Last updated: 2024 BLS data · Page refreshed:
Oil City has a population of 1,184 with a median age of 28.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,184 |
| Median Age | 28.7 |
| White | 43.3% |
| Black or African American | 40.5% |
| Asian | 0.9% |
| Hispanic or Latino | 3.0% |
| Other / Two or More Races | 12.3% |
The median household income in Oil City is $21,325, which is 73.5% below the national median of $80,610. The per capita income is $17,501. The poverty rate is 46.1%.
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In Oil City, 80.7% of residents age 25+ have a high school diploma or higher, and 2.3% hold a bachelor's degree or higher (0.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 80.7% |
| Bachelor's Degree or Higher | 2.3% |
| Graduate or Professional Degree | 0.8% |
The median home value in Oil City is $70,000, below the national median of $303,400. The median monthly rent is $413. The homeownership rate is 29.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $70,000 |
| Median Monthly Rent | $413 |
| Homeownership Rate | 29.9% |
| Vacancy Rate | 10.3% |
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