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ZipNumbers

Indiana · Census place 56682

Oolitic town, IN

Quick answer

Oolitic town has 1,461 residents, ranking #279 of 976 places in Indiana. Median household income is $61,696, the median home is worth $141,700 and median gross rent runs $681 a month.

Population
1,461Oolitic town residents
Median household income
$61,696Past 12 months, inflation adjusted
Median home value
$141,700Owner-occupied units
Median gross rent
$681Rent plus utilities, monthly
Median age
43.7 yrsAll residents
Homeownership rate
67.2%Owner-occupied households

What the numbers mean in Oolitic town

Housing cost measured against local earnings.

A household earning the Oolitic town median would spend about 13.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.1% of residents and 67.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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