Shoals, IN demographics:
population, income, and more

Total population
679
-3.0% year-over-year change
Median household income
$38,333/yr
-11.5% year-over-year change
Housing units
311
-17.9% year-over-year change

Shoals population

How many people live in Shoals

Shoals is home to 679 residents, according to the most recent Census data. Gender-wise, 52.6% of Shoals locals are male, and 47.4% are female.

Total population
679
-3.0% year-over-year change
Gender ratio
Male
52.6%
357
Female
47.4%
322
Value Percent YoY change
Male 357 52.6% -2.2%
Female 322 47.4% -3.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Shoals is 43, with the population distributed as follows: about 11.3% are children under 15, then 18% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.3% of the population, while another 21.5% fall into the 45 to 64 bracket. Finally, around 23.9% are 65 or older.

Median age
43.4
Age breakdown
Under 15
11.3%
15 to 24
18%
25 to 44
25.3%
45 to 64
21.5%
Over 65
23.9%
Value Percent YoY change
Under 15 77 11.3% -9.4%
15 to 24 122 18% 64.9%
25 to 44 172 25.3% 21.1%
45 to 64 146 21.5% -24.0%
Over 65 162 23.9% -21.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Shoals, 99.4% of the population are US-born citizens, while 0.6% have gained naturalized citizenship. As for race, 94.6% of locals are Caucasian, 1.6% are African American and 0.6% have Asian roots. There’s also a share of 3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.4%
Non-U.S.-born citizens
0.6%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 675 99.4% -3.0%
Non-U.S.-born citizens 4 0.6% 0.0%
Racial breakdown
White
94.6%
Black or African American
1.6%
American Indian and Alaska Native
0.3%
Asian
0.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3%
Other
0%
Value Percent
White 642 94.6%
Black or African American 11 1.6%
American Indian and Alaska Native 2 0.3%
Asian 4 0.6%
Two or more races 20 3%

Households in Shoals

A peek inside Shoals households

Shoals has 270 households, with an average of 2 members in each. Of these, 43.3% are families, while the remaining 56.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
270
-19.9% year-over-year change
Average people per household
2
Non-family households
153
Family households
117
Value Percent YoY change
Non-family households 153 56.7% -26.4%
Family households 117 43.3% -9.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Shoals

The housing landscape of Shoals

Shoals's housing consists of 311 units, with 61.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 12.2% of the housing landscape.

Housing units
311
-17.9% year-over-year change
Housing types
Value Percent
1 unit, detached 191 61.4%
1 unit, attached 2 0.6%
2 units 21 6.8%
3 or 4 units 37 11.9%
10 to 19 units 9 2.9%
20 to 49 units 13 4.2%
Mobile home 38 12.2%
Homes built since 2020
2
% year-over-year change

The age of buildings in Shoals

In Shoals, the median construction year is 1962. About 26.4% of homes were built before the 1940s, with another 1.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.2% of homes were added from 2000 to 2009, 1.3% between 2010 and 2019, and 0.6% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 82 26.4% 12.3%
Built between 1940 and 1949 6 1.9% -45.5%
Built between 1950 and 1959 59 19% -30.6%
Built between 1960 and 1969 47 15.1% -17.5%
Built between 1970 and 1979 52 16.7% 18.2%
Built between 1980 and 1989 31 10% -51.6%
Built between 1990 and 1999 15 4.8% -46.4%
Built between 2000 and 2009 13 4.2% 30.0%
Built between 2010 and 2019 4 1.3% -42.9%
Built in 2020 or later 2 0.6% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Shoals occupancy rates

Out of the 270 occupied housing units in Shoals, 61.1% are owner-occupied, while 38.9% are lived in by tenants. Meanwhile, 13.2% of all homes on the local market sit vacant.

Occupied housing units
270
-19.9% year-over-year change
Occupancy breakdown
Renter occupied
105
Owner occupied
165
Value Percent YoY
change
Renter occupied 105 38.9% -17.3%
Owner occupied 165 61.1% -21.4%
Unoccupied housing units
13.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Shoals housing costs

Housing costs in Shoals come to a median of $534 per month, while tenants specifically pay a median gross rent of $383.

