| ZIP Code | 47451 |
|---|---|
| City | Oolitic |
| State | Indiana (IN) |
| County | Lawrence County |
| Area Code | 812/930 |
| Elevation | 560 ft |
| Latitude | 38.891758 |
|---|---|
| Longitude | -86.525364 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18093 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 5.8% ▼ 42% below avg |
| College Grads | 41.3% ≈ Avg |
| Unemployment | 1.7% ▼ 66% below avg |
| No HS Diploma | 11 (1.1%) |
| HS Graduate | 254 (24.5%) |
| Some College | 168 (16.2%) |
| Associates | 175 (16.9%) |
| Bachelors | 136 (13.1%) |
| Graduate Degree | 291 (28.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,125 ▼ 17% below avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $131,300 ▼ 53% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $681/mo ↑ 15% since 2019 |
| Total Units | 720 |
| Vacant Units | 122 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 720 |
|---|---|
| Vacant | 122 |
| Owner Occupied | 68.1% |
| Renter Occupied | 31.9% |
| Avg HH Size | 2.55 |
ZIP code 47451 is located in Oolitic, Indiana, within Lawrence County. With a population of 1,523, this is a sparsely populated ZIP code with a middle-aged community — the median age is 43.1 years. Economically, 47451 is a solidly middle-class ZIP code: the median household income of $63,125 is below the national average.
Real estate in ZIP code 47451 represents one of the more affordable housing markets in the country. The median home value of $131,300 is well below the national average. Renters can expect to pay around $681 per month in median rent. Homeownership is strong here — 68.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 47451 is primarily White (86.34%). Residents are well-educated — 41.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.8%. Household income has grown by 34% since 2019.
The unemployment rate in 47451 stands at 1.7%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 47451 in Oolitic, IN is characterized as solidly middle-class, well-educated, a middle-aged community, and predominantly owner-occupied. With 1,523 residents, a median household income of $63,125, and a median home value of $131,300, it offers a clear picture of life in this part of Indiana.