Oil City, a city located in the state of Pennsylvania (PA), is home to a population of approximately 9,599 people. Oil City boasts a median age of 43.5, with around 27.7% of its residents aged 60 or above. 9.9% of the population identifies as US Veterans. 20.4% of Oil City residents are disabled. The city has an average household income of $48,632, while the unemployment rate stands at 7.8%, and around 16.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Oil City is $61,630, with a monthly rent averaging $767.