Oil City is a city in Pennsylvania state in USA with a population of 9750 residents.. The poverty rate of Oil City is 17.7%, which is 26% higher than national average. The typical household in Oil City earns $41591 a year, compared to the national median of $67,500. Nearly 59.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Oil City, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Oil City remained 8.1%, which is 72% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Oil City, only 23% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Oil City is 83, which is 17% lower than national average. Median home value in Oil City is $56500 , which is 75% lower than national average. While median income in Oil City remained $41591, which is 38% lower than national average.