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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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