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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 16.60% |
| Two Bedrooms | 33% |
| Three Bedrooms | 43.50% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $34,600 |
| Median Price asked for vacant units | $33,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $260 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 39.10% |
| Debt Free | 51.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
