Oil City, PA — income, home value, property tax, and sales tax.
In ZIP code 16374, which takes in Oil City, households bring in a median of $57,829 a year, while per-capita income sits at $34,991. That earnings level shapes how far a paycheck stretches here. A home valued at $128,800 falls under Venango County's 1.27% effective property tax rate, translating into a yearly bill that many owners can plan around. Day-to-day purchases carry a 6.00% combined sales tax, so each dollar spent locally keeps a bit less in the wallet. Together, these figures sketch a place where housing costs stay within reach of the area's working households.
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