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
Compare with nearby places
Places of similar size in Indiana.
- Dale town 1,569
- Cannelton city 1,506
- Daleville town 1,503
- Odon town 1,458
- Redkey town 1,451
- Montpelier city 1,444
- Trafalgar town 1,433
Keep going
More Indiana coverage.