HomeIndianaLawrence CountyOolitic town
Oolitic town, Indiana: commercial real estate data.
Oolitic town is a Census town of 1,522 people across 0.67 square miles of land, in Lawrence County. Median household income is $59,018, 67.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $450,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Oolitic
What Oolitic is
- Census place typetown
- Land area0.67 sq mi
- Water area0 sq mi
- Population per square mile of land2,282 plus or minus 477
- County holding the largest share of its areaLawrence County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oolitic
How many people live in Oolitic
- Population1,522 plus or minus 318
- Median age46.9 plus or minus 10.1
- Population under 18290 plus or minus 94
- Share under 1819.1 percent plus or minus 4.7
- Population 65 and over459 plus or minus 190
- Share 65 and over30.2 percent plus or minus 10.8
- Households597
- Family households401 plus or minus 85
- Share of households that are families67.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oolitic
Income and work in Oolitic
- Median household income$59,018
- Per capita income$31,436
- Civilian labor force658 plus or minus 154
- Employed632 plus or minus 153
- Unemployed26 plus or minus 17
- Unemployment rate4.0 percent plus or minus 2.4
- Adults 25 and over1,092 plus or minus 244
- Adults 25 and over with a high school diploma or higher89.0 percent
- Adults 25 and over with a bachelor degree or higher26.0 percent plus or minus 16.1
- Adults 25 and over with a graduate degree3.6 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oolitic
Housing in Oolitic
- Housing units715
- Occupied units597
- Vacant units118 plus or minus 72
- Vacancy rate16.5 percent plus or minus 9.5
- Owner occupied403 plus or minus 81
- Renter occupied194 plus or minus 76
- Ownership rate67.5 percent
- Median owner-occupied home value$138,200 plus or minus $37,901
- Median gross rent, monthly$814 plus or minus $238
- Annual rent as a share of median income16.6 percent plus or minus 5.5
- Single family units547 plus or minus 109
- Share single family76.5 percent
- Units in buildings of two or more147 plus or minus 66
- Share in buildings of two or more20.6 percent plus or minus 8.3
- Mobile homes21 plus or minus 21
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oolitic
How Oolitic gets to work
- Workers 16 and over who commute586 plus or minus 149
- Commuting under 15 minutes202 plus or minus 81
- Share commuting under 15 minutes34.5 percent plus or minus 10.6
- Commuting 30 minutes or more214 plus or minus 71
- Share commuting 30 minutes or more36.5 percent plus or minus 7.8
- Drove alone85.4 percent
- Carpooled6.8 percent plus or minus 4.3
- Public transport0.0 percent
- Walked0.5 percent plus or minus 0.9
- Worked from home7.3 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Oolitic
SBA loans in Oolitic (7(a))
- Approvals1
- Gross approval$450,000
- Average approval$450,000
- Median approval$450,000
- Ninetieth percentile approval$450,000
- Largest approval$450,000
- Jobs supported5
- Jobs per approval5.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lawrence County, not Oolitic
Lawrence County context, not Oolitic figures
These are Lawrence County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Oolitic measurements.
- Establishments in Lawrence County909
- Employment at those establishments, Lawrence County12,033
- Covered employment, Lawrence County13,507
- Average annual pay, Lawrence County$49,342
- Average weekly wage, Lawrence County$949
- Housing units permitted, Lawrence County10
- Of those, single family, Lawrence County10
- County product, 2024, Lawrence County$1,784,277,000
- County product change over the prior year, Lawrence County1.8 percent
- Average income of an arriving household, Lawrence County$50,233
Every figure in this section is published for Lawrence County as a whole and is not a measurement of Oolitic. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Oolitic questions, answered from the record.
How many people live in Oolitic, Indiana?
1,522, in 597 households. Oolitic town covers 0.67 square miles of land, which is 2,282 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Oolitic in?
Lawrence County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Oolitic?
$59,018. The median owner-occupied home is valued at $138,200. Median gross rent is $814 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Oolitic businesses?
1 7(a) approvals totalling $450,000, across 1 lenders, median approval $450,000. These count approvals to borrowers whose address is in Oolitic, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Oolitic borrowers get paid back?
No rate is published for Oolitic. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Oolitic figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lawrence County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Oolitic.
Is zoning published for Oolitic?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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