Oolitic town, Indiana Demographics & Population 2026

Name: Oolitic town, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

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Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Oolitic town, Indiana has a total population of 1,461, the 279th largest city in Indiana, with a median household income of $61,696, which is 12% lower than the state average. The poverty rate is 5.1%.

Key Takeaways

Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Near full employment with an unemployment rate of just 1.7%.

Oolitic town Quick Facts

Population 1,461

Median Household Income $61,696

Median Home Value $141,700

Poverty Rate 5.1%

Unemployment Rate 1.7%

Median Age 43.7 years

Homeownership Rate 67.2%

Affordability Ratio 2.3x

Bachelor's Degree or Higher 27.3%

High School Graduation Rate 91.9%

Diversity Index 24/100

Population 1,461 279th of 967

Median Income $61,696 average

Poverty Rate 5.1% 59% lower national

Median Home Value $141,700 average

How Oolitic town Compares

Median Household Income

Oolitic town

$61,696

$70,051

National

$78,538

Median Home Value

Oolitic town

$141,700

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 11.2%

$25K-$50K 22.3%

$50K-$100K 37.0%

$100K+ 29.5%

Employment

1.7% Unemployment Rate State: 4.3% | National: 5.2%

57.0% Labor Force Participation

Housing Overview

Owner 67.2%

Renter 32.8%

Affordability Index Very Affordable

2.3x home value to income ratio

People & Demographics

Age Distribution

Under 18

17.4%

18-34

18.9%

35-54

24.2%

55-74

33.2%

75+

6.3%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Oolitic town Rankings in Indiana

#279 Population of 967

#416 Median Income of 967

#187 Education of 967

#354 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Oolitic town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Fairview Park town	1,426	$58,929	$109,300	17.5%	11.1%
Otterbein town	1,414	$63,676	$137,400	18.6%	5.5%
South Whitley town	1,412	$59,191	$130,300	11.3%	14.1%
Dale town	1,569	$58,508	$119,200	10.0%	4.0%
Daleville town	1,503	$52,202	$101,700	20.5%	13.5%

Population Overview

Oolitic town is a small community located in Indiana. The total population is 1,461. It ranks as the 279th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Oolitic town is 43.7 years. This is 15% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Oolitic town is $61,696. This is 12% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 5.1%. This is 58% lower than the state poverty rate of 12.2%. The unemployment rate is 1.7%. This is 60% lower than the state rate of 4.3%. The median home value is $141,700. Housing costs are 30% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.3x, Oolitic town is one of the most affordable housing markets in the area. 67.2% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.3%.

Race & Ethnicity

Oolitic town has a predominantly White (non-Hispanic) population, comprising 85.8% of all residents. Asian residents account for 0.2%. The Black or African American population (0.1%) is well below the state average of 9.1%. The Asian population (0.2%) is well below the state average of 2.5%.

Education

27.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Oolitic town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Oolitic town, Indiana?

Oolitic town, Indiana has a population of 1,461 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oolitic town, IN?

The median household income in Oolitic town is $61,696, which is 21% lower the national median of $78,538.

What is the poverty rate in Oolitic town, IN?

The poverty rate in Oolitic town is 5.1%. This means approximately 75 residents live below the federal poverty line.

What is the racial makeup of Oolitic town, Indiana?

Oolitic town's population is 85.8% White, 0.1% Black, 0.0% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Oolitic town, IN?

The median home value in Oolitic town is $141,700. The home-value-to-income ratio is 2.3x.

How educated is Oolitic town, Indiana?

27.3% of adults (25+) in Oolitic town hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.