Interested in purchasing investment houses in the 16301 zip code in Oil City, PA?
The zip code 16301 is in Venango county with a latitude of -79.635310000000 and longitude of 41.455550000000, is in the state of Pennsylvania. The average asking price of houses and condos is $93,909.00 and the average sale price was $56,405.00. this regions is classified as the Pittsburgh metro area and is in the 814 area code. The location in degrees is 41° 27' 19.98" N, 79° 38' 7.116" W. The county F.I.P.S. is 42121. This zip code contains five cities including Oil City, PA (4.44%), Sugarcreek, PA (3.88%), Hasson Heights, PA (1.40%), Woodland Heights, PA (0.89%), and Rouseville, PA (0.01%) The total land area is 106.6 square miles and the water area is 2.2 square miles. The elevation in this area is 1165 - 1581 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 16301 is in county number 121 and is L. Sector 00, L. Segment 01, H. Sector 07, and H. Segment 07. The population was 15,586 in 2019 and 16,321 in 2010. Of this, the break down in 2019 was 12,301 urban and 3,284 rural. This further breaks down to 7,724 males (49.6%) and 7,861 females (50.4%). The median age of residents is 44.2 years. The population of the greater Oil City, PA area is 55,112. The population density (people per square mile) is 146. This zip code has a combined total of 8,220 houses and condos. There are 1,868 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $41,158 and the average salary is $34,657. The median household income of individuals is $40,149.00 and the average is $49,070.00. This zip code has a mean commute time to work of 21.5 minutes. The unemployment rate is 6.7%. Income earners by percent breakdown as 61.80% (Under $50,000), 29.90% ($50,000-$100,000), and 8.30% earn over $100,000. 13.0% of residents live below poverty line versus the 12.0% in the state that are below this line. The cost of living index is 83.2. The educational breakdown is 92.7% have a high school education or higher, 22.7% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 6,767 households and the average size is 2.3 people. Individuals who are single and have never been married are 25.2%, 47.9% are now married, 3.0% are separated, 7.0% are widowed, and 16.8% are divorced. The average yearly contribution amount given by people to charity was $6,167 versus the state average of $4,025. The percent of residents who gave to charity was 8.7%.
The estimated median value of houses and condos is $78,619. The median monthly owner costs of mortgage holders was $841, where as the costs for those who don't have a mortgage are $373. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $1,218. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $2,887. The median housing property tax percent for residents with mortgages was 1.7% which amounted to an average tax amount of $1,404. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,028. Reported taxable interest for persons was $1,193, dividends $5,521, capital gains +$3,628, and itemized deductions $20,762. The average earned income tax credit is $2,082. The percent of individuals that use a tax preparer is 54.3%. The total average income taxes paid by individuals was $7,143. Businesses reported an average profit of $12,679.
Brass Rail
301 E 2nd St, Oil City, PA 16301
Villa Italia Ristorante
904 E 2nd St, Oil City, PA 16301
Billy's
275 Seneca St, Oil City, PA 16301
Nickel Restaurant & Lounge
297 Duncomb St, Oil City, PA 16301
Sportsman's Tavern
1604 State Route 8, Oil City, PA 16301
Wing Street
394 Seneca St, Oil City, PA 16301
Whimzys Restaurant
219 Seneca St, Oil City, PA 16301
Yellow Dog Lantern
218 Elm St, Oil City, PA 16301
Chen's Garden Chinese Restaurant
11 E 1st St, Oil City, PA 16301
Kay's Smorgasbord
211 E 2nd St, Oil City, PA 16301
Famoore's Family Restaurant
18 E 1st St, Oil City, PA 16301
Shamrock Tavern
310 Cooper Ave, Oil City, PA 16301
Double Play Sports Barxe2x80x8e
45 Seneca St, Oil City, PA 16301
The Chicken Coop
352 Seneca St, Oil City, PA 16301
Chen Graden
11 E 1st St, Oil City, PA 16301
Northside Eatery
219 Seneca St, Oil City, PA 16301
Mosaic Cafe
237 Seneca St, Oil City, PA 16301
Hm Mulligans
220 Sycamore St, Oil City, PA 16301
Last Call Tavern
297 Duncomb St, Oil City, PA 16301
Spilling the Beans Gourmet Coffee Housexe2x80x8e
2 W Front St, Oil City, PA 16301
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