Income & Economy in Oil City town, LA (71061)
Median Income
$31,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+73
Wealth inflow
Population
1,834
Unemployment
10.6%
6.9pp above US avg
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.
Historical Trends in 71061 (2020–Present)
Since 2020, population grew 19.1%, median income fell 37.4% (inflation-adjusted), home values decreased 28.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $31,250 |
| Unemployment | 10.6% |
| Establishments | 42 |
| Employees | 804 |