The labor force participation rate in Shadeland is 62.8%, with an unemployment rate of 3.5%. For people located in the work force, the common commute time is 20 minutes. 10.7% of Shadeland’s populace have a masters diploma, and 16.3% posses a bachelors degree. For all those without a college degree, 28.3% have at least some college, 38.4% have a high school diploma, and just 6.3% possess an education less than high school. 5.9% are not included in medical insurance.
Shadeland, IN is found in Tippecanoe county, and has a residents of 1916, and exists within the higher Lafayette-West Lafayette-Frankfort, IN metropolitan area. The median age is 43.2, with 9.5% for the population under 10 years of age, 13.1% between ten-nineteen several years of age, 11.9% of residents in their 20’s, 10.9% in their thirties, 11.4% in their 40’s, 16.7% in their 50’s, 13.8% in their 60’s, 9.7% in their 70’s, and 3% age 80 or older. 51% of inhabitants are male, 49% female. 56.3% of inhabitants are reported as married married, with 12% divorced and 27.5% never married. The percentage of women and men identified as widowed is 4.2%.
The typical household size in Shadeland, IN is 2.97 household members, with 76.2% being the owner of their own homes. The mean home cost is $183779. For individuals paying rent, they pay an average of $819 monthly. 50.5% of homes have dual incomes, and a median household income of $75069. Median income is $32889. 8.8% of town residents are living at or beneath the poverty line, and 12.4% are handicapped. 7% of residents of the town are ex-members associated with the armed forces of the United States.