Median Income
$33,669
household / year
Median Home Value
$75,300
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Petroleum, IN a Good Place to Live?

Petroleum is a small town of 85 in Indiana, with a median household income of $33,669 .

Strengths: Petroleum stands out for below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Petroleum is right for you depends on your priorities — the full breakdown is below.

All Petroleum city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Petroleum metro area.

Metric Petroleum, IN National Avg
Median Home Value $75,300 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income $33,669 $74,755

Crime & Safety

Very Safe

Petroleum's violent crime rate is 91.9 per 100,000 residents — 76% lower than the national average of ~380 per 100,000.

Violent Crime
91.9 /100k
Property Crime
364.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Petroleum, IN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 0.0% 35.4%
High School Diploma or Higher 31.7% 91.1%

Weather & Climate

Petroleum sees average highs of 32.8°F in January and 83.6°F in July, with 41.6 inches of annual precipitation and 27.8 inches of snow per year.

MetricPetroleum, IN
Average High — January32.8°F
Average High — July83.6°F
Annual Precipitation41.6"
Annual Snowfall27.8"

Demographics

MetricPetroleum, INNational Avg
Population85—
Median Age53.038.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1825.9%22.2%
65 and over36.5%16.8%

Nearby Cities

Petroleum vs Other Cities

Frequently Asked Questions

Petroleum has a median home value of $75,300 and median rent of N/A/month against a median household income of $33,669.
Petroleum's violent crime rate is 91.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 364.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Petroleum, IN has a population of 85, a median household income of $33,669, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Petroleum averages 32.8°F in January and 83.6°F in July. Annual rainfall is 41.6 inches with about 27.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Petroleum, Indiana is 85 with a median age of 53.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Petroleum: median home $75,300, median household income $33,669, crime index 21 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Petroleum side by side with your current city to see the trade-offs.