Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $114,400 ▼ 59% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $525/mo |
| Total Housing Units | 919 |
| Vacant Units | 135 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Oil City is a city in Louisiana, located in Caddo Parish County. The city spans 1 ZIP code and is home to approximately 1,834 residents. It is a relatively young city, with a median age of 37.1 years.
Economically, Oil City is a lower-income community. The median household income of $31,250 is well below the national average. Approximately 36.8% of residents live below the poverty line. The unemployment rate is 10.6%, more than double the national average.
The real estate market in Oil City is one of the more affordable housing markets in the country. Median home values stand at $114,400, which is well below the national average. Renters typically pay around $525 per month.
The population of Oil City is less-educated. 10.8% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (63.41%).
Oil City, LA offers residents a cost-conscious lifestyle within Louisiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 71061 | 1,834 | $31,250 | $114,400 | $525 | 10.6% | 10.8% | 54.6% |