Shoals, IN
Full City Profile · Indiana · Martin County County
2.9
/5.0
C+
Fair
700
Population
385/sq mi density
$43,304
Median Income
$28,793 per capita
$114,300
Home Value
$175,760 Zillow
$500
Median Rent
29.0% income on rent
56°F
Avg Temperature
290 sunny days/yr
234
Violent Crime/100K
943 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$43,304 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$114,300 home value, $500/mo rent
F
Safety
1.0 / 5.0
234 violent crimes/100K
C
Education
2.0 / 5.0
12.8% bachelor's degree or higher
Income Overview
Median Household Income
$43,304
42% below
US avg: $75,149
Per Capita Income
$28,793
26% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
14.0%
13% above
US avg: 12.4%
Income Comparison: Shoals vs. U.S. Average
Each bar shows Shoals’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$43,304
58%
Per Capita
US: $39,052
$28,793
74%
IRS Avg AGI
US: $72,000
$61,374
85%
Avg Weekly Wage
US: $1,432
$1,622
113%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,622
13% above US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
2.1%
86% below US avg (15.2%)
Drive Alone
84.3%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,635M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.3%
Public Transit
0%
Work From Home
2.1%
Other
13.6%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
279
Restaurants
20
Healthcare
15
Retail
30
Manufacturing
11
Tax & Financial
IRS Avg Adjusted Gross Income
$61,374
15% below US avg ($72,000)
Avg Property Tax
$1,644
53% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $43,304 |
| Per Capita Income | $28,793 |
| IRS Avg Adjusted Gross Income | $61,374 |
| Avg Weekly Wage | $1,622 |
| County GDP | $1,635M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 14.0% |
| Gini Coefficient | 0.414 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 84.3% |
| Public Transit | 0.0% |
| Work From Home | 2.1% |
Businesses
| Total Establishments | 279 |
| Restaurants | 20 |
| Healthcare | 15 |
| Retail | 30 |
| Manufacturing | 11 |
Tax
| IRS Avg AGI | $61,374 |
| Avg Property Tax | $1,644 |
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