Oolitic, IN
Population 1,461 · Indiana
About Oolitic, IN
Oolitic is a small community in Indiana with a population of 1,461 residents. The median household income is $61,696 per year, which is near the national average. The median age in Oolitic is 43.7 years.
Housing in Oolitic has a median home value of $141,700 and median monthly rent of $681. Of the 705 total housing units, the majority are owner-occupied, with 392 owner-occupied and 191 renter-occupied units.
The unemployment rate in Oolitic is 1.7% and the poverty rate is 5.1%. 27.3% of residents hold a bachelor's degree or higher. The average commute time is 23.6 minutes.
Cost of Living in Oolitic, IN
Compared to national averages, Oolitic has a median household income of $61,696 (18% below the national median of $75,149). Home values average $141,700, which is 42% below the national median. Monthly rent at $681 is 41% below the US average of $1,163. Within Indiana, Oolitic's income is 11% below the state average of $69,330, and home values are 13% below the state median of $163,409.
Why Live in Oolitic, IN?
Oolitic offers affordable housing with a median home value of $141,700, below the US average of $244,900, and rent that’s lower than the national average at $681/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($61,696) that falls below the national average. However, Oolitic’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oolitic has a population of 1,461 with a median age of 43.7 years. Compare Oolitic with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Oolitic
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Odon | 1,458 | $44,632 | $137,400 | Compare |
| Redkey | 1,451 | $40,667 | $78,300 | Compare |
| Montpelier | 1,444 | $42,833 | $77,100 | Compare |
| Trafalgar | 1,433 | $83,214 | $216,400 | Compare |
| Darmstadt | 1,428 | $96,458 | $293,200 | Compare |
| Fairview Park | 1,426 | $58,929 | $109,300 | Compare |
| Lake Dalecarlia | 1,421 | $115,588 | $313,200 | Compare |
| Nashville | 1,420 | $48,750 | $246,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oolitic With Other Cities
Frequently Asked Questions about Oolitic
What is the population of Oolitic, IN?
The population of Oolitic, IN is 1,461 according to the latest Census data.
What is the median household income in Oolitic?
The median household income in Oolitic, IN is $61,696 per year.
What is the median home value in Oolitic?
The median home value in Oolitic, IN is $141,700.
What is the average rent in Oolitic?
The median monthly rent in Oolitic, IN is $681.
What is the unemployment rate in Oolitic?
The unemployment rate in Oolitic, IN is 1.7%.