Oolitic is a small town located in Lawrence County, Indiana. With a population of just over 3,000 people, it has been rated among the top 100 small cities to live in the United States. The 2 bedroom rent in Oolitic is $840 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in this city is significantly lower than the US average at 93 as compared to 100.
For those looking for employment opportunities in Oolitic, some of the notable companies are Stonecutter Mills, Midwest Stamping Corporation and GATX Corporation. There are also several local attractions such as IU Cinema of Bloomington, Marengo Cave National Landmark and Lake Monroe Sailing Association that attract visitors from all over. With its low cost of living and ample entertainment options, Oolitic can be an ideal place to call home.
Oolitic (zip 47451) has an unemployment rate of 4.7%. The US average is 6.0%.
Oolitic (zip 47451) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Oolitic (zip 47451)
- The Sales Tax Rate for Oolitic (zip 47451) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oolitic (zip 47451) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oolitic (zip 47451)
- The average income of a Oolitic (zip 47451) resident is $27,401 a year. The US average is $37,638 a year.
- The Median household income of a Oolitic (zip 47451) resident is $57,000 a year. The US average is $69,021 a year.