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Oolitic, IN&

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0.92% growth
Median Age
Median Household Income
8.89% decline
Poverty Rate
Number of Employees
2.6% growth
Median Property Value
1.69% decline


The economy of Oolitic, IN employs 473 people. The economy of Oolitic, IN is specialized in Mining, Quarrying, Oil, Gas Extraction; Manufacturing; and Public Admin., which employ respectively 5.45; 2.41; and 2.3 times more people than what would be expected in a location of this size. The largest industries in Oolitic, IN are Manufacturing (110), Healthcare & Social Assistance (58), and Retail trade (54), and the highest paying industries are Transportation & Warehousing ($45,625), Professional, Scientific, Tech Services ($40,417), and Admin., Support, Waste Management Services ($26,250).

Median household income in Oolitic, IN is $41,838. Males in Oolitic, IN have an average income that is 1.32 times higher than the average income of females, which is $36,853. The income inequality of Oolitic, IN (measured using the Gini index) is 0.44 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Oolitic, IN. In Lawrence County, IN the age groups most likely to have health care coverage are 6-17 and 55-64, men and women, respectively. The location has a 1 to 35 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,229. Lake County, IN has the highest prevalence of homicides of any county in Indiana.


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The closest comparable data for the census place of Oolitic, IN is from the county of Lawrence County, IN.

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Oolitic, IN is home to a population of 1,101 people, from which 99% are citizens. The ethnic composition of the population of Oolitic, IN is composed of 1,082 White residents (98.3%), 10 Two+ residents (0.91%), 9 Asian residents (0.82%), 0 Other residents (N/A), and 0 Hawaiian residents (N/A). The most common foreign languages in Oolitic, IN are Spanish (0 speakers), French (0 speakers), and French Creole (0 speakers), but compared to other places, Oolitic, IN has a relative high number of French (0 speakers), French Creole (0 speakers), and Spanish (0 speakers).


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In 2015 universities in Indiana awarded 105,518 degrees. The student population of Indiana is skewed towards females, with 43,645 male students and 61,873 female students. Most students in Indiana are White (76,649 and 72.6%), followed by Black or African American (8,515 and 8.07%), Hispanic or Latino (4,659 and 4.42%), and Unknown (3,835 and 3.63%). The largest universities in Indiana by number of graduates are Ivy Tech Community College (20,401 and 19.3%), Indiana University-Bloomington (11,491 and 10.9%), and Purdue University-Main Campus (10,746 and 10.2%). The most popular majors in Indiana are Registered Nursing (4,655 and 4.41%), General Business (2,986 and 2.83%), and General Business Administration & Management (2,679 and 2.54%). The median tuition costs in Indiana are $30,500 for private four year colleges, and $8,546 and $24,766 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Oolitic, IN is $87,400, which is 0.43 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $88,900 to $87,400, a 1.69% increase. The homeownership rate of Oolitic, IN is 78.4%, which is higher than the national average of 63.6%. People in Oolitic, IN have an average commute time of 24.7 minutes, and they commute by Drove Alone. Car ownership in Oolitic, IN is higher than the national average, with an average of 3 cars per household.


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