Is Oil City, PA growing?
Oil City, PA had an estimated 9,468 (±40) residents in 2020–2024, against 9,846 in 2015–2019.
That is a change of −3.8%, a measurable decrease.
Its housing went from 5,009 to 4,603 homes (−8.1%), a measurable decrease.
0.6% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 9,468 (±40)
- Amount of change
- −3.8%
- Homes change
- −8.1%
- Built 2020 or later
- 0.6%
Residents and homes in Oil City, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 9,846 (±46) | 9,468 (±40) | −3.8% | Measurable decrease |
| Housing units | 5,009 (±154) | 4,603 (±212) | −8.1% | Measurable decrease |
| Households that rent | 37.3% (±4.0 points) | 38.7% (±4.5 points) | +1.4 percentage points | Not a measurable change |
| Median gross rent | $612 (±$44) | $821 (±$57) | +34.2% | No measurable change after inflation |
| Median home value | $51,700 (±$4,608) | $74,100 (±$6,554) | +43.3% | Up 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 City against Venango County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Oil City | −3.8% | Measurable decrease | −8.1% |
| Venango County | −3.9% | Measurable decrease | −5.0% |
| Pennsylvania | +1.8% | Measurable increase | +2.0% |
| 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 City
| Year built | Oil City | Venango County | Pennsylvania | United States |
|---|---|---|---|---|
| 2020 or later | 0.6% (±0.6 points) | 0.4% | 1.0% | 2.0% |
| 2010 to 2019 | 1.6% (±2.0 points) | 3.4% | 5.1% | 9.4% |
| 2000 to 2009 | 1.9% (±1.1 points) | 7.8% | 8.1% | 13.6% |
2.2% of the homes in Oil City were built in 2010 or later.
The median age of residents is 40.3 years.
Growth in places near Oil City
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Oil City | — | 9,468 | −3.8% | Measurable decrease |
| Woodland Heights | 1.3 mi | 1,585 | +40.4% | Measurable increase |
| Hasson Heights | 2.1 mi | 1,351 | −11.9% | Not a measurable change |
| Rouseville | 3.1 mi | 460 | +0.4% | Not a measurable change |
| Seneca | 3.6 mi | 1,439 | +46.2% | Measurable increase |
| Cranberry Township (Venango County) | 4.2 mi | 6,273 | −1.4% | Measurable decrease |
| Oakland Township (Venango County) | 5.4 mi | 1,409 | +5.0% | Not a measurable change |
| Cornplanter Township | 5.5 mi | 2,368 | −10.5% | Not a measurable change |
| Sugarcreek | 6.3 mi | 4,716 | −5.9% | Measurable decrease |
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
Is Oil City growing?
Oil City, PA had an estimated 9,468 residents in 2020–2024 and 9,846 in 2015–2019, a change of −3.8%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Oil City?
The estimated number of housing units went from 5,009 in 2015–2019 to 4,603 in 2020–2024 (−8.1%), a measurable decrease.
How much new construction is there in Oil City?
0.6% of homes in Oil City were built in 2020 or later and 1.6% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Oil City city, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oil City city, Pennsylvania
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Oil City city, Pennsylvania
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Oil City city, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oil City city, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oil City city, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Oil City city, Pennsylvania
- 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 City city, Pennsylvania (place:56456, in state:42).
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 City at a glance
- Median rent in Oil City
- Rent by bedrooms in Oil City
- Rent burden in Oil City
- Renters and owners in Oil City
- Income and affordability in Oil City
- Home values in Oil City
- Homeowner costs in Oil City
- Property taxes in Oil City
- Types of homes in Oil City
- Bedrooms in Oil City
- Age of homes in Oil City
- Heating fuel in Oil City
- Commute and cars in Oil City
- Crime reported to police in Oil City
- How long people stay in Oil City
- Crowding and facilities in Oil City
- Pennsylvania landlord and tenant rules
- Housing across Venango County
- Housing data for every place in Pennsylvania