Petrolia, TX Profile: Facts & Data

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Petrolia, Texas - Basic Facts

The City of Petrolia had a population of 676 as of July 1, 2019. Petrolia ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Petrolia is located at latitude 34.0132 and longitude -98.2323 in Clay County. The formal boundaries for the City of Petrolia encompass a land area of 0.74 sq. miles and a water area of 0 sq. miles. Clay County is in the Central time zone (GMT -6). The elevation is 997 feet.

The City of Petrolia (GNIS ID: 2411409) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Petrolia is located within Byers-Petrolia Division of Clay County.


Jump to... (On This Page!)
  1. Petrolia 2019 Demographic Data
  2. Growth Rates for Petrolia (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Petrolia, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Petrolia, TX Housing Affordability Index is 275
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Petrolia, TX Wealth Index is 53
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 676
Population in Households 676
Population in Familes 556
Population in Group Qrtrs 0
Population Density 915
Diversity Index1 25
 

INCOME

Median Household Income $40,041
Average Household Income $53,756
Per Capita Income $20,875
Wealth Index3 53

HOUSING

Total Housing Units 338 (100%)
Owner Occupied HU 198 (58.6%)
Renter Occupied HU 69 (20.4%)
Vacant Housing Units 71 (21.0%)
Median Home Value $66,667
Housing Affordability Index2 275
 

HOUSEHOLDS

Total Households 267
Average Household Size 2.53
Family Households 181
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.16% -0.27%
Households -0.28% -0.3%
Families -0.47% -0.33%
Median Household Income   1.86%
Per Capita Income   3.02%

Petrolia, TX - Peer Comparisons by Rank and Percentile

The table below compares Petrolia to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1151 34th
Population Density # 793 55th
Diversity Index # 1505 14th
Median Household Income # 1277 27th
Per Capita Income # 1175 33rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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