All Countries
Oil Springs, ON
Full City Profile · Ontario
Oil Springs, ON
At a Glance
How Oil Springs Compares to the U.S. Average
Each bar shows Oil Springs's value as a percentage of the national average (100% = U.S. avg)
Is Oil Springs a Good Place to Live?
Economy & Jobs
Oil Springs residents earn a median household income of $91,000 , which is 21% above the national average of $75,149. Per capita income is $52,600. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 20 business establishments.
Housing & Cost of Living
The median home value in Oil Springs is $300,000 , 6% above the national median of $281,900. Median rent is $1,012/month, with 0.0% of renters spending more than 30% of income on housing.
Education
5.8% of adults in Oil Springs hold a bachelor's degree or higher (83% below the national average). 28.9% have completed high school.
Climate & Weather
Oil Springs has an average annual temperature of 47°F (8°C). Winters average 22°F in January while summers reach 71°F in July. The area gets 270 sunny days per year. Annual precipitation totals 36.6 inches.