| ZIP Code | 16301 |
|---|---|
| City | Oil City |
| State | Pennsylvania (PA) |
| County | Venango County |
| Area Code | 582/814 |
| Elevation | 1,480 ft |
| Latitude | 41.453285 |
|---|---|
| Longitude | -79.622427 |
| Timezone | New York (DST) |
| FIPS | 42121 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.9 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.32 |
| Below Poverty | 15.8% ▲ 58% above avg |
| College Grads | 31.2% ▼ 19% below avg |
| Unemployment | 6.3% ▲ 28% above avg |
| No HS Diploma | 119 (1.2%) |
| HS Graduate | 4,777 (47.5%) |
| Some College | 1,064 (10.6%) |
| Associates | 961 (9.5%) |
| Bachelors | 1,225 (12.2%) |
| Graduate Degree | 1,919 (19.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,368 ▼ 25% below avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $84,800 ▼ 70% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $809/mo ↑ 32% since 2019 |
| Total Units | 7,648 |
| Vacant Units | 1,331 |
| Avg HH Size | 2.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,648 |
|---|---|
| Vacant | 1,331 |
| Owner Occupied | 70.6% |
| Renter Occupied | 29.4% |
| Avg HH Size | 2.32 |
ZIP code 16301 is located in Oil City, Pennsylvania, within Venango County. With a population of 15,067, this is a moderately populated ZIP code with a middle-aged community — the median age is 44.9 years. Economically, 16301 is a solidly middle-class ZIP code: the median household income of $57,368 is below the national average.
Real estate in ZIP code 16301 represents one of the more affordable housing markets in the country. The median home value of $84,800 is well below the national average. Renters can expect to pay around $809 per month in median rent. Homeownership is strong here — 70.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 16301 is primarily White (92.93%). Residents are moderately educated — 31.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 15.8%. Household income has grown by 28% since 2019.
The unemployment rate in 16301 stands at 6.3%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 16301 in Oil City, PA is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 15,067 residents, a median household income of $57,368, and a median home value of $84,800, it offers a clear picture of life in this part of Pennsylvania.