Shenandoah School Corporation, IN

Original Research by School Decision on Shenandoah School Corporation

Shenandoah School Corporation serves a largely rural stretch of Henry County, Indiana, from prekindergarten through twelfth grade. The district’s enrollment is steady at roughly a thousand students, with the typical elementary and middle-school cohorts holding fairly even and a slight tapering at the high-school end, a pattern common in districts where some families move or switch schools in the later years. The student body is overwhelmingly white, with a very small share of Hispanic students and even smaller numbers of other racial groups. Data on free or reduced-price meal eligibility, special education identification, and English-learner status were not available, which is a gap a parent may want to discuss directly with the district to understand the level of need and support available.

On state assessments, the district’s proficiency rates across tested subjects sit modestly below half. In math and English language arts, roughly two out of five students scored at the proficient level or above. Science results were in a similar range, while social studies, tested only in grade five, edged above. When placed alongside the other districts in Henry County, Shenandoah’s overall proficiency across all tested subjects and grades ranks in the top quartile, meaning it performs at the higher end of a relatively modest local field. The district’s chronic absenteeism rate is on the lower side compared to its county peers, which is a constructive sign for consistent attendance.

The district operates three schools: Shenandoah Elementary, Shenandoah Middle, and Shenandoah High School. No information was reported about program offerings such as Advanced Placement, dual credit, career and technical education pathways, or specialized academies. A parent interested in academic breadth or postsecondary options would need to ask what courses and credentials are available, particularly at the middle and high school levels. The district’s per-pupil current spending is in the lower range among Henry County districts, which may reflect a leaner budget, though spending alone does not tell you about the quality of instruction or materials.

The housing landscape across the district’s attendance area is varied. Home values in the largest ZIP code, centered on Middletown, are in the mid-range for the region, while the New Castle area tends lower and the Markleville area somewhat higher. Rents are available in only a couple of ZIP codes and are modest. On a national scale, mortgage payments for a median-priced home here would be below the typical U.S. monthly housing cost, and rent consumes a relatively low share of income, making this a relatively affordable part of eastern Indiana. The national economic context shows a typical 30-year fixed mortgage rate hovering above six percent and unemployment at a moderate level.

The search for recent district-level changes, strategic priorities, or notable initiatives turned up little of lasting impact. No major building projects, boundary shifts, or leadership transitions were publicly reported in a way that would shape a parent’s current decision. The district appears to be in a period of stability, though the absence of detailed public information about its direction may leave some families wanting more.

Overall, Shenandoah School Corporation offers a straightforward, largely rural K-12 experience in a county where academic performance sits in a tight range. Its proficiency numbers are near the middle of the state’s typical range, and it leads its county peers in overall performance, though that lead is not a wide one. Families who value a cohesive small-district setting and want to explore course offerings and support structures further will find the schools ready to answer direct questions.

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District Context

Officially reported figures, 2024-25.

Enrollment

1,312

Grades

PK–12

Schools

Student body

Hispanic 2%

Black 0%

White 95%

Asian 0%

Two+ 3%

Am. Indian / AK Native 0%

Hawaiian / Pac. Isl. 0%

By economic status

Percent proficient by grade, as reported

Economically disadvantaged

Not disadvantaged

ELA

Gr 3

41%

67%

Gr 4

36%

53%

Gr 5

45%

63%

Gr 6

34%

41%

Gr 7

22%

43%

Gr 8

25%

42%

Math

Gr 3

59%

79%

Gr 4

51%

72%

Gr 5

53%

67%

Gr 6

37%

54%

Gr 7

18%

43%

Gr 8

12%

35%

Science

Gr 4

30%

50%

Gr 6

39%

41%

Social studies

Gr 5

48%

53%

Schools in this District

3 schools are officially reported under this district.

Shenandoah High School

Shenandoah Middle School

Shenandoah Elementary School

Academic Performance

Percent of students meeting or exceeding state standards, by grade.

Mathematics

1 grade reported

45%

Grades 3-8

English Language Arts

1 grade reported

41%

Grades 3-8

Science

1 grade reported

40%

Grades 3-8

Social Studies

1 grade reported

51%

Grade 5

Housing & Real Estate

Data as of April 2026 | District-weighted from constituent ZIP codes

Home Values

Typical home value$219,336

Year-over-year change+2.7%

Range across 8 ZIP codes$105K to $281K

vs. state typical0.85x

vs. national typical0.60x

Home value trend (12 months)

ZIP code home values (8 ZIP codes)

ZIP	City	Value	YoY	Weight
47356	Middletown	$242K	+3.4%	52.4%
47362	New Castle	$168K	+1.7%	27.4%
47384	Shirley	$224K	+1.9%	12.3%
47386	Springport	$256K	+3.0%	5.3%
46056	Markleville	$281K	+3.4%	1.0%
47334		$229K	+5.3%	0.9%
47302	Muncie	$105K	-1.9%	0.6%
47388	Sulphur Springs	$162K	+0.0%	0.2%

Rental Market

Typical monthly rent$858/mo

Year-over-year change+4.4%

Range across 2 ZIP codes$856 to $985/mo

Rent trend (12 months)

ZIP code rents (2 ZIP codes)

ZIP	City	Rent/mo	YoY	Weight
47362	New Castle	$856	+4.3%	27.4%
47302	Muncie	$985	+8.4%	0.6%

Affordability

Est. monthly mortgage (20% down at 6.48%)$1,107/mo

Home price / national median income2.6x

Annual rent / national median income12.3%

Est. mortgage exceeds rent by$248/mo

Comparison

State typical home value$256,584 (+3.0% YoY)

National typical home value$368,198 (+0.6% YoY)

State ZHVI trend (12 months)

National ZHVI trend (12 months)

Economic Context

30-year fixed mortgage rate6.48%

National unemployment rate4.3%

National median household income$83,730

CPI: Rent of shelter (index)447.05

30-year fixed mortgage rate (12 months)

National unemployment rate (12 months)

National median household income (12 months)

CPI: Rent of shelter (index) (12 months)

Sources: Zillow Home Value Index and Zillow Observed Rent Index (Zillow Group), Realtor.com via Federal Reserve Bank of St. Louis (FRED)

Data Currently Unavailable

Civil Rights Data (CRDC)

This profile is derived exclusively from publicly available federal and state datasets. It may not reflect the most current information available. We encourage parents and families to supplement this data with information published directly on the school’s website, which may include more recent figures, additional programs, or updated enrollment data.