Shoals is a town located in Martin County, Indiana. Shoals has a 2026 population of 676. It is also the county seat of Martin County. Shoals is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 676 in 2020.
The median household income in Shoals is $38,333 with a poverty rate of 20.48%. The median age in Shoals is 43.4 years: 31.1 years for males, and 53.9 years for females. For every 100 females there are 110.9 males.
Data after 2023 is projected based on recent change
Overall: 43.4 years
Female: 53.9 years
Male: 31.1 years
There are 554 adults, (162 of whom are seniors) in Shoals.
Female: 322 (47.4%)
Male: 357 (52.6%)
The racial composition of Shoals includes 94.55% White, and smaller percentages for Two or more races, Black or African American, Asian, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 642 | 94.55% |
| Two or more races | 20 | 2.95% |
| Black or African American | 11 | 1.62% |
| Asian | 4 | 0.59% |
| Native American | 2 | 0.29% |
Shoals ' average per capita income is $28,973. Household income levels show a median of $38,333. The poverty rate stands at 20.48%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $115,536 | - |
| Families | $74,375 | $88,953 |
| Households | $38,333 | $54,217 |
| Non Families | $23,125 | $26,532 |
Average Income
Median Household Income
Poverty Rate