Oil City, PA — income, home value, property tax, and sales tax.
In ZIP code 16343, near Oil City, households earn a median of $83,264, yet per-capita income sits at just $21,991 — a gap that hints at larger households pooling wages rather than widespread affluence. Home values average $106,100, and the county-level property tax rate of 1.27% translates into a yearly bill around $1,348 on a median-priced house. Add a 6.00% combined sales tax on purchases, and the overall picture is a working- to middle-income community where earnings are spread across more people and the tax load stays tied to everyday spending and property.
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