Is Oil Springs a Good Place to Live?
Based on current data, Oil Springs receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate, strong internet connectivity. Oil Springs offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Oil Springs is $91,000, 21% above the national average of $75,149. Residents generally enjoy above-average earning potential. Unemployment stands at 4.3%, indicating a healthy job market. Only 4.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 28 minutes.
Cost of Living & Housing
The median home value in Oil Springs is $300,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,012 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.
Education
5.8% of residents hold a bachelor's degree, below the national average of 33.7%. 28.9% have completed high school.
Climate & Weather
Oil Springs experiences four distinct seasons with an average temperature of 47°F. Winters average 22°F in January while summers reach 71°F in July. With 270 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 36.6 inches, including 9.9 inches of snow. Air quality is rated Good with a median AQI of 27.