47581 ZIP Code Profile, Map, Data & Demographics

Preferred Name, USPS

Shoals, IN 47581

Not Acceptable, USPS

Cale, IN 47581

Dover Hill, IN 47581

East Shoals, IN 47581

Halbert, IN 47581

Hindostan Falls, IN 47581

Hindostan Fls, IN 47581

Indian Springs, IN 47581

Ironton, IN 47581

Rollins, IN 47581

Trinity Sprgs, IN 47581

Trinity Springs, IN 47581

Willow Valley, IN 47581

Windom, IN 47581

ZIP Code Type: STANDARD
County: Martin County
Centroid: Latitude 38.75, Longitude -86.767
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47581 has segments in 2 Counties (Martin, Orange).

Businesses Addresses: 92
PO Box Addresses: 300
Residential Addresses: 1,368

Multi-Family Addresses: 0
Single Family Addresses: 1,368

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2025, Maps updated: May 1, 2024.

Shoals, IN 47581 Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	3,463 (100%)
Population in Households	3,391 (97.9%)
Population in Families	2,678 (77.3%)
Population in Group Quarters¹	72 ( 2.1%)
Population Density	25
Diversity Index²	15


INCOME
Median Household Income	$65,248
Average Household Income	$82,678
% of Income for Mortgage⁴	17%
Per Capita Income	$34,669
Wealth Index⁵	65
Socioeconomic Status Index⁶	Moderate (49.2)

HOUSING
Total HU (Housing Units)	1,723 (100%)
Owner Occupied HU	1,165 (67.6%)
Renter Occupied HU	285 (16.5%)
Vacant Housing Units	273 (15.8%)
Median Home Value	$172,500
Average Home Value	$214,461
Housing Affordability Index³	138

HOUSEHOLDS
Total Households	1,450
Average Household Size	2.34
Family Households	891
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Shoals, IN 47581 - Peer Comparisons by Rank and Percentile

The table below compares 47581 to the other 763 ZIP Codes in Indiana by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.09%	-0.02%
Households	0.22%	0.11%
Families		-0.20%
Median Household Income		3.37%
Per Capita Income		1.87%
Owner Occupied HU		0.39%

Variable Description	Rank	Percentile
Total Population	# 374	51st
Population Density	# 704	8th
Median Household Income	# 529	31st
Housing Affordability Index	# 587	77th
Per Capita Income	# 423	45th
Diversity Index	# 555	28th

47581 ZIP Code Profile, Map, Data & Demographics

ZIP Code 47581: Basic Data & USPS Preferred City Name

Shoals, IN 47581 Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Shoals, IN 47581 - Peer Comparisons by Rank and Percentile

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