In 2017, Oil City, PA had a population of 52.9k people with a median age of 46 and a median household income of $46,487. Between 2016 and 2017 the population of Oil City, PA declined from 53,460 to 52,880, a -1.08% decrease and its median household income grew from $43,885 to $46,487, a 5.93% increase.
The 5 largest ethnic groups in Oil City, PA are White (Non-Hispanic) (96.1%), Two or More Races (Non-Hispanic) (1.54%), Black or African American (Non-Hispanic) (0.859%), White (Hispanic) (0.84%), and Asian (Non-Hispanic) (0.371%). N/A% of the people in Oil City, PA speak a non-English language, and 99.7% are U.S. citizens.
The largest universities in Oil City, PA are Venango County Area Vocational Technical School (28 degrees awarded in 2017).
The median property value in Oil City, PA is $85,000, and the homeownership rate is 74.8%. Most people in Oil City, PA commute by Drove Alone, and the average commute time is 21.2 minutes. The average car ownership in Oil City, PA is 2 cars per household.