Shoals, IN
Full City Profile · Indiana · Martin County County
3.5
/5.0
B+
Good
700
Population
385/sq mi density
$43,304
Median Income
$28,793 per capita
$114,300
Home Value
$187,540 Zillow
$500
Median Rent
29.0% income on rent
56°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good 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
C
Education
2.0 / 5.0
12.8% bachelor's degree or higher
Population Overview
Total Population
700
Census 2023
Population Density
385
per square mile
Land Area
1.9
square miles (4.9 km²)
Median Age
48.6 yrs
25% above US avg (38.9 yrs)
Gender Distribution
52.1%
Male
47.9%
Female
Race & Ethnicity
| White | 90.7% US: 61.6% |
| Black | 0.9% US: 12.4% |
| Hispanic | 0% US: 18.7% |
| Asian | 0.6% US: 5.9% |
| Other | 7.8% |
City vs. U.S. Average
White
90.7%
Black
0.9%
Hispanic
0%
Asian
0.6%
Thin line = U.S. average
Language Spoken at Home
| English Only | 99% US: 78.5% |
| Spanish | 0.5% US: 13.4% |
City vs. U.S. Average
English Only
99%
Spanish
0.5%
Thin line = U.S. average
Social Characteristics
Foreign Born
0.6%
Veterans
10.3%
72% above US avg (6%)
Disability
33.1%
155% above US avg (13%)
Health Insurance Coverage
96.3%
5% above US avg (91.4%)
Uninsured
3.7%
57% below US avg (8.6%)
Income Inequality (Gini)
0.414
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 700 |
| Population Year | 2023 |
| Population Density | 385 / sq mi |
| Land Area | 1.9 sq mi |
| Median Age | 48.6 years |
Gender
| Male | 52.1% |
| Female | 47.9% |
Race & Ethnicity
| White | 90.7% |
| Black or African American | 0.9% |
| Hispanic or Latino | 0.0% |
| Asian | 0.6% |
Language
| English Only | 99.0% |
| Spanish | 0.5% |
Social Indicators
| Foreign Born | 0.6% |
| Veterans | 10.3% |
| Disability | 33.1% |
| Health Insurance | 96.3% |
| Uninsured | 3.7% |
| Broadband Access | 79.2% |
| Gini Coefficient | 0.414 |
Classification
| USDA Rural-Urban Code | 9, Nonmetro / Rural |