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CITY · 2020 ACS

Shoals

Indiana · 677 residents · 1.824 sq mi
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The short version

Shoals has notably lower household income than the US average, with a median household income of $32,784. Population has fallen 16% since 2000, a loss of 130 residents. 7% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $76,700. With a median age of 46.9, the population is older than the US median of 38.8. Households here earn about 44% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.9
US median: 38.8
Less educated
7% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
677
−16%since 2000
from 807 in 2000
1990 – 2025
Population density
371 / sq mi
−16%since 2000
from 442 / sq mi in 2000
US average: 280
Median age
46.9
+6%since 2000
from 44.3 in 2000
US average: 38.8
Population, 1990 – 2024
5276337408469531990201020202024Shoals
2024679
1990201020202024
Section 02

Income & economy

Median household income
$32,784
−8%inflation adjusted, since 2000
from $23,750 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,015
+111%since 2000
from $14,234 in 2000
US average: $35,364
Households earning $100K+
16.5%
+5.9 ptssince 2009
from 10.6% in 2009
US average: 43.9%
Poverty rate
16.6%
−3.8 ptssince 2000
from 20.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information24.5%
US avg: 11.1%
Retail trade19.1%
US avg: 10%
Finance & insurance9.4%
US avg: 5.5%
Professional, scientific, technical9.4%
US avg: 4.7%
Other services2.9%
US avg: 6.6%
Wholesale trade1.1%
US avg: 6.7%
Transportation & warehousing0.7%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$76,700
+9%inflation adjusted, since 2000
from $46,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$292
−39%inflation adjusted, since 2000
from $316 in 2000
US average: $1,124
Owner-occupied
66.6%
−5.6 ptssince 2000
from 72.1% in 2000
33.4% rent
Afford Score
2.3
+18%since 2000
from 2.0 in 2000
1990 – 2024
RELATED:See current rent listings in Shoals on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.4%(778)
Black0.9%(7)
Hispanic / Latino1.5%(12)
Asian0%(0)
Other0%
Diversity Score5.9%(47)
2020
White, non-Hispanic92%(623)
Black0.3%(2)
Hispanic / Latino1.3%(9)
Asian0%(0)
Other0%(0)
Diversity Score4.3%(29)
Diversity Score
4
−27%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
7.4%
+3.1 ptssince 2000
from 4.4% in 2000
US average: 32.9%
High school or higher
82.5%
+15.8 ptssince 2000
from 66.7% in 2000
US average: 88.5%
Graduate degree
3.3%
+0.5 ptssince 2000
from 2.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.4 min
+9%since 2000
from 18.6 min in 2000
US average: 26.9
Drive alone to work
83.8%
+3.9 ptssince 2009
from 79.9% in 2009
US average: 75.1%
No vehicle available
16.8%
+6.4 ptssince 2009
from 10.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−15.1 ptssince 2011
from 15.1% in 2011
US average: 5.4%
Labor force participation
43.6%
+2.7 ptssince 2011
from 40.9% in 2011
US average: 63.4%
Management & professional
22.7%
−48.5 ptssince 2009
from 71.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.5%
−5.1 ptssince 2009
from 53.5% in 2009
Female
51.5%
+5.1 ptssince 2009
from 46.5% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
9.1%
−70.2 ptssince 2013
from 79.3% in 2013
US average: 8.8%
Drill deeper

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Compare Shoals to nearby cities

SHOALS VS
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Home value$152,200+98%
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SHOALS VS
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SHOALS VS
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SHOALS VS
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Frequently asked

How many people live in Shoals, Indiana?

Shoals, Indiana has about 677 residents according to the 2020 American Community Survey.

What is the median household income in Shoals, Indiana?

The typical household in Shoals, Indiana earns about $32,784 a year. Half of households make more than that, and half make less.

Is Shoals, Indiana expensive?

In Shoals, Indiana, the median home is worth about $76,700, and the typical rent is about $292 a month.

How educated are people in Shoals, Indiana?

About 7.4% of adults age 25 and over in Shoals, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Shoals, Indiana?

About 16.6% of people in Shoals, Indiana live below the federal poverty line.

Has Shoals, Indiana grown since 1990?

Yes, Shoals, Indiana has shrunk since 1990. The population has lost about 183 residents, a change of about -21 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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