Petroleum, IN

Full City Profile · Indiana · Wells County County

2.1 /5.0
C Fair
83 Population 1,038/sq mi density
$74,600 Home Value $222,558 Zillow
51°F Avg Temperature
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Education
2.1 / 5.0
0.0% bachelor's degree or higher

Petroleum, IN

At a Glance

Home Value
$74,600
74% below
Zillow: $222,558
Bachelor's Degree+
0.0%
100% below
28.6% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
41.5%
29% above
15.8% smoking rate
Avg Temperature
51°F

How Petroleum Compares to the U.S. Average

Each bar shows Petroleum's value as a percentage of the national average (100% = U.S. avg)

Home Value
26%
Poverty
0%
Bachelor's
0%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Petroleum a Good Place to Live?

C
2.1 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Housing & Cost of Living

The median home value in Petroleum is $74,600 , 74% below the national median of $281,900. Zillow estimates the typical home at $222,558. The cost of living index is 93.3 (100 = national average). The median home was built in 1938.

Education

0.0% of adults in Petroleum hold a bachelor's degree or higher (100% below the national average). 28.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Petroleum has an average annual temperature of 51°F (10°C). Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 41.9 inches.

Data Overview

People

Population83
Median Age53.2 yrs
Density1,038/mi²
Male / Female12% / 88%
Foreign Born0.0%
Veterans0.0%

Economy

Median Income
Per Capita$27,331
Unemployment0.0%
Poverty0.0%
County GDP$1,577M
Avg Weekly Wage$962

Housing

Home Value$74,600
Rent
Ownership100.0%
Zillow$222,558
Housing Units51
Rent Burden22.9%

Health

Obesity41.5%
Diabetes10.0%
Smoking15.8%
Heart Disease5.1%
Premature Death7,314/100K

Climate

Avg Temp51°F
Rain41.9 in/yr
Elevation858 ft

Education

C
Bachelor's+0.0%
High School+28.6%
Graduate+0.0%
School Score6.2/10

Community

2024 VoteR 78% / D 20%
Broadband100.0%
Internet Speed102 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Petroleum was built in 1938.
The nearest airport is Fort Wayne International (25 miles).
The Gini coefficient (income inequality) is 0.391 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
24.1% of the population has a disability.
Average internet download speed is 102 Mbps.
The county recorded 2 fatal vehicle crashes.