Oil City Micro
Oil City has lower-than-average household income, with a median household income of $51,405. Population has declined 12% since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $96,800. With a median age of 47.4, the population is older than the US median of 38.8.
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How many people live in Oil City, PA?
Oil City, PA has about 50,454 residents according to the 2020 American Community Survey.
What is the median household income in Oil City, PA?
The typical household in Oil City, PA earns about $51,405 a year. Half of households make more than that, and half make less.
Is Oil City, PA expensive?
In Oil City, PA, the median home is worth about $96,800, and the typical rent is about $652 a month.
How educated are people in Oil City, PA?
About 19.3% of adults age 25 and over in Oil City, PA hold a bachelor's degree or higher.
What is the poverty rate in Oil City, PA?
About 13.5% of people in Oil City, PA live below the federal poverty line.
Has Oil City, PA grown since 1990?
Yes, Oil City, PA has shrunk since 1990. The population has lost about 8,927 residents, a change of about -15 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024