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ZipNumbers

Pennsylvania · Census place 56456

Oil City city, PA

Quick answer

Oil City city has 9,517 residents, ranking #99 of 2002 places in Pennsylvania. Median household income is $52,688, the median home is worth $66,600 and median gross rent runs $799 a month.

Population
9,517Oil City city residents
Median household income
$52,688Past 12 months, inflation adjusted
Median home value
$66,600Owner-occupied units
Median gross rent
$799Rent plus utilities, monthly
Median age
42.5 yrsAll residents
Homeownership rate
61.4%Owner-occupied households

What the numbers mean in Oil City city

Housing cost measured against local earnings.

A household earning the Oil City city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18% of residents and 61.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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