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Oil City city, Pennsylvania Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Oil City city, Pennsylvania has a total population of 9,517, the 99th largest city in Pennsylvania, with a median household income of $52,688, which is 31% lower than the state average. The poverty rate is 18.0%.

Key Takeaways

Oil City city Quick Facts

Population 9,517
Median Household Income $52,688
Median Home Value $66,600
Poverty Rate 18.0%
Unemployment Rate 6.7%
Median Age 42.5 years
Homeownership Rate 61.4%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 17.7%
High School Graduation Rate 88.7%
Diversity Index 11/100
Population 9,517 99th of 1,993
Median Income $52,688 bottom 30%
Poverty Rate 18.0% 44% higher national
Median Home Value $66,600 bottom 10%

How Oil City city Compares

Economy & Housing

Employment

6.7% Unemployment Rate State: 5.3% | National: 5.2%
57.9% Labor Force Participation

Housing Overview

Owner 61.4%
Renter 38.6%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 43 | National average: 60

Education

Oil City city Rankings in Pennsylvania

#99 Population of 1,993
#1441 Median Income of 1,993
#1225 Education of 1,993
#1800 Home Value of 1,993

Other Cities in Venango County

CityPopulationMedian IncomePovertyHome Value
Franklin city 6,026 $54,955 17.2% $109,200
Sugarcreek borough 4,745 $59,594 9.1% $100,000
Pleasantville borough (Venango County) 794 $57,500 8.7% $107,400
Polk borough 692 $44,250 35.0% $87,500
Emlenton borough 623 $65,179 11.2% $111,300
Clintonville borough 503 $44,844 9.3% $97,200
Rouseville borough 470 $56,250 21.5% $57,000
Cooperstown borough 380 $61,058 6.6% $112,500
Barkeyville borough 200 $68,333 2.5% $102,900
Utica borough 150 $54,583 4.8% $65,000

Cities Similar to Oil City city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Middletown borough9,567$54,778$159,80024.9%14.6%
Warren city9,273$50,877$101,60026.2%11.7%
Sunbury city9,643$48,509$98,00011.4%16.2%
Aliquippa city9,146$51,050$96,80021.7%19.9%
Columbia borough10,217$52,271$174,20017.2%17.4%

Population Overview

Oil City city is a small city located in Pennsylvania, within Venango County. The total population is 9,517. It ranks as the 99th most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Oil City city is 42.5 years. This is 4% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Oil City city is $52,688. This is 31% lower than the state median of $76,081. Compared to the national median of $78,538, household income here is 33% lower. The poverty rate stands at 18.0%. This is 53% higher than the state poverty rate of 11.8%. The unemployment rate is 6.7%. This is 27% higher than the state rate of 5.3%. The median home value is $66,600. Housing costs are 72% lower than the state median of $240,500. With a home-value-to-income ratio of just 1.3x, Oil City city is one of the most affordable housing markets in the area. 61.4% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 69.3%.

Race & Ethnicity

Oil City city has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Hispanic or Latino residents account for 1.7%. The Black or African American population (0.7%) is well below the state average of 10.3%. The Hispanic or Latino population (1.7%) is well below the state average of 8.4%. The Asian population (0.8%) is well below the state average of 3.7%.

Education

17.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.

Data Sources & Methodology

All demographic data for Oil City city, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Oil City city, Pennsylvania?

Oil City city, Pennsylvania has a population of 9,517 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oil City city, PA?

The median household income in Oil City city is $52,688, which is 33% lower the national median of $78,538.

What is the poverty rate in Oil City city, PA?

The poverty rate in Oil City city is 18.0%. This means approximately 1,645 residents live below the federal poverty line.

What is the racial makeup of Oil City city, Pennsylvania?

Oil City city's population is 94.1% White, 0.7% Black, 1.7% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Oil City city, PA?

The median home value in Oil City city is $66,600. The home-value-to-income ratio is 1.3x.

How educated is Oil City city, Pennsylvania?

17.7% of adults (25+) in Oil City city hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.