| ZIP Code | 71061 |
|---|---|
| City | Oil City |
| State | Louisiana (LA) |
| County | Caddo Parish County |
| Area Code | 318 |
| Elevation | 173 ft |
| Latitude | 32.753997 |
|---|---|
| Longitude | -93.976297 |
| Timezone | Chicago (DST) |
| FIPS | 22017 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs ↓ 13% since 2019 |
|---|---|
| Avg Household Size | 2.34 |
| Below Poverty | 36.8% ▲ 268% above avg |
| College Grads | 10.8% ▼ 72% below avg |
| Unemployment | 10.6% ▲ 116% above avg |
| No HS Diploma | 5 (0.5%) |
| HS Graduate | 387 (39.2%) |
| Some College | 206 (20.9%) |
| Associates | 282 (28.6%) |
| Bachelors | 51 (5.2%) |
| Graduate Degree | 56 (5.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $31,250 ▼ 59% below avg ↓ 27% since 2019 |
|---|---|
| Median Home Value | $114,400 ▼ 59% below avg ↓ 24% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $525/mo ↑ 15% since 2019 |
| Total Units | 919 |
| Vacant Units | 135 |
| Avg HH Size | 2.34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 919 |
|---|---|
| Vacant | 135 |
| Owner Occupied | 54.6% |
| Renter Occupied | 45.4% |
| Avg HH Size | 2.34 |
ZIP code 71061 is located in Oil City, Louisiana, within Caddo Parish County. With a population of 1,834, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.1 years. Economically, 71061 is a lower-income ZIP code: the median household income of $31,250 is well below the national average.
Real estate in ZIP code 71061 represents one of the more affordable housing markets in the country. The median home value of $114,400 is well below the national average. Renters can expect to pay around $525 per month in median rent. The area has a relatively balanced mix of owners (54.6%) and renters (45.4%). Median home values have decreased by 24% since 2019.
The population of 71061 is majority White (63.41%). Residents are less-educated — 10.8% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 36.8%. Household income has declined by 27% since 2019.
The unemployment rate in 71061 stands at 10.6%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 69%.
Overall, ZIP code 71061 in Oil City, LA is characterized as lower-income, less-educated, and a relatively young community. With 1,834 residents, a median household income of $31,250, and a median home value of $114,400, it offers a clear picture of life in this part of Louisiana.