Coolamon is reputed to be centred in one of the richest agricultural and pastoral districts in the Riverina and enjoys the best of both worlds-the friendly, relaxed atmosphere of rural living, great shopping opportunities, as well as exellent health, cultural, recreational and education facilities.
Coolamon is a wheat-belt country town with broad streets and wrought-iron verandahs. 251 m above sea level and with a population of about 1300 it is known as the 'hay and chaff' capital. It is in fact a leading state producer of wheat and chaff and is noted for the quality of its fat lambs, though wool and turkeys are also a part of the local economy.While hay may not sound an interesting subject the traditional sheaf haystacks which dot the countryside are an impressive sight.
A peculiar feature of the flat, clay countryside are the thousands of naturally-occurring indentations in the ground which fill with water. They are named Coolamon Holes after an Aboriginal word for a hollow wooden storage vessel and it is this which has supplied the town's name.