| ZIP Code | 47581 |
|---|---|
| City | Shoals |
| State | Indiana (IN) |
| County | Martin County |
| Area Code | 812/930 |
| Elevation | 463 ft |
| Latitude | 38.66269 |
|---|---|
| Longitude | -86.758566 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18101 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.5 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.28 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 24.5% ▼ 37% below avg |
| Unemployment | 0.8% ▼ 85% below avg |
| No HS Diploma | 7 (0.3%) |
| HS Graduate | 1,135 (54.9%) |
| Some College | 293 (14.2%) |
| Associates | 127 (6.1%) |
| Bachelors | 245 (11.8%) |
| Graduate Degree | 261 (12.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $56,864 ▼ 25% below avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $124,900 ▼ 55% below avg ↑ 16% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $606/mo ↑ 21% since 2019 |
| Total Units | 1,555 |
| Vacant Units | 335 |
| Avg HH Size | 2.28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,555 |
|---|---|
| Vacant | 335 |
| Owner Occupied | 85.4% |
| Renter Occupied | 14.6% |
| Avg HH Size | 2.28 |
ZIP code 47581 is located in Shoals, Indiana, within Martin County. With a population of 2,828, this is a sparsely populated ZIP code with a mature community — the median age is 52.5 years. Economically, 47581 is a solidly middle-class ZIP code: the median household income of $56,864 is below the national average.
Real estate in ZIP code 47581 represents one of the more affordable housing markets in the country. The median home value of $124,900 is well below the national average. Renters can expect to pay around $606 per month in median rent. Homeownership is strong here — 85.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.
The population of 47581 is primarily White (95.44%). Residents are less-educated — 24.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.6%. Household income has grown by 13% since 2019.
The unemployment rate in 47581 stands at 0.8%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 47581 in Shoals, IN is characterized as solidly middle-class, less-educated, a mature community, and predominantly owner-occupied. With 2,828 residents, a median household income of $56,864, and a median home value of $124,900, it offers a clear picture of life in this part of Indiana.