Also See Petroleum, IN: ZIP Codes & Maps
The Petroleum CDP(1) had a population of 114 as of July 1, 2023.
The primary coordinate point for Petroleum is located at latitude 40.6114 and longitude -85.1508 in Wells County. Wells County is in the Eastern time zone (GMT -5).
It also has a Functional Status Code of ""
The Petroleum Census Designated Place is located within Township of Nottingham, a minor civil division (MCD) of Wells County.
POPULATION | |
---|---|
Total Population | 114 (100%) |
Population in Households | 114 (100.0%) |
Population in Families | 115 (100.9%) |
Population in Group Quarters1 | 0 |
Population Density | 1,385 |
Diversity Index2 | 13 |
INCOME | |
Median Household Income | $69,497 |
Average Household Income | $64,683 |
% of Income for Mortgage4 | 0% |
Per Capita Income | $21,561 |
Wealth Index5 | 44 |
Socioeconomic Status Index6 | High (68.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 38 (100%) |
Owner Occupied HU | 38 (100.0%) |
Renter Occupied HU | 0 |
Vacant Housing Units | 0 |
Median Home Value | $173,333 |
Average Home Value | $155,263 |
Housing Affordability Index3 | 0 |
HOUSEHOLDS | |
Total Households | 38 |
Average Household Size | 3.00 |
Family Households | 37 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.31% | 0.00% |
Households | -0.80% | 0.00% |
Families | 1.06% | |
Median Household Income | 1.67% | |
Per Capita Income | 1.82% | |
Owner Occupied HU | -2.78% |
The table below compares Petroleum to the other 973 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 788 | 19th |
Population Density | # 296 | 70th |
Median Household Income | # 384 | 61st |
Housing Affordability Index | # 227 | 23rd |
Per Capita Income | # 944 | 3rd |
Diversity Index | # 676 | 30th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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