What percentage of people rent in Oil City, PA?
38.7% (±4.5 points) of the occupied homes in Oil City, PA are rented (2020–2024 American Community Survey).
That is 1,514 renting households against 2,394 that own their home.
In Oil City, the share of households that rent went from 37.3% in 2015–2019 to 38.7% in 2020–2024 (+1.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 38.7% (±4.5 points)
- Renting households
- 1,514 (±220)
- Median renter income
- $26,750 (±$6,929)
Who rents and who owns in Oil City
| Oil City | Venango County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 38.7% (±4.5 points) | 24.7% (±1.5 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 1,514 (±220) | 5,287 (±336) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 2,394 (±160) | 16,110 (±392) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $26,750 (±$6,929) | $33,474 (±$2,930) | $47,506 (±$425) | $52,966 |
| Median owner household income | $68,306 (±$5,631) | $73,296 (±$3,639) | $95,990 (±$362) | $100,009 |
In Oil City, the renter share is higher than in Venango County (24.7%).
It is also higher than in Pennsylvania (30.7%).
It is not measurably different from the national figure (34.8%).
In Venango County, Oil City ranks 2 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 376 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Oil City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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 household income | $39,750 (±$3,324) | $51,316 (±$6,404) | +29.1% | 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.
Households that rent in places near Oil City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Oil City | — | 38.7% (±4.5 points) | — |
| Woodland Heights | 1.3 mi | 51.7% (±16.3 points) | Not measurably different |
| Hasson Heights | 2.1 mi | 8.8% (±5.0 points) | Lower |
| Rouseville | 3.1 mi | 29.7% (±12.7 points) | Not measurably different |
| Seneca | 3.6 mi | 32.1% (±12.6 points) | Not measurably different |
| Cranberry Township (Venango County) | 4.2 mi | 28.2% (±7.2 points) | Lower |
| Oakland Township (Venango County) | 5.4 mi | 9.1% (±6.0 points) | Lower |
| Cornplanter Township | 5.5 mi | 6.9% (±3.3 points) | Lower |
| Sugarcreek | 6.3 mi | 14.1% (±6.4 points) | Lower |
Nearby places with a measurably lower figure: Hasson Heights, PA (8.8%), Cranberry Township (Venango County), PA (28.2%), Oakland Township (Venango County), PA (9.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Venango County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Franklin (Venango County) | 52.5% (±6.3 points) |
| 2 | Oil City | 38.7% (±4.5 points) |
| 3 (tie) | Clintonville | 38.0% (±15.3 points) |
| 3 (tie) | Emlenton | 38.0% (±9.2 points) |
| 5 | Rouseville | 29.7% (±12.7 points) |
| 6 | Cranberry Township (Venango County) | 28.2% (±7.2 points) |
| 7 | Clinton Township (Venango County) | 22.3% (±7.9 points) |
| 8 | Utica | 21.6% (±15.2 points) |
Showing 8 of 31 places in Venango County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Oil City
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Questions about Oil City
How many renters are there in Oil City?
Oil City has an estimated 1,514 (±220) renting households, 38.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Oil City?
In Oil City, the share of households that rent went from 37.3% in 2015–2019 to 38.7% in 2020–2024 (+1.4 percentage points), not a measurable change.
How big are renting households in Oil City?
A renting household in Oil City has 1.8 people on average, against 2.7 in an owned home.
How much do renters earn in Oil City?
The median renting household in Oil City, PA has an income of $26,750 (±$6,929) a year, against $68,306 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oil City city, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 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 Household Income (B19013), 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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
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- Population growth 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
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania