What percentage of people rent in Shoals, IN?

Name: Renters and owners in Shoals, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

38.9% (±11.2 points) of the occupied homes in Shoals, IN are rented (2020–2024 American Community Survey).

That is 105 renting households against 165 that own their home.

In Shoals, the share of households that rent went from 31.8% in 2015–2019 to 38.9% in 2020–2024 (+7.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 38.9% (±11.2 points)
Renting households: 105 (±38)
Median renter income: $20,313 (±$17,517)

Who rents and who owns in Shoals

Tenure, estimate (90% margin of error)
	Shoals	Martin County	Indiana	United States
Renter-occupied share	38.9% (±11.2 points)	21.5% (±4.3 points)	29.4% (±0.3 points)	34.8%
Renting households	105 (±38)	839 (±184)	799,766 (±7,038)	45,017,354
Owning households	165 (±50)	3,065 (±186)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.4 (±1.2)	1.9 (±0.3)	2.2 (±0.0)	2.3
Average owner household size	2.3 (±0.6)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$20,313 (±$17,517)	$37,472 (±$9,587)	$42,811 (±$480)	$52,966
Median owner household income	$50,417 (±$23,283)	$78,186 (±$4,822)	$87,459 (±$395)	$100,009

In Shoals, the renter share is higher than in Martin County (21.5%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Martin County, Shoals ranks 2 of 9 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 120 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Shoals has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	31.8% (±11.3 points)	38.9% (±11.2 points)	+7.1 percentage points	Not a measurable change
Median gross rent	$459 (±$112)	$383 (±$350)	−16.6%	No measurable change after inflation
Median household income	$38,125 (±$12,888)	$38,333 (±$15,957)	+0.5%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Shoals

Nearest places with a published estimate, compared with Shoals
Place	Distance	Households that rent	Compared with this place
Shoals	—	38.9% (±11.2 points)	—
Center Township (Martin County)	1.7 mi	21.5% (±6.3 points)	Lower
Halbert Township	3.3 mi	10.1% (±8.5 points)	Lower
Loogootee	6.5 mi	30.6% (±9.5 points)	Not measurably different
Lost River Township	6.9 mi	0.0% (±19.2 points)	Lower
Perry Township (Martin County)	8.3 mi	25.3% (±6.8 points)	Lower
Rutherford Township	8.4 mi	23.2% (±16.2 points)	Not measurably different
Northwest Township	9.4 mi	4.4% (±7.8 points)	Lower
Cannelburg	11 mi	30.0% (±16.7 points)	Not measurably different

Nearby places with a measurably lower figure: Center Township (Martin County), IN (21.5%), Halbert Township, IN (10.1%), Lost River Township, IN (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Martin County, place by place

Rank	Place	Households that rent
1	Crane	75.2% (±16.9 points)
2	Shoals	38.9% (±11.2 points)
3	Loogootee	30.6% (±9.5 points)
4	Perry Township (Martin County)	25.3% (±6.8 points)
5	Mitcheltree Township	24.1% (±23.0 points)
6	Rutherford Township	23.2% (±16.2 points)
7	Center Township (Martin County)	21.5% (±6.3 points)
8	Halbert Township	10.1% (±8.5 points)

Showing 8 of 9 places in Martin County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Shoals

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Questions about Shoals

How many renters are there in Shoals?

Shoals has an estimated 105 (±38) renting households, 38.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Shoals?

In Shoals, the share of households that rent went from 31.8% in 2015–2019 to 38.9% in 2020–2024 (+7.1 percentage points), not a measurable change.

How big are renting households in Shoals?

A renting household in Shoals has 2.4 people on average, against 2.3 in an owned home.

How much do renters earn in Shoals?

The median renting household in Shoals, IN has an income of $20,313 (±$17,517) a year, against $50,417 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Shoals town, Indiana (place:69552, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.