Oil City, PA — income, home value, property tax, and sales tax.
In ZIP code 16346, which takes in Oil City, households earn a median of $59,718, while per-capita income sits at $34,635. A median home value of $153,700 pairs with a county property tax rate of 1.27%, which works out to roughly $1,950 a year in taxes on that home. Sales tax across the area totals 6.00%, so everyday purchases carry a fairly standard added cost. Together these figures shape how far a paycheck stretches here: housing costs and income tax obligations stay tied to local wages, leaving day-to-day spending decisions to absorb the rest.
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