ZIP Code 71061 — Oil City town, LA Demographics & Data

ZIP code 71061 covers Oil City, LA in Caddo Parish with a population of about 1,834.

At a glance, the area shows median age of 37.1 versus a U.S. median of about 38.9.

It sits in telephone area code 318; U.S. House district LA-4; the SHREVEPORT media market.

Median household income in ZIP 71061 is about $31,250 — about 58% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 36.9%; unemployment rate near 10.6%; 5.0% of adults with a bachelor’s degree or higher (about 28.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Real estate, and Transportation; about 7.7% of workers reporting work-from-home (about 7.5 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $114,400 — about 67% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 54.6% (about 10.8 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 71061 in Oil City, LA, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $735. That is roughly in line with the local median household income ($31,250). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Oil City town, LA show little to no average snow and around 50.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 73 for ZIP 71061 (Oil City town, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.