Is Oil Township, IN growing?
Oil Township, IN had an estimated 2,579 (±10) residents in 2020–2024, against 2,494 in 2015–2019.
That is a change of +3.4%, a measurable increase.
Its housing went from 578 to 634 homes (+9.7%), not a measurable change.
0.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 2,579 (±10)
- Amount of change
- +3.4%
- Homes change
- +9.7%
- Built 2020 or later
- 0.0%
Residents and homes in Oil Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,494 (±14) | 2,579 (±10) | +3.4% | Measurable increase |
| Housing units | 578 (±106) | 634 (±126) | +9.7% | Not a measurable change |
| Households that rent | 1.7% (±2.9 points) | 2.6% (±4.1 points) | +0.9 percentage points | Not a measurable change |
| Median home value | $113,900 (±$36,614) | $229,500 (±$84,926) | +101.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Oil Township against Perry County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Oil Township | +3.4% | Measurable increase | +9.7% |
| Perry County | +0.9% | Measurable increase | −1.2% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Oil Township
| Year built | Oil Township | Perry County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±5.7 points) | 0.2% | 1.7% | 2.0% |
| 2010 to 2019 | 6.9% (±7.5 points) | 5.1% | 8.0% | 9.4% |
| 2000 to 2009 | 37.2% (±18.7 points) | 12.6% | 12.3% | 13.6% |
6.9% of the homes in Oil Township were built in 2010 or later.
The median age of residents is 38.7 years.
Growth in places near Oil Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Oil Township | — | 2,579 | +3.4% | Measurable increase |
| Union Township (Crawford County) | 5.4 mi | 517 | −3.9% | Not a measurable change |
| Leopold Township | 6.5 mi | 737 | −11.1% | Not a measurable change |
| Union Township (Perry County) | 6.8 mi | 324 | −23.8% | Not a measurable change |
| Johnson Township (Crawford County) | 7.7 mi | 255 | −41.2% | Not a measurable change |
| Boone Township (Crawford County) | 7.8 mi | 103 | −27.0% | Not a measurable change |
| Clark Township (Perry County) | 9.3 mi | 1,545 | +28.0% | Not a measurable change |
| Alton | 9.5 mi | 37 | +8.8% | Not a measurable change |
| Ohio Township (Crawford County) | 9.8 mi | 815 | +27.5% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Oil Township
Is Oil Township growing?
Oil Township, IN had an estimated 2,579 residents in 2020–2024 and 2,494 in 2015–2019, a change of +3.4%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Oil Township?
The estimated number of housing units went from 578 in 2015–2019 to 634 in 2020–2024 (+9.7%), not a measurable change.
How much new construction is there in Oil Township?
0.0% of homes in Oil Township were built in 2020 or later and 6.9% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Oil township, Perry County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oil township, Perry County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Oil township, Perry County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Oil township, Perry County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oil township, Perry County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oil township, Perry County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Oil township, Perry County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oil township, Perry County, Indiana (county subdivision:56214, in state:18 county:123).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Oil Township at a glance
- Home values in Oil Township
- Homeowner costs in Oil Township
- Property taxes in Oil Township
- Types of homes in Oil Township
- Heating fuel in Oil Township
- Commute and cars in Oil Township
- Indiana landlord and tenant rules
- Housing across Perry County
- Housing data for every place in Indiana