In 1949, the south shore of Indian Rocks Beach, Florida became its own town, called Indian Rocks Beach South Shore. The town continued to go by that name until July 24, 1973 when the name was changed to Indian Shores. Members of Council at this historic occasion were Mayor Lambertus Seynders, Vice Mayor Howard E. Mann, James A. Roesler, William J. Coppenhaver, Ruth E. Paulson, Gordon E. Hall, Rollin R. Savage, Samuel L. Clark and Robert M. Quin, Council Members.
A notable tourist attraction of Indian Shores was Tiki Gardens, a South Seas island paradise imitation which housed exotic birds, Polynesian statues, and tropical flowers. The theme park closed down in the 80's and was bought up by a developer hoping to turn the large lot into a high quality hotel. The town purchased the lot back from the developer and it instead became a parking lot for public beach access.
The Town of Indian Shores today has a Town Square Nature Park, which features long boardwalks through the mangroves for a truly unique Indian Shores experience. The town hall of Indian Shores has a small library which is only open two days a week, but is open to all Indian Shores residents. The Indian Shores library is known to carry more new release books than even the Tampa Public Library System.
As of the censusGR2 of 2000, there were 1,705 people, 989 households, and 483 families residing in the town. The population density was 1,994.9/km² (5,097.7/mi²). There were 2,547 housing units at an average density of 2,980.0/km² (7,615.2/mi²).
There were 989 households out of which 5.8% had children under the age of 18 living with them, 41.1% were married couples living together, 5.2% had a female householder with no husband present, and 51.1% were non-families. 42.8% of all households were made up of individuals and 17.7% had someone living alone who was 65 years of age or older. The average household size was 1.72 and the average family size was 2.26.
In the town the population was spread out with 6.1% under the age of 18, 2.6% from 18 to 24, 19.2% from 25 to 44, 40.0% from 45 to 64, and 32.1% who were 65 years of age or older. The median age was 56 years. For every 100 females there were 96.4 males. For every 100 females age 18 and over, there were 93.6 males.
The median income for a household in the town was $45,000, and the median income for a family was $61,641. Males had a median income of $45,375 versus $35,875 for females. The per capita income for the town was $40,002. About 5.4% of families and 6.9% of the population were below the poverty line, including 9.3% of those under age 18 and 9.8% of those age 65 or over.