Zip Code
16301
City
Oil City, PA
Population & Migration
What is the forecasted population for Zip code 16301 Oil City, PA?
- Population census 2020
- 15,044
- Forecasted population 2025
- 14,953
- -0.01% vs. 2020
- Forecasted population 2030
- 14,815
- -0.02% vs. 2020
Zip code 16301 Oil City, PA population is forecasted to decrease -0.01% by 2025 (-5.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 14,953 people for 2025 zip code 16301 Oil City, PA will generate a good demand for housing, which is expected to have an excess of -120 houses for 2030. Vacancy rate is 7.3 points above national US average.
- Total homes available 2020
- 7,976
- Estimated total home demand in 2030
- 7,855
- Total homes balance inventory
- -120
Average Household Income in zip code 16301 Oil City, PA
from Internal Revenue Service
- Average household income in 2021
- $64,706
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 16301 Oil City, PA?
County total number of drinking water violations
742
+204%
244
County total number of drinking water contaminations
81
+238%
24
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