Shoals is a town in Center and Halbert townships, Martin County, in the U.S. state of Indiana. The population was 756 at the 2010 census.
Shoals is the county seat of Martin County. The community is best known for the Jug Rock, the only free-standing table rock formation east of the Mississippi River. The Shoals Catfish Festival is held annually on the July 4th holiday weekend.