Oil City

Population: 9,517
Median household income: $52,688
Median home value: $66,600

Located in Venango County, Pennsylvania, Oil City is a community with a population of 9,517. At $52,688, its median household income sits below Venango County's $61,626.

Between 2019 and 2023, Oil City's population declined 3.3% from 9,846 to 9,517, while its median home value rose 28.8% from $51,700 to $66,600.

The median resident is 42.5 years old. The largest age group is 5 to 17, 17.9% of residents.

Demographics

ACS 2019–2023

Population: 9,517
Median age: 42.5 yrs
Median household income: $52,688
Median home value: $66,600
Median gross rent: $799
Housing units: 4,661
Homeownership rate: 61.4%
Bachelor's degree or higher: 17.7%
Unemployment rate: 6.7%

Trends

ACS 5-year · 2019–2023

Population

9,8469,517

Median household income

$39,750$52,688

Median home value

$51,700$66,600

Median gross rent

$612$799

Year	Population	Median household income	Median home value	Median gross rent
2019	9,846	$39,750	$51,700	$612
2020	9,750	$41,591	$56,500	$663
2021	9,685	$44,272	$57,300	$710
2022	9,599	$48,632	$59,900	$767
2023	9,517	$52,688	$66,600	$799

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.6%

5 to 1717.9%

18 to 248.6%

25 to 3410.3%

35 to 4414.1%

45 to 5412.6%

55 to 6413.6%

65 to 7410.8%

75 and over8.5%

	Count	Share
Under 5	347	3.6%
5 to 17	1,699	17.9%
18 to 24	820	8.6%
25 to 34	978	10.3%
35 to 44	1,343	14.1%
45 to 54	1,197	12.6%
55 to 64	1,294	13.6%
65 to 74	1,026	10.8%
75 and over	813	8.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,954	94.1%
Black or African American	69	0.7%
American Indian & Alaska Native	0	0.0%
Asian	78	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	258	2.7%
Hispanic or Latino (any race)	158	1.7%

Educational attainment (age 25+)

No high school diploma11.3%

High school graduate47.3%

Some college or associate's23.7%

Bachelor's degree11.0%

Graduate or professional degree6.8%

	Count	Share
No high school diploma	749	11.3%
High school graduate	3,144	47.3%
Some college or associate's	1,579	23.7%
Bachelor's degree	730	11.0%
Graduate or professional degree	449	6.8%

Commute to work

Mean travel time to work: 20 min

Drove alone75.6%

Carpooled14.5%

Public transit0.5%

Walked3.5%

Bicycle0.0%

Worked from home5.6%

Other means0.3%

How workers get to work

	Count	Share
Drove alone	3,123	75.6%
Carpooled	599	14.5%
Public transit	20	0.5%
Walked	146	3.5%
Bicycle	0	0.0%
Worked from home	231	5.6%
Other means	13	0.3%

Travel time

	Count	Share
Under 15 min	1,838	47.1%
15 to 29 min	1,302	33.4%
30 to 44 min	374	9.6%
45 to 59 min	196	5.0%
60+ min	191	4.9%

Households

Average household size: 2.31
Poverty rate: 18.0% (1,645 of 9,152)

	Count	Share
Family households	2,282	57.2%
Nonfamily households	1,707	42.8%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	3,989	85.6%
Vacant	672	14.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,449	61.4%
Renter-occupied	1,540	38.6%

1-unit, detached73.1%

1-unit, attached0.7%

2 to 4 units15.2%

5 to 19 units6.1%

20 or more units4.7%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	3,407	73.1%
1-unit, attached	34	0.7%
2 to 4 units	708	15.2%
5 to 19 units	284	6.1%
20 or more units	221	4.7%
Mobile home & other	7	0.2%

Geography

Place GEOID: 4256456
Type (LSAD): 25
Land area: 4.49 sq mi
Water area: 0.35 sq mi
Center point: 41.4288, -79.7078