Median housing costs per month
$534/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Shoals
$383/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Shoals

Shoals education at a glance

About 70.9% of the population in Shoals went to high school, while 12.3% pursued college studies. Another 6.3% earned an associate degree and 3.8% hold a bachelor’s. Meanwhile, 4.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 14 2.5% 40.0%
High school diploma 393 70.9% -0.2%
College diploma 68 12.3% 13.3%
Associate degree 35 6.3% -48.5%
Bachelor's degree 21 3.8% -47.5%
Graduate degree 23 4.2% -20.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Shoals

How much people earn in Shoals

The average annual household income in Shoals was $54,217 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -7.8% change from the previous year. At the same time, the median income stood at $38,333, reflecting a -11.5% shift over the same period.

Average household income in Shoals
$54,217/year
-7.8% year-over-year change
Median household income in Shoals
$38,333/year
-11.5% year-over-year change

Shoals income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $51,607 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $23,750, while those led by someone over 65, many of whom may be retired, have about $31,250 in earnings. Overall, 80.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $23,750 -0.4%
45 - 64 $51,607 -12.5%
Over 65 $31,250 -9.9%
Above poverty level
499
Below poverty level
123
Value Percent YoY
change
Above poverty level 499 80.2% -1.0%
Below poverty level 123 19.8% -1.6%

Average renter income in Shoals

To get a better sense of what renters earn on average in Shoals, their median household income was $16,250 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 28.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$16,250
Rent-to-income ratio
28.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Shoals

Workforce and job types in Shoals

The job market in Shoals is powered by 285 working residents, spread across a range of industries and roles. 89.8% of the working population are employed in professional or administrative positions, while 10.2% are in hands-on or service-based jobs. Also, 3.2% run their own businesses, 63.9% are employed by private companies, and 11.9% work in the public sector.

Workforce demographics

Working population
285
-14.2% year-over-year change
White collar
256
Blue collar
29
Value Percent YoY change
White collar 256 89.8% -12.0%
Blue collar 29 10.2% -29.3%
Employer type
Self employees
3.2%
Private companies
63.9%
Governmental workers
11.9%
Not for profit companies
21%
Value Percent YoY change
Self employees 9 3.2% 0.0%
Private companies 182 63.9% -14.6%
Governmental workers 34 11.9% 9.7%
Not for profit companies 60 21% -24.1%
Unemployment rate
0.7%

Available workforce

The unemployment rate in Shoals stands at 0.7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Shoals

How people get around in Shoals

Commuting methods vary: 87.7% of residents travel by personal vehicle and 4.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 250 87.7% -16.7%
Walk 14 4.9% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Shoals by zipcode?

Zipcode Population Number of households Median income Average income
47581 3,009 1,133 $59,776 $81,780

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FAQs about Shoals demographics 

What is the total population of Shoals?

Shoals has a total population of 679 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.0% compared to a year ago.

What is the gender ratio in Shoals?

The gender ratio in Shoals is as follows:
  • 52.6% males (357 residents)
  • 47.4% females (322 residents)

What is the median age in Shoals?

The median age in Shoals is 43.4.

What is the age distribution of the population in Shoals?

The age distribution in Shoals is as follows:
  • Under 15: 11.3% (77 residents)
  • Ages 15-24: 18% (122 residents)
  • Ages 25-44: 25.3% (172 residents)
  • Ages 45-64: 21.5% (146 residents)
  • Over 65: 23.9% (162 residents)

What is the racial and ethnic makeup of Shoals?

The racial and ethnic makeup of Shoals is as follows:
  • White: 94.6% (642 residents)
  • Black or African American: 1.6% (11 residents)
  • American Indian and Alaska Native: 0.3% (2 residents)
  • Asian: 0.6% (4 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3% (20 residents)
  • Other: 0% (0 residents)

What percentage of the population in Shoals are U.S.-born citizens?

U.S.-born citizens represent 99.4% of the population in Shoals.

How many housing units are there in Shoals?

There are 311 housing units in Shoals, reflecting a -17.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Shoals and what is the average household size?

Shoals has a total of 270 households, with an average of 2 people in each.

What is the median household income in Shoals?

Shoals has a median household income of $38,333, representing a -11.5% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Shoals?

The employment rate is 99.3% in Shoals, with a workforce of 285 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 89.8% (256 residents)
  • Blue-collar workers: 10.2% (29 residents)

Places of employment:
  • Self-employed: 3.2% (9 residents)
  • Private companies: 63.9% (182 residents)
  • Governmental workers: 11.9% (34 residents)
  • Not-for-profit companies: 21% (60 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025