Oil City, LA Profile: Facts & Data

Oil City, Louisiana - Basic Facts

The Town of Oil City had a population of 851 as of July 1, 2024.

The primary coordinate point for Oil City is located at latitude 32.744 and longitude -93.9716 in Caddo Parish. The formal boundaries for the Town of Oil City encompass a land area of 1.78 sq. miles and a water area of 0.06 sq. miles. Caddo Parish is in the Central time zone (GMT -6).

The Town of Oil City has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Oil City is located within Parish Governing Authority District 1, a minor civil division (MCD) of Caddo Parish.

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Oil City, LA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	851 (100%)
Population in Households	851 (100.0%)
Population in Families	681 (80.0%)
Population in Group Quarters¹	0
Population Density	452
Diversity Index²	48


INCOME
Median Household Income	$50,118
Average Household Income	$61,396
% of Income for Mortgage⁴	26%
Per Capita Income	$25,035
Wealth Index⁵	42
Socioeconomic Status Index⁶	Low (43.3)

HOUSING
Total HU (Housing Units)	413 (100%)
Owner Occupied HU	231 (55.9%)
Renter Occupied HU	116 (28.1%)
Vacant Housing Units	66 (16.0%)
Median Home Value	$210,096
Average Home Value	$239,394
Housing Affordability Index³	96

HOUSEHOLDS
Total Households	347
Average Household Size	2.45
Family Households	212
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

413 (100%)

Owner Occupied HU

231 (55.9%)

Renter Occupied HU

116 (28.1%)

Vacant Housing Units

66 (16.0%)

Median Home Value

$210,096

Average Home Value

$239,394

Housing Affordability Index³

HOUSEHOLDS

Total Households

347

Average Household Size

2.45

Family Households

212

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.33%	-0.89%
Households	-0.67%	-0.17%
Families		0.19%
Median Household Income		1.50%
Per Capita Income		4.39%
Owner Occupied HU		0.77%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.33%

-0.89%

Households

-0.67%

-0.17%

Families

0.19%

Median Household Income

1.50%

Per Capita Income

4.39%

Owner Occupied HU

0.77%

Oil City, LA - Peer Comparisons by Rank and Percentile

The table below compares Oil City to the other 489 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 286	42nd
Population Density	# 264	46th
Median Household Income	# 250	49th
Housing Affordability Index	# 106	22nd
Per Capita Income	# 323	34th
Diversity Index	# 286	42nd

Variable Description

Rank

Percentile

Total Population

# 286

42nd

Population Density

# 264

46th

Median Household Income

# 250

49th

Housing Affordability Index

# 106

22nd

Per Capita Income

# 323

34th

Diversity Index

# 286

42nd

Louisiana Census Data Comparison Tool

Oil City, LA Profile: Facts & Data

Oil City, Louisiana - Basic Facts

Oil City, LA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Oil City, LA - Peer Comparisons by Rank and Percentile

Oil City, LA - Most Popular Things to Do

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Caddo Parish