Oil City, LA Real Estate

According to census data in the year 2000 there were 536 housing units in Oil City. This represents a 4.5% decline from 561 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 536 were located in what is classified as a rural area.

Homeownership rate in Oil City is about 55.5%. Oil City's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Oil City were built after 1972.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom16.60%
Two Bedrooms33%
Three Bedrooms43.50%
Four Bedrooms4.90%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1971
Median Value of occupied units$34,600
Median Price asked for vacant units$33,800

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1973
Median Monthly Rent asked for vacant units$260

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan5.80%
Simple Mortgage39.10%
Debt Free51.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%