Shoals, Indiana
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Steady. Within 1% of 2020, every year since.
677
people, the 366th-largest of Indiana's cities and towns.
Census Population Estimates, 2025. Rank among Indiana's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
9 in 10 jobs here go to people who live somewhere else.
93.6%
of 388 jobs located in Shoals are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is down 9% since the 2005–2009 survey, before inflation.
$383
a month. Indiana's median is $1,062.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent jumps $246.
A $246 gap between neighbors, the sharpest rent edge between adjacent tracts in Martin County.
- $566 Tract 9503
- $812 Tract 9502
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
Local wages can carry more rent than the median charged today.
$849–$1,274
is the monthly rent range local workforce wages support.
- $383 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 94% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.3–1.3% to the 311 homes here.
1–4
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 31% less than Indiana's.
$151,500
median home value in Shoals.
- $151,500 Shoals
- $218,200 Indiana
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year