Everything You Should Know Before Moving to Oil, IN
Considering a move to Oil, IN? With a close-knit population of 820 and a median home price of just $124,000, Oil offers affordable living and peaceful rural charm. Commute times average around 23 minutes, crime rates are lower than the national average, and the area enjoys pleasant weather with 56% sunny days. While schools and healthcare are nearby in Vincennes, the town’s standout feature is its quiet lifestyle and low cost of living—perfect for those seeking a slower pace.
Demographics - Oil, IN
Oil, Indiana is a small town of about 820 residents, predominately White, with a median age of 43.2 years. The community is close-knit, offering a balanced gender ratio and a quiet, rural lifestyle with low population density.
Population:
820
Density:
110 per sq mi
Median Age:
43.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.5%

Ethnic Composition
White:
94.3%
Black:
1.1%
Asian:
0.7%
Others:
3.9%
Cost Of Living
What is the average cost of living in Oil, IN?
Oil boasts a low cost of living, with a median home value of $124,000 and average rent at $780, making it affordable for families and retirees. Utilities and groceries are also below the national average, providing excellent value for everyday expenses.
Median House Value:
$124,000
Gross Rent:
$780
Monthly Electricity Charges:
$120
Auto Insurance:
$1,110
House Owner Cost With Mortgage:
$1,110
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
3.15%
|
High:
5.75%
Cost Of Living Index:
83.2
Grocery:
90.1
Housing:
67.3
Utilities:
93.7
Transportation:
88.4
Health Care:
91.2
Miscellaneous:
85.6
Crime
Is Oil, IN a safe place to live?
Crime rates in Oil are notably low, with residents facing a 1 in 1,280 chance of violent crime and a 1 in 96 chance of property crime. This safe environment contributes to the town's appeal for those seeking peace of mind.
Violent Crimes Per 100k:
78
Property Crimes Per 100k:
1,045
Crime Index:
1,123
Chance Of Violent Crime:
1 in 1,280
Chance Of Property Crime:
1 in 96
Weather
What is the weather like in Oil, IN year-round?
Oil experiences four distinct seasons, with warm summers reaching highs of 86°F and cold winters dipping to 19°F. The area enjoys moderate rainfall and about 56% sunny days each year, making for comfortable living conditions.

Winter
Min:
19°F
Max:
36°F

Spring
Min:
44°F
Max:
66°F

Summer
Min:
63°F
Max:
86°F

Fall
Min:
45°F
Max:
68°F
Average Rainfall Inches:
42.1 inches
Sunny Days Percentage:
56%
Neighbors
Most Oil residents have a median household income of $54,200 and a poverty rate just over 12%. The majority commute about 23 minutes to work, and education levels are solid, with nearly 90% holding a high school diploma or higher.
Median Income:
$38,000
Household Income:
$54,200
Family Income:
$67,400
Per Capita Income:
$25,500
Income Male:
$42,700
Income Female:
$33,900
Poverty Rate:
12.1%
Non English Speakers:
2.5%
Rent:
$780
Unemployment Rate:
4.8%
Public Transport Usage:
0.5%
Commute Time:
23.4 minutes

Education
High School or Higher:
88.3%
Bachelors or More:
16.4%
Education
How are the schools in Oil, IN?
Families in Oil benefit from local public and private schools, including Decker Elementary and Flaget Elementary, both offering small class sizes. Higher education opportunities are available just 15 miles away at Vincennes University, serving over 16,000 students.

Public Schools
Name:
Decker Elementary School
Street:
8757 S State Road 241, Decker, IN 47524
Phone:
812-769-4095
Students:
280
Student Teacher Ratio:
13.5

Private Schools
Name:
Flaget Elementary School
Street:
800 W 9th St, Vincennes, IN 47591
Phone:
812-882-5459
Students:
195

Colleges
Name:
Vincennes University
City:
Vincennes
State:
IN
Distance:
15 miles
Students:
16,000
Healthcare
Healthcare access in Oil is supported by nearby facilities like Good Samaritan Hospital in Vincennes, with 1.9 physicians per 1,000 residents and 91% health insurance coverage. Residents benefit from essential medical services within a short drive.

Major Hospitals
Name:
Good Samaritan Hospital
Address:
520 S 7th St, Vincennes, IN 47591
Phone:
(812) 882-5220
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
91.1%
Health Care Index:
72.3
Housing Market
What is the housing market like in Oil, IN?
The housing market in Oil is stable and affordable, with a median home price of $124,000 and a high owner-occupancy rate of 74%. Home values have seen modest appreciation, making it a sensible choice for buyers seeking long-term value.
Median Home Price:
$124,000
Average Rent For 2 Bedroom:
$780
Owner Occupied Rate:
74.2%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
3.8%
New Construction Rate:
1.1%
Foreclosure Rate:
0.7%
DMV Information
DMV services for Oil residents are provided by the Indiana Bureau of Motor Vehicles, accessible online or at the main office in Indianapolis. Routine licensing and registration needs are straightforward for new and existing residents.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 N Senate Ave, Indianapolis, IN 46204
Phone:
888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.