Housing data for Oil City, LA
Oil City, LA has an estimated 1,184 residents and 619 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Caddo Parish.
70.1% of households rent.
The median gross rent is $413 a month.
Figures last updated on .
- Residents
- 1,184 (±264)
- Housing units
- 619 (±123)
- Households that rent
- 70.1%
- Median gross rent
- $413
- Residents since 2015–2019
- +18.6%
What stands out in Oil City
Households without a vehicle: 28.3% (±13.8 points) in Oil City, higher than in Caddo Parish (9.9%).
Households that rent: 70.1% (±9.3 points) in Oil City, higher than in Caddo Parish (39.8%).
Median gross rent: $413 (±$286) in Oil City, lower than in Caddo Parish ($974).
Median home value: $70,000 (±$43,446) in Oil City, lower than in Caddo Parish ($175,700).
Housing in Oil City at a glance
- Median rent: $413 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $273 median gross rent, 2 bedrooms
- Rent burden: 56.1% of renters pay 30% or more of income
- Renters and owners: 70.1% of households rent
- Income and affordability: $21,325 median household income
- Home values: $70,000 median home value (Small sample: wide margin of error)
- Homeowner costs: $1,327 median monthly cost with a mortgage
- Property taxes: $200 or less median real estate taxes a year
- Types of homes: 25.7% of homes are in buildings of 5 or more units
- Bedrooms: 55.2% of homes have 3 or more bedrooms
- Age of homes: 54.8% of homes were built before 1980
- Vacancy rate: 1.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 53.5% heat with utility gas
- Commute and cars: 26.3 minutes average trip to work
- Growth: +18.6% residents since 2015–2019
- How long people stay: 36.9% moved in since 2020
- Crowding and facilities: 4.9% of homes have more than 1 person per room (Small sample: wide margin of error)
Oil City against Caddo Parish, its state and the nation
| Oil City | Caddo Parish | Louisiana | United States | |
|---|---|---|---|---|
| Residents | 1,184 (±264) | 230,004 (exact) | 4,611,961 (exact) | 334,922,499 |
| Housing units | 619 (±123) | 112,612 (±80) | 2,108,902 (±333) | 143,775,355 |
| Households that rent | 70.1% (±9.3 points) | 39.8% (±1.3 points) | 32.6% (±0.4 points) | 34.8% |
| Median gross rent | $413 (±$286) | $974 (±$19) | $1,064 (±$8) | $1,413 |
| Median household income | $21,325 (±$10,129) | $50,705 (±$1,788) | $60,756 (±$408) | $80,734 |
| Median home value | $70,000 (±$43,446) | $175,700 (±$5,195) | $216,500 (±$1,367) | $332,700 |
| Median real estate taxes (a year) | $200 or less | $1,085 (±$70) | $1,180 (±$13) | $3,119 |
| Built before 1980 | 54.8% (±17.6 points) | 59.2% (±1.9 points) | 46.2% (±0.4 points) | 49.7% |
| Average commute | 26.3 minutes (±5.5) | 20.4 minutes (±0.5) | 25.7 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 64.0% (±12.8 points) | 85.6% (±0.9 points) | 86.6% (±0.2 points) | 91.0% |
| Median age of residents | 28.7 years (±6.2) | 39.5 years (±0.3) | 38.0 years (±0.1) | 38.9 years |
Oil City covers 1.9 square miles of land, about 629 residents per square mile (Census Bureau Gazetteer).
How Oil City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 998 (±233) | 1,184 (±264) | +18.6% | Not a measurable change |
| Housing units | 507 (±102) | 619 (±123) | +22.1% | Not a measurable change |
| Median gross rent | $432 (±$36) | $413 (±$286) | −4.4% | No measurable change after inflation |
| Median home value | $92,100 (±$24,206) | $70,000 (±$43,446) | −24.0% | No measurable change after inflation |
| Median household income | $24,459 (±$3,333) | $21,325 (±$10,129) | −12.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $877 (±$92) | $1,327 (±$458) | +51.3% | No measurable change after inflation |
| Households that rent | 45.1% (±10.9 points) | 70.1% (±9.3 points) | +25.0 percentage points | Measurable increase |
| Rental vacancy rate | 9.9% (±10.8 points) | 1.8% (±3.1 points) | −8.1 percentage points | Not a measurable change |
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.
Places near Oil City
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Mooringsport | 4.7 mi | $675 | $76,700 | 23.8% |
| Belcher | 8.0 mi | $1,109 | $170,800 | 15.0% |
| Vivian | 8.7 mi | $726 | $62,700 | 25.3% |
| Gilliam | 9.6 mi | — | $142,000 | 1.9% |
| Uncertain | 9.7 mi | — | $181,300 | 3.8% |
| Hosston | 11 mi | $768 | — | 20.0% |
| Blanchard | 11 mi | $842 | $208,600 | 23.2% |
| Benton | 14 mi | $873 | $201,000 | 37.0% |
Places in Louisiana most like Oil City
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Mamou | $521 | $86,500 | $24,808 | 55.0% |
| Grand Coteau | $678 | $117,500 | $34,730 | 65.6% |
| Ville Platte | $656 | $101,200 | $28,361 | 56.3% |
| Campti | $518 | $78,300 | $19,351 | 64.2% |
| Coushatta | $474 | $96,100 | $31,250 | 59.3% |
| Banks Springs | $356 | $80,700 | $26,232 | 62.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Louisiana.
HUD Fair Market Rent for Oil City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $832 | $926 | $1,045 | $1,380 | $1,450 |
HUD income limits for Oil City, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $16,650 | $27,750 | $44,350 |
| 2 people | $21,640 | $31,700 | $50,700 |
| 3 people | $27,320 | $35,650 | $57,050 |
| 4 people | $33,000 | $39,600 | $63,350 |
| 5 people | $38,680 | $42,800 | $68,450 |
| 6 people | $44,360 | $45,950 | $73,500 |
| 7 people | $49,150 | $49,150 | $78,600 |
| 8 people | $52,300 | $52,300 | $83,650 |
These are the limits HUD sets for its housing programs in the Shreveport-Bossier City, LA MSA, where HUD’s median family income for fiscal year 2026 is $79,200.
A program can use its own limits; tax-credit and local programs often do.
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 City
How much is a one-bedroom apartment in Oil City?
The median gross rent for a one-bedroom home in Oil City, LA is $396 (±$40) a month (2020–2024 American Community Survey).
Are renters in Oil City rent-burdened?
56.1% of renting households in Oil City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Oil City?
Oil City has an estimated 389 (±115) renting households, 70.1% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Oil City?
The median household income in Oil City is $21,325 (±$10,129) a year (2020–2024 American Community Survey).
What is the average mortgage payment in Oil City?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Oil City, LA is $1,327 (±$458) a month, including taxes, insurance and utilities.
How much are property taxes in Oil City?
The median real estate tax paid by homeowners in Oil City, LA is $200 or less a year (2020–2024 American Community Survey).
Is Oil City growing?
In Oil City, the number of residents went from 998 in 2015–2019 to 1,184 in 2020–2024 (+18.6%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Oil City town, Louisiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oil City town, Louisiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Oil City town, Louisiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Oil City town, Louisiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Oil City town, Louisiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Oil City town, Louisiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oil City town, Louisiana
- HUD Fair Market Rents, fiscal year 2027: Shreveport-Bossier City, LA MSA
- HUD Income Limits, fiscal year 2026: Shreveport-Bossier City, LA MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 City town, Louisiana (place:57590, in state:22).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .