Oil Springs, Kentucky Population 2024

2,922

Oil Springs is a city located in Kentucky. Oil Springs has a 2024 population of 2,922. Oil Springs is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.

The average household income in Oil Springs is $50,370 with a poverty rate of 28.03%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Oil Springs is 41.8 years, 41.3 years for males, and 46.2 years for females.

Oil Springs Demographics

According to the most recent ACS, the racial composition of Oil Springs was:

  • White: 94.39%
  • Two or more races: 5.17%
  • Other race: 0.44%
  • Black or African American: 0%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
53.0 sq mi
Density (mi²)
55.20/sq mi
The current population of Oil Springs, Kentucky is 2,922 based on our projections of the latest US Census estimates.

Oil Springs, Kentucky Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,75894.39%
Two or more races1515.17%
Other race130.44%
Black or African American00%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Oil Springs Population by Race

Oil Springs Population Pyramid 2024

Oil Springs Median Age

41.8

Total

41.3

Male

46.2

Female

Oil Springs Adults

There are 2,341 adults, (565 of whom are seniors) in Oil Springs.

Oil Springs Age Dependency

64.5

Age Dependency Ratio

31.8

Old Age Dependency Ratio

32.7

Child Dependency Ratio

Oil Springs Sex Ratio

Female1,36346.65%
Male1,55953.35%

Oil Springs Population by Age

Oil Springs Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,1302.5874.525.5
Married682377.722.3
Non Family2461.4891.98.1
Female1652.4935.864.2
Male372.597327

2.82

Average Family Size

2.58

Average Household Size

74.5%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Oil Springs Households and Families

Male

Female

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Education Attained
Count
Percentage
Less Than 9th Grade1336.19%
9th to 12th Grade26412.28%
High School Graduate90241.95%
Some College45020.93%
Associates Degree1356.28%
Bachelors Degree1908.84%
Graduate Degree763.53%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Oil Springs Educational Attainment by Sex (over 25)

Oil Springs Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White1,9891,697252
2+ Races142508
Hispanic4066
Other Race1300

The highest rate of high school graduation is among white people with a rate of 85.32%.

The highest rate of bachelors degrees is among hispanic people with a rate of 15%.

Oil Springs Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Overall$31,094$44,184$19,239
Less Than 9th Grade$0$0$0
High School Graduate$20,250$43,500$9,412
Some College$26,389$43,269$18,043
Bachelors Degree$55,938$55,938$56,250
Graduate Degree$69,500$0$0

$31,094

Average Earnings

$44,184

Average Male

$19,239

Average Female

Oil Springs Earnings by Educational Attainment

Oil Springs Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Oil Springs Language

99.78% of Oil Springs residents speak only English, while 0.22% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.22% of the population.

Oil Springs Language

Oil Springs Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,75272226.24%
Multiple1519764.24%

28.03%

Overall Poverty Rate

28.48%

Male Poverty Rate

27.51%

Female Poverty Rate

Poverty in Oil Springs

The race most likely to be in poverty in Oil Springs is Multiple, with 64.24% below the poverty level.

The race least likely to be in poverty in Oil Springs is White, with 26.24% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 5.33%. Among those working part-time, it was 28.71%, and for those that did not work, the poverty rate was 36.98%.

Oil Springs Poverty

rate

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Rate
Poverty
Less Than 9th Grade39.8%
Some College29.74%
High School26.05%
Bachelors or Greater6.02%

Oil Springs Poverty Rate by Education

rate

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Rate
Poverty
Male Employed0%
Male Unemployed0%
Female Employed25.06%
Female Unemployed22.97%

Oil Springs Poverty Rate by Employment Status and Sex

Oil Springs Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Households$32,336$50,370
Families$38,532$59,120
Married Families$40,543$-999,999,999
Non Families$17,545$17,013

mean

median

Income by Household Type

Oil Springs Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

58.9%

Overall Marriage Rate

61.1%

Male Marriage Rate

56.7%

Female Marriage Rate

Oil Springs Married by Age and Sex

male

female

Oil Springs Marriage

The age group where males are most likely to be married is 20-34, while the female age group most likely to be married is 55-64.

Oil Springs Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Oil Springs Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

146

Number of Veterans

139

Male Veterans

7

Female Veterans

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War
Veterans
First Gulf War43
Vietnam38
Second Gulf War19
Korea17
World War II0

Oil Springs Veterans by War

count

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Age Group
Veterans
35 to 5453
75+39
55 to 6429
65 to 7416
18 to 349

Oil Springs Veterans by Age

count

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Name
Veterans
% of Total
White1376.29%
2+ Races95.96%

Oil Springs Veterans by Race

Oil Springs Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

39.04%

Veteran Poverty Rate

73.97%

Veteran Disability Rate

Oil Springs Veterans by Education

LaborForceParticipation

38.5%

Labor Force Participation

35.4%

Employment Rate

8%

Unemployment Rate

Oil Springs Employment by Age

LaborForceParticipation

Oil Springs Employment by Race

LaborForceParticipation

Oil Springs Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

88.4%

Born in Oil Springs

99.35%

Native Born

0.65%

Foreign Born

0.21%

Non Citizen

0.44%

Naturalized

Place of Birth

99.35% of Oil Springs residents were born in the United States, with 88.4% having been born in Kentucky. 0.21% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Oil Springs Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20242,92200%

Oil Springs Population by Year