Oolitic, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Oolitic, Indiana had a total population of 1,522, the 279th largest town in Indiana, with a median household income of $59,018, which is 18% lower than the state average. The poverty rate is 3.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 3.1% — among the lowest in Indiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Oolitic Quick Facts
How Oolitic Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,461 | 1,522 | +4.2% |
| Median household income | $61,696 | $59,018 | -4.3% |
| Median home value | $141,700 | $138,200 | -2.5% |
How Oolitic Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Oolitic Rankings in Indiana
Explore Indiana Rankings
Other Cities in Lawrence County
Cities Similar to Oolitic
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dale | 1,542 | $61,953 | $127,200 | 10.1% | 7.6% |
| Brookston | 1,530 | $63,182 | $158,500 | 16.0% | 8.4% |
| Fairview Park | 1,470 | $62,778 | $104,800 | 16.6% | 11.6% |
| Otterbein | 1,576 | $63,698 | $158,500 | 17.4% | 8.8% |
| Arcadia | 1,556 | $66,901 | $182,900 | 18.9% | 9.5% |
Population Overview
Oolitic is a small community located in Indiana, within Lawrence County. The total population is 1,522. It ranks as the 279th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Oolitic is 46.9 years. This is 23% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Oolitic is $59,018. This is 18% lower than the state median of $71,957. It is also 27% lower than the national median of $80,734. The poverty rate stands at 3.1%. This is 75% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 8% lower than the state rate of 4.3%. The median home value is $138,200. Housing costs are 37% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.3x, Oolitic is one of the most affordable housing markets in the area. 67.5% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.5%.
Race & Ethnicity
Oolitic has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Black or African American residents account for 0.3%. The Black or African American population (0.3%) is well below the state average of 9.1%. The Asian population (0.1%) is well below the state average of 2.6%.
Education
26.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.0%.
Data Sources & Methodology
All demographic data for Oolitic, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Oolitic, Indiana?
Oolitic, Indiana has a population of 1,522 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Oolitic, IN?
The median household income in Oolitic is $59,018, which is 27% lower than the national median of $80,734.
What is the poverty rate in Oolitic, IN?
The poverty rate in Oolitic is 3.1%. This means approximately 47 residents live below the federal poverty line.
What is the racial makeup of Oolitic, Indiana?
Oolitic's population is 85.4% White, 0.3% Black, 0.0% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Oolitic, IN?
The median home value in Oolitic is $138,200. The home-value-to-income ratio is 2.3x.
How educated is Oolitic, Indiana?
26.0% of adults (25+) in Oolitic hold a bachelor's degree or higher, and 3.6% hold a graduate or professional degree.