47451 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Oolitic, IN

ZIP Code 47451: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Oolitic, IN 47451

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  • ZIP Code Type: STANDARD
  • County: Lawrence County
  • Centroid: Latitude 38.896, Longitude -86.528
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 36
  • PO Box Addresses: 169
  • Residential Addresses: 424
    • Multi-Family Addresses: 0
    • Single Family Addresses: 424

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2021, Maps updated: May 5, 2021.


Oolitic, IN 47451 Data & Demographics (As of July 1, 2021)


Total Population 1,307 (100%)
Population in Households 1,307 (100.0%)
Population in Families 1,024 (78.3%)
Population in Group Quarters1 0
Population Density 792
Diversity Index2 6


Median Household Income $45,749
Average Household Income $57,937
% of Income for Mortgage4 11%
Per Capita Income $26,464
Wealth Index5 48


Total HU (Housing Units) 630 (100%)
Owner Occupied HU 396 (62.9%)
Renter Occupied HU 201 (31.9%)
Vacant Housing Units 33 ( 5.2%)
Median Home Value $115,517
Average Home Value $126,326
Housing Affordability Index3 244


Total Households 597
Average Household Size 2.19
Family Households 369
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2021 2021-2026
Population 0.62% 0.21%
Households 0.68% 0.3%
Families 0.47% 0.16%
Median Household Income   1.85%
Per Capita Income   2.08%
Owner Occupied HU   0.4%

Oolitic, IN 47451 - Peer Comparisons by Rank and Percentile

The table below compares 47451 to the other 774 ZIP Codes in Indiana by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 550 29th
Population Density # 170 78th
Median Household Income # 684 12th
Housing Affordability Index # 467 60th
Per Capita Income # 507 35th
Diversity Index # 702 9th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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