Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $131,300 ▼ 53% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $681/mo |
| Total Housing Units | 720 |
| Vacant Units | 122 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oolitic is a city in Indiana, located in Lawrence County. The city spans 1 ZIP code and is home to approximately 1,523 residents. It is a middle-aged city, with a median age of 43.1 years.
Economically, Oolitic is a solidly middle-class community. The median household income of $63,125 is below the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 1.7%, well below the national average.
The real estate market in Oolitic is one of the more affordable housing markets in the country. Median home values stand at $131,300, which is well below the national average. Renters typically pay around $681 per month. Homeownership is high at 68.1%, typical of suburban and family-oriented communities.
The population of Oolitic is well-educated. 41.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (86.34%).
Oolitic, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47451 | 1,523 | $63,125 | $131,300 | $681 | 1.7% | 41.3% | 68.1% |