Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.5 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $124,900 ▼ 55% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $606/mo |
| Total Housing Units | 1,555 |
| Vacant Units | 335 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Shoals is a city in Indiana, located in Martin County. The city spans 1 ZIP code and is home to approximately 2,828 residents. It is a mature city, with a median age of 52.5 years.
Economically, Shoals is a solidly middle-class community. The median household income of $56,864 is below the national average. Approximately 12.6% of residents live below the poverty line. The unemployment rate is 0.8%, well below the national average.
The real estate market in Shoals is one of the more affordable housing markets in the country. Median home values stand at $124,900, which is well below the national average. Renters typically pay around $606 per month. Homeownership is high at 85.4%, typical of suburban and family-oriented communities.
The population of Shoals is less-educated. 24.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.44%).
Shoals, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47581 | 2,828 | $56,864 | $124,900 | $606 | 0.8% | 24.5% | 85.4% |