10% of small-town markets for real estate businesses.

Map listings as of September 2026 show 31 real estate businesses in the Shelbyville area. Chain locations make up 6% of them, against 6% across the U.S. That comes to 15.9 for every 10,000 households, 59% below the U.S. rate of 38.5.

At $14,419 per household (13% below the U.S. average), households in the Shelbyville area spend about $281.2M a year on rent and homeowner costs. Housing spending per office is 2.1 times the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Shelbyville area was 10 in 2023. That is one for every 1,951 households, against one for every 414 across the U.S. Between 2020 and 2025, the population of the Shelbyville area grew 9.7%, faster than the U.S. (+3.1%).

How the Shelbyville area compares

The same measures for Tennessee and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Shelbyville, TN area compared with Tennessee and the U.S.
MeasureShelbyville areaTennesseeU.S.
Listings per 10k households15.936.738.5
Housing spending per listing (U.S. = 100)20993100
Households per official establishment1,951736414
Official establishment growth, 2019–2023n/a+19.2%+15.8%
Population growth, 2020–2025+9.7%+5.6%+3.1%
Spending per household on rent and homeowner costs$14,419$14,833$16,661
Median household income$67,225$69,595$80,734
Groundwork market score8155

Official counts and lending

Businesses

Official establishments, 2019 to 2023
10
Employees, 2023
26
Annual payroll, 2023
$813K
One-person businesses, 2023
232Businesses with no payroll
Map listings, September 2026
312 chain locations
Listings at the U.S. rate for this spending
65The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Shelbyville area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Shelbyville area

Population, 2025 estimate
55,273+9.7% since 2020
Households
19,505
Median age
37.0
Homes lived in by their owners
72%
Vehicles per household
2.3
Land area
474 sq. mi.
People per square mile
110
Median household income
$67,225+33.3% vs. 2015–2019, before inflation
Average household income
$86,190
Median home value
$281,200
Jobs located here
17,181
Daytime population
45,569Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Shelbyville area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Shelbyville area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Real estate across Tennessee

Every Tennessee market ranked →

The highest-scoring small-town markets in Tennessee for real estate businesses, numbered among those based in Tennessee, with the Shelbyville area marked.

Top small-town markets in Tennessee

Small-town markets in Tennessee ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Shelbyville, TN813115.9209+9.7%#7 of 536
2Lewisburg, TN752619.1178+10.5%#31 of 536
3Dyersburg, TN701812.2259−1.1%#48 of 536
4Fayetteville, TN702919.5168+4.3%#50 of 536
5Winchester, TN703620.6158+6.4%#51 of 536
6McMinnville, TN673219.7156+6.5%#69 of 536
7Newport, TN662717.4169+5.1%#80 of 536
8Martin, TN632115.7193+1.1%#104 of 536
9Athens, TN636624.9129+8.2%#110 of 536
10Union City, TN591612.8238−2.3%#140 of 536

Other business types in the Shelbyville area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Shelbyville, TN area?

There are 31 real estate businesses on map listings in the Shelbyville area as of September 2026. 2 of them (6%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 10 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Official counts list 232 one-person businesses without payroll.

How much do households in the Shelbyville, TN area spend on rent and homeowner costs?

About $281.2M a year, or $14,419 per household. That is 13% below the U.S. average (an index of 87, where 100 is the U.S. average). For the 31 real estate businesses on map listings, housing spending per office is 2.1 times the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 19,505 households in the Shelbyville area and national spending patterns by income.

How does the Shelbyville, TN area compare with the U.S. for real estate businesses?

The Shelbyville area has 15.9 real estate businesses per 10,000 households, 59% below the U.S. rate of 38.5. The index of housing spending per office is 209, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Shelbyville area would have about 65, against 31 on map listings. There is one business with payroll in the industry for every 1,951 households, against one for every 414 across the U.S.

How fast is the Shelbyville, TN area growing?

Population estimates put the Shelbyville area at 55,273 people in 2025, up 9.7% since 2020, faster than the U.S. (+3.1%). It has 19,505 households. The median household income in the Shelbyville area is $67,225 a year, 17% below the U.S. median of $80,734. That rose 33.3% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Shelbyville area scores 81 for real estate businesses (high), #7 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Shelbyville area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Shelbyville area

Screening a site or an acquisition in the Shelbyville area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Shelbyville area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.