Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Shoals, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
679
Population
$38,333
Median Income
$151,500
Home Value
43.4
Median Age

Demographics

Shoals has a population of 679 with a median age of 43.4. Here is the racial and ethnic breakdown of the population:

White
94.6%
Other
3.2%
Black
1.6%
Asian
0.6%
Demographic Value
Total Population679
Median Age43.4
White94.6%
Black or African American1.6%
Asian0.6%
Other / Two or More Races3.2%
Shoals, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.6%Other: 3.2%Other: 2.2%679PopulationWhiteWhite94.6%OtherOther3.2%OtherOther2.2%

Income & Economy

The median household income in Shoals is $38,333, which is 52.4% below the national median of $80,610. The per capita income is $23,690. The poverty rate is 20.5%.

$38,333
Median Household Income
$23,690
Per Capita Income
20.5%
Poverty Rate

Advance Your Career in Shoals

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Shoals, 88.3% of residents age 25+ have a high school diploma or higher, and 9.2% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).

HS Diploma+
88.3%
Bachelor's+
9.2%
Graduate+
4.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.3%
Bachelor's Degree or Higher9.2%
Graduate or Professional Degree4.8%

Housing

The median home value in Shoals is $151,500, below the national median of $303,400. The median monthly rent is $383. The homeownership rate is 61.1%.

$151,500
Median Home Value
$383/mo
Median Rent
61.1%
Homeownership Rate
Housing Metric Value
Median Home Value$151,500
Median Monthly Rent$383
Homeownership Rate61.1%
Vacancy Rate13.2%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

See all Indiana salaries →

Other Cities in Indiana

See all Indiana cities →

Frequently Asked Questions

What is the population of Shoals, Indiana?
The population of Shoals, Indiana is 679 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shoals, Indiana?
The median household income in Shoals, Indiana is $38,333. This is 52.4% below the national median of $80,610.
What is the median home value in Shoals, Indiana?
The median home value in Shoals, Indiana is $151,500. The median monthly rent is $383.
What percentage of people in Shoals have a college degree?
In Shoals, Indiana, 9.2% of adults age 25 and older hold a bachelor's degree or higher, and 88.3% have a high school diploma or higher.
Is Shoals, Indiana an affordable place to live?
The home price-to-income ratio in Shoals, Indiana is 4.0x (median home value $151,500 vs. median income $38,333), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Shoals?

Find resources to help plan your move, explore homes, and compare insurance rates in Indiana.

Salary Data in Indiana

All Jobs in Indiana Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn