What percentage of people rent in Oolitic, IN?

32.5% (±9.6 points) of the occupied homes in Oolitic, IN are rented (2020–2024 American Community Survey).

That is 194 renting households against 403 that own their home.

In Oolitic, the share of households that rent went from 35.2% in 2015–2019 to 32.5% in 2020–2024 (−2.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
32.5% (±9.6 points)
Renting households
194 (±76)
Median renter income
$51,625 (±$14,551)

Who rents and who owns in Oolitic

Tenure, estimate (90% margin of error)
OoliticLawrence CountyIndianaUnited States
Renter-occupied share32.5% (±9.6 points)19.3% (±1.7 points)29.4% (±0.3 points)34.8%
Renting households194 (±76)3,697 (±327)799,766 (±7,038)45,017,354
Owning households403 (±81)15,438 (±387)1,916,243 (±9,865)84,210,142
Average renter household size2.2 (±0.7)2.1 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.5)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$51,625 (±$14,551)$30,053 (±$2,678)$42,811 (±$480)$52,966
Median owner household income$73,083 (±$16,966)$77,506 (±$3,394)$87,459 (±$395)$100,009

In Oolitic, the renter share is higher than in Lawrence County (19.3%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Lawrence County, Oolitic ranks 3 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 261 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Oolitic has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent35.2% (±9.3 points)32.5% (±9.6 points)−2.7 percentage pointsNot a measurable change
Median gross rent$594 (±$100)$814 (±$238)+37.0%No measurable change after inflation
Median household income$47,216 (±$8,475)$59,018 (±$9,070)+25.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Oolitic

Nearest places with a published estimate, compared with Oolitic
PlaceDistanceHouseholds that rentCompared with this place
Oolitic—32.5% (±9.6 points)—
Bedford3.0 mi32.8% (±3.6 points)Not measurably different
Marshall Township3.1 mi4.5% (±2.3 points)Lower
Indian Creek Township (Lawrence County)4.6 mi16.7% (±7.0 points)Lower
Shawswick Township5.6 mi25.3% (±2.8 points)Not measurably different
Perry Township (Lawrence County)7.4 mi8.2% (±6.5 points)Lower
Clear Creek Township (Monroe County)9.9 mi10.5% (±4.9 points)Lower
Marion Township (Lawrence County)10 mi21.2% (±5.6 points)Lower
Spice Valley Township10 mi7.9% (±5.8 points)Lower

Nearby places with a measurably lower figure: Marshall Township, IN (4.5%), Indian Creek Township (Lawrence County), IN (16.7%), Perry Township (Lawrence County), IN (8.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Lawrence County, place by place

RankPlaceHouseholds that rent
1Mitchell38.4% (±8.8 points)
2Bedford32.8% (±3.6 points)
3Oolitic32.5% (±9.6 points)
4Shawswick Township25.3% (±2.8 points)
5Marion Township (Lawrence County)21.2% (±5.6 points)
6Indian Creek Township (Lawrence County)16.7% (±7.0 points)
7Pleasant Run Township16.2% (±8.3 points)
8Perry Township (Lawrence County)8.2% (±6.5 points)
9Spice Valley Township7.9% (±5.8 points)

Showing 9 of 12 places in Lawrence County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Oolitic

How many renters are there in Oolitic?

Oolitic has an estimated 194 (±76) renting households, 32.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Oolitic?

In Oolitic, the share of households that rent went from 35.2% in 2015–2019 to 32.5% in 2020–2024 (−2.7 percentage points), not a measurable change.

How big are renting households in Oolitic?

A renting household in Oolitic has 2.2 people on average, against 2.7 in an owned home.

How much do renters earn in Oolitic?

The median renting household in Oolitic, IN has an income of $51,625 (±$14,551) a year, against $73,083 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Oolitic town, Indiana (place:56682, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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