The median home value in Oil City, LA is $73,700. This is lower than the county median home value of $111,000. The national median home value is $219,700. The average price of homes sold in Oil City, LA is $73,700. Approximately 33.6% of Oil City homes are owned, compared to 54.66% rented, while 11.74% are vacant. Oil City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oil City real estate agent to arrange a tour today!
Oil City, Louisiana 71061 has a population of 1,048. Oil City 71061 is less family-centric than the surrounding county with 19.75% of the households containing married families with children. The county average for households married with children is 23.65%.
The median household income in Oil City, Louisiana 71061 is $20,769. The median household income for the surrounding county is $40,391 compared to the national median of $57,652. The median age of people living in Oil City 71061 is 35.8 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 51.3 inches per year, with 0.4 inches of snow per year.