Also See Oil City, PA: ZIP Codes & Maps
The City of Oil City had a population of 9,310 as of July 1, 2023.
The primary coordinate point for Oil City is located at latitude 41.4339 and longitude -79.7064 in Venango County. The formal boundaries for the City of Oil City encompass a land area of 4.49 sq. miles and a water area of 0.34 sq. miles. Venango County is in the Eastern time zone (GMT -5).
The City of Oil City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 9,310 (100%) |
Population in Households | 9,132 (98.1%) |
Population in Families | 6,797 (73.0%) |
Population in Group Quarters1 | 178 ( 1.9%) |
Population Density | 2,072 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $45,747 |
Average Household Income | $63,694 |
% of Income for Mortgage4 | 9% |
Per Capita Income | $28,406 |
Wealth Index5 | 44 |
Socioeconomic Status Index6 | Moderate (47.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 4,960 (100%) |
Owner Occupied HU | 2,653 (53.5%) |
Renter Occupied HU | 1,495 (30.1%) |
Vacant Housing Units | 812 (16.4%) |
Median Home Value | $68,147 |
Average Home Value | $92,508 |
Housing Affordability Index3 | 234 |
HOUSEHOLDS | |
Total Households | 4,148 |
Average Household Size | 2.20 |
Family Households | 2,390 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.98% | -0.54% |
Households | -0.37% | -0.22% |
Families | -0.30% | |
Median Household Income | 2.13% | |
Per Capita Income | 2.79% | |
Owner Occupied HU | 0.08% |
The table below compares Oil City to the other 1,888 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2023 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 | # 103 | 95th |
Population Density | # 667 | 65th |
Median Household Income | # 1684 | 11th |
Housing Affordability Index | # 1807 | 96th |
Per Capita Income | # 1532 | 19th |
Diversity Index | # 952 | 50th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.
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