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Oolitic, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,522
Population
$59,018
Median Income
$138,200
Home Value
46.9
Median Age

Demographics

Oolitic has a population of 1,522 with a median age of 46.9. Here is the racial and ethnic breakdown of the population:

White
85.4%
Other
14.2%
Demographic Value
Total Population1,522
Median Age46.9
White85.4%
Black or African American0.3%
Asian0.1%
Other / Two or More Races14.2%
Oolitic, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 85.4%Other: 14.2%Other: 0.4%1,522PopulationWhiteWhite85.4%OtherOther14.2%OtherOther0.4%

Income & Economy

The median household income in Oolitic is $59,018, which is 26.8% below the national median of $80,610. The per capita income is $31,436. The poverty rate is 3.1%.

$59,018
Median Household Income
$31,436
Per Capita Income
3.1%
Poverty Rate

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Education

In Oolitic, 89.0% of residents age 25+ have a high school diploma or higher, and 26.0% hold a bachelor's degree or higher (3.6% with a graduate or professional degree).

HS Diploma+
89.0%
Bachelor's+
26.0%
Graduate+
3.6%
Education Level % of Adults (25+)
High School Diploma or Higher89.0%
Bachelor's Degree or Higher26.0%
Graduate or Professional Degree3.6%

Housing

The median home value in Oolitic is $138,200, below the national median of $303,400. The median monthly rent is $814. The homeownership rate is 67.5%.

$138,200
Median Home Value
$814/mo
Median Rent
67.5%
Homeownership Rate
Housing Metric Value
Median Home Value$138,200
Median Monthly Rent$814
Homeownership Rate67.5%
Vacancy Rate16.5%

Salaries in Indiana

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Frequently Asked Questions

What is the population of Oolitic, Indiana?
The population of Oolitic, Indiana is 1,522 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oolitic, Indiana?
The median household income in Oolitic, Indiana is $59,018. This is 26.8% below the national median of $80,610.
What is the median home value in Oolitic, Indiana?
The median home value in Oolitic, Indiana is $138,200. The median monthly rent is $814.
What percentage of people in Oolitic have a college degree?
In Oolitic, Indiana, 26.0% of adults age 25 and older hold a bachelor's degree or higher, and 89.0% have a high school diploma or higher.
Is Oolitic, Indiana an affordable place to live?
The home price-to-income ratio in Oolitic, Indiana is 2.3x (median home value $138,200 vs. median income $59,018), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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