Shoals

Population: 700
Median household income: $43,304
Median home value: $114,300

Located in Martin County, Indiana, Shoals is a community with a population of 700. The median household income of $43,304 is below the Martin County median ($65,345).

Between 2019 and 2023, Shoals's population declined 4.2% from 731 to 700, while its median home value rose 49.8% from $76,300 to $114,300.

The median resident is 48.6 years old. The largest age group is 45 to 54, 16.0% of residents.

Demographics

ACS 2019–2023

Population: 700
Median age: 48.6 yrs
Median household income: $43,304
Median home value: $114,300
Median gross rent: $500
Housing units: 379
Homeownership rate: 62.3%
Bachelor's degree or higher: 12.8%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

731700

Median household income

$38,125$43,304

Median home value

$76,300$114,300

Median gross rent

$459$500

Year	Population	Median household income	Median home value	Median gross rent
2019	731	$38,125	$76,300	$459
2020	720	$32,784	$76,700	$292
2021	562	$35,313	$77,300	$388
2022	655	$35,724	$121,700	$506
2023	700	$43,304	$114,300	$500

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.4%

5 to 1710.7%

18 to 248.6%

25 to 3411.0%

35 to 449.3%

45 to 5416.0%

55 to 6411.4%

65 to 7415.1%

75 and over14.4%

	Count	Share
Under 5	24	3.4%
5 to 17	75	10.7%
18 to 24	60	8.6%
25 to 34	77	11.0%
35 to 44	65	9.3%
45 to 54	112	16.0%
55 to 64	80	11.4%
65 to 74	106	15.1%
75 and over	101	14.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	635	90.7%
Black or African American	6	0.9%
American Indian & Alaska Native	0	0.0%
Asian	4	0.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	55	7.9%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma11.3%

High school graduate59.0%

Some college or associate's17.0%

Bachelor's degree7.4%

Graduate or professional degree5.4%

	Count	Share
No high school diploma	61	11.3%
High school graduate	319	59.0%
Some college or associate's	92	17.0%
Bachelor's degree	40	7.4%
Graduate or professional degree	29	5.4%

Commute to work

Mean travel time to work: 23 min

Drove alone84.3%

Carpooled6.0%

Public transit0.0%

Walked4.2%

Bicycle0.0%

Worked from home2.1%

Other means3.3%

How workers get to work

	Count	Share
Drove alone	280	84.3%
Carpooled	20	6.0%
Public transit	0	0.0%
Walked	14	4.2%
Bicycle	0	0.0%
Worked from home	7	2.1%
Other means	11	3.3%

Travel time

	Count	Share
Under 15 min	97	29.8%
15 to 29 min	87	26.8%
30 to 44 min	91	28.0%
45 to 59 min	29	8.9%
60+ min	21	6.5%

Households

Average household size: 1.93
Poverty rate: 22.1% (144 of 652)

	Count	Share
Family households	129	38.3%
Nonfamily households	208	61.7%

Housing

Median year structure built: 1964

Occupancy

	Count	Share
Occupied	337	88.9%
Vacant	42	11.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	210	62.3%
Renter-occupied	127	37.7%

1-unit, detached58.6%

1-unit, attached0.8%

2 to 4 units17.2%

5 to 19 units6.3%

20 or more units3.4%

Mobile home & other13.7%

Units in structure

	Count	Share
1-unit, detached	222	58.6%
1-unit, attached	3	0.8%
2 to 4 units	65	17.2%
5 to 19 units	24	6.3%
20 or more units	13	3.4%
Mobile home & other	52	13.7%

Geography

Place GEOID: 1869552
Type (LSAD): 43
Land area: 1.82 sq mi
Water area: 0.09 sq mi
Center point: 38.6655, -86.7937