Median Household Income
$51,316 ± $6,404
Median Home Value
$74,100 ± $6,554
Median Gross Rent
$821 ± $57/mo
Per Capita Income
$28,220
Poverty Rate
16.6%
Unemployment Rate
5.1%
Homeownership Rate
61.3%
Bachelor's Degree or Higher
16.5%
Median Age
40.3
Average Commute
17 min
Households
3,908
Veterans
650
Population Over Time
Oil City shrank 8.8% from 2014 to 2024.
2014
10,383
2016
10,207
2018
9,982
2020
9,750
2022
9,599
2024
9,468
Population by Race & Ethnicity
White
94.1%
Hispanic or Latino
1.4%
Black or African American
0.7%
Asian
0.9%
Nearby Cities in Pennsylvania
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.