Indiana · Census place 69552
Shoals town, IN
Quick answer
Shoals town has 700 residents, ranking #440 of 976 places in Indiana. Median household income is $43,304, the median home is worth $114,300 and median gross rent runs $500 a month.
- Population
- 700Shoals town residents
- Median household income
- $43,304Past 12 months, inflation adjusted
- Median home value
- $114,300Owner-occupied units
- Median gross rent
- $500Rent plus utilities, monthly
- Median age
- 48.6 yrsAll residents
- Homeownership rate
- 62.3%Owner-occupied households
What the numbers mean in Shoals town
Housing cost measured against local earnings.
A household earning the Shoals town median would spend about 13.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.1% of residents and 62.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Clarks Hill town 706
- Boswell town 703
- Cromwell town 703
- Nineveh CDP 694
- Windfall City town 693
- Mecca town 670
- Lakeville town 669
Keep going
More Indiana coverage.