At a Glance
Median Income
$61,696
$34,985 per capita
Home Value
$141,700
Zillow: $180,875
Median Rent
$681/mo
17.3% of income on rent
Bachelor's Degree+
27.3%
91.9% high school+
Unemployment
1.7%
3.1% poverty rate
Obesity Rate
39.2%
13.9% smoking rate
How Oolitic Compares to the U.S. Average
Each bar shows Oolitic's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Oolitic a Good Place to Live?
A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Oolitic residents earn a median household income of $61,696 , which is 18% below the national average of $75,149.
Per capita income is $34,985. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 3.1% of residents live below the poverty line. The area is home to 906 business establishments, including 58 restaurants.
Housing & Cost of Living
The median home value in Oolitic is $141,700 , 50% below the national median of $281,900.
Zillow estimates the typical home at $180,875. Median rent is $681/month, with 17.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1964.
Education
27.3% of adults in Oolitic hold a bachelor's degree or higher
(19% below the national average).
91.9% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Oolitic has an average annual temperature of 54°F (12°C).
Winters average 31°F in January while summers reach 75°F in July. Annual precipitation totals 48.6 inches.
Data Overview
People
Population1,461
Median Age43.7 yrs
Density2,181/mi²
Male / Female46% / 54%
Foreign Born1.2%
Veterans17.6%
Economy
A
Median Income$61,696
Per Capita$34,985
Unemployment1.7%
Poverty3.1%
County GDP$1,784M
Avg Weekly Wage$949
Housing
A+
Home Value$141,700
Rent$681
Ownership67.2%
Zillow$180,875
Housing Units685
Rent Burden17.3%
Health
Obesity39.2%
Diabetes9.6%
Smoking13.9%
Heart Disease5.3%
Premature Death10,600/100K
Climate
Avg Temp54°F
Rain48.6 in/yr
Elevation565 ft
Education
B
Bachelor's+27.3%
High School+91.9%
Graduate+4.1%
School Score5.5/10
Community
2024 VoteR 75% / D 24%
Commute24 min
Broadband83.4%
Internet Speed94 Mbps
EV Stations2
Libraries2
Did You Know?
Oolitic was founded in 1896.
The median home in Oolitic was built in 1964.
The nearest airport is Terre Haute Regional (57 miles).
The Gini coefficient (income inequality) is 0.410 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.7% of the population has a disability.
The county recorded 3 fatal vehicle crashes.