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Living In Oolitic, IN

Oolitic, a small town in Indiana, has a population of just over 1,000. Retirees are commonplace, as they make up 20% of the population compared to 14% nationally, while young adults are less well-represented. With an average age of just over 41, the town's population is older than most cities in Indiana. Renters tend to be in the minority in the town, and 70% of residents own their homes. With a relatively low average rent of $615/month in the town, renting remains an affordable option, particularly compared to other cities in Indiana. Over the course of a year, renters in Oolitic will save around $2,600 compared to the state average.

There are three primary industries in Oolitic: manufacturing, retail, and healthcare. Together, these industries make up 26% of the town's workforce. Meanwhile, in terms of job function, many workers in these industries are in transportation, as 7% of the town's population reports this as their field of work, the highest number of any career path. Oolitic workers earn an average annual income of just under $51K, around $11,000 less than the state average. The town's average income also trails the national average of $73,345. Compared to the national average (5%), Oolitic has a relatively large concentration of residents over the age of 25 who have earned an Associate's degree (7%). In addition, 2% have a Bachelor's degree and 2% have earned a Master's degree or Doctorate.

With an average commute time of about 24 minutes, shorter than most cities in the state, Oolitic residents have found that it isn't overly time-consuming to get to work. Many residents (44%) drive to work, while public transportation isn't used. Walking (2%) isn't a common way to get to work, though the number surpasses the national average.

Frequently Asked Questions About Oolitic

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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