Petrolia, TX
Full City Profile · Texas · Cotton County County
Petrolia, TX
At a Glance
How Petrolia Compares to the U.S. Average
Each bar shows Petrolia's value as a percentage of the national average (100% = U.S. avg)
Is Petrolia a Good Place to Live?
Economy & Jobs
Petrolia residents earn a median household income of $51,771 , which is 31% below the national average of $75,149. Per capita income is $26,952. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 13.8% of residents live below the poverty line. The area is home to 126 business establishments, including 7 restaurants.
Housing & Cost of Living
The median home value in Petrolia is $86,800 , 69% below the national median of $281,900. Zillow estimates the typical home at $175,986. Median rent is $768/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1963.
Education
14.1% of adults in Petrolia hold a bachelor's degree or higher (58% below the national average). 93.7% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Petrolia has an average annual temperature of 64°F (18°C). Winters average 42°F in January while summers reach 85°F in July. Annual precipitation totals 30.9 inches.