Oil City vs Lake Charles: Housing
| Oil City | Lake Charles | |
|---|---|---|
| Median Home Value | $70,000 | $214,300 |
| Median Gross Rent | $413/mo | $1,109/mo |
| Homeownership Rate | 29.9% | 60.9% |
| Rent as Share of Income | 23.2% | 22.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.