Living in Petrolia, Texas

Cost of living, income, home prices, rent and demographics of Petrolia · Census data 2020–2024

Petrolia has 416 residents with a median age of 51.2. The median household income is $63,750 (19% lower than the Texas median), the median home value is $95,600, the median rent is $942/month.

Petrolia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Petrolia at a glance

Population
416
Median age
51.2State: 35.6
Median household income
$63,750State: $78,476
Median home value
$95,600State: $283,800
Median rent
$942/moState: $1,403
Homeowners
81.5%
Bachelor's degree or higher
10.9%
Average commute
22 min

Is Petrolia a good place to live?

Pros: Home values 66% lower than the state median; an average commute of 22 minutes; a poverty rate of 13.5%.

Cons: Median household income 19% lower than the Texas median; unemployment of 10.7%.

The weather is best in March to May and October.

Cost of living in Petrolia

Housing is the biggest part of the cost of living. In Petrolia the median home value is $95,600, 71% lower than the U.S. median. Renters pay a median of $942 per month, which is 26.4% of household income. Homeowners with a mortgage pay $1,162 a month in housing costs.

Median home value

Petrolia$95,600
Texas$283,800
United States$332,700

Median monthly rent

Petrolia$942
Texas$1,403
United States$1,413

Petrolia median household income

The median household income in Petrolia is $63,750 and the income per person is $27,877. 13.5% of residents live below the poverty line (Texas: 13.8%).

Median household income

Petrolia$63,750
Texas$78,476
United States$80,734

Housing in Petrolia: homes for sale and rent

Housing units
297
Owner-occupied
81.5%
Renter-occupied
18.5%
Vacant
38%Includes seasonal homes
Median year built
1962
Average household size
2.26

38% of homes are vacant most of the year, a sign that Petrolia has many vacation and second homes.

Petrolia demographics

Population
416
Median age
51.2
Under 18
19%
65 and older
20.4%
Households
184
Foreign-born
0%
Veterans
6.8%Adults 18+

Race and ethnicity

White99%
Hispanic or Latino7.2%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Petrolia ›

Education in Petrolia

10.9% of adults 25 and older in Petrolia have a bachelor's degree or higher (Texas: 33.8%), and 3.5% have a graduate or professional degree.

Bachelor's degree or higher

Petrolia10.9%
Texas33.8%
United States35.7%

Jobs and commute in Petrolia

Unemployment rate
10.7%State: 5.3%
Average commute
22 minState: 27 min
Work from home
0%
Drive alone
96.7%
Public transit
0%
Walk to work
0%
Homes with broadband
77.2%

Petrolia vs nearby towns

TownPopulationMedian incomeHome valueRent
Petrolia416$63,750$95,600$942
Byers393$63,333$112,100—
Dean536$70,208$200,900—
Jolly185$102,000$211,700—
Henrietta3,167$66,630$145,600$790
Cashion Community309$80,000$245,800$1,021
Ryan795$53,092$48,400$500
Hastings124$42,813$70,000—
Waurika2,004$45,882$64,800$679

More for people moving to Petrolia

Petrolia ZIP code ›Weather and climate ›

Living in Petrolia: FAQ

What is the median household income in Petrolia, TX?

The median household income in Petrolia is $63,750, 19% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Petrolia?

The median home value in Petrolia is $95,600, compared with $283,800 in Texas.

How much is rent in Petrolia?

The median gross rent in Petrolia is $942 per month, about 26.4% of household income.

Is Petrolia, TX a good place to live?

Pluses: home values 66% lower than the state median; an average commute of 22 minutes; a poverty rate of 13.5%. Minuses: median household income 19% lower than the Texas median; unemployment of 10.7%.

What is the median age in Petrolia?

The median age in Petrolia is 51.2 years (Texas: 35.6).

How long is the commute in Petrolia?

The average commute to work in Petrolia is 22 minutes; 0% of workers work from home.

What is the unemployment rate in Petrolia?

The unemployment rate in Petrolia is 10.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Petrolia?

10.9% of adults in Petrolia have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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