Income & Economy in Shoals town, IN (47581)
Median Income
$56,864
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+130
Wealth inflow
Population
2,828
Unemployment
0.8%
3.0pp below US avg
IRS migration statistics show a net inflow of about 130 for ZIP 47581 (Shoals town, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 47581 (2020–Present)
Since 2020, population declined 19.5%, median income fell 6.4% (inflation-adjusted), home values decreased 5.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,864 |
| Unemployment | 0.8% |
| Establishments | 60 |
| Employees | 735 |