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 Units by Size|
|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
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|