Oil is located in Perry County, Indiana. Oil has a 2025 population of 2,570. Oil is currently declining at a rate of -0.12% annually but its population has increased by 0.04% since the most recent census, which recorded a population of 2,569 in 2020.
The average household income in Oil is $85,428 with a poverty rate of 1.83%.The median age in Oil is 40.2 years: 38.8 years for males, and 44.1 years for females.
Data after 2023 is projected based on recent change
The racial composition of Oil includes 80.9% White, 11.22% Black or African American, and smaller percentages for other race and multiracial populations.
White (80.9%)
Black or African American (11.2%)
Two or more races (6.8%)
Other race (1.1%)
Race | Population | Percentage (of total) |
---|---|---|
White | 2,084 | 80.9% |
Black or African American | 289 | 11.22% |
Two or more races | 175 | 6.79% |
Other race | 28 | 1.09% |
Married
Widowed
Divorced
Separated
Never Married
Oil's average per capita income is $41,298. Household income levels show a median of $67,158. The poverty rate stands at 1.83%.
Name | Median | Mean |
---|---|---|
Families | $88,516 | $98,487 |
Married Families | $87,813 | - |
Households | $67,158 | $85,428 |
Non Families | - | $35,732 |
Average Income
Median Household Income
Poverty Rate