Olcott, NY

Full City Profile · New York · Niagara County County

3.6 /5.0
B+ Good
821 Population 226/sq mi density
$74,970 Median Income $50,652 per capita
$162,100 Home Value $216,690 Zillow
$942 Median Rent 15.3% income on rent
49°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$74,970 median income, 10.1% unemployment
A+
Affordability
5.0 / 5.0
$162,100 home value, $942/mo rent
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher

Olcott, NY

At a Glance

Median Income
$74,970
0% below
$50,652 per capita
Home Value
$162,100
42% below
Zillow: $216,690
Median Rent
$942/mo
19% below
15.3% of income on rent
Bachelor's Degree+
21.3%
37% below
94.5% high school+
Unemployment
10.1%
181% above
7.0% poverty rate
Obesity Rate
38.8%
21% above
14.9% smoking rate
Avg Temperature
49°F

How Olcott Compares to the U.S. Average

Each bar shows Olcott's value as a percentage of the national average (100% = U.S. avg)

Income
100%
Home Value
58%
Rent
81%
Poverty
56%
Bachelor's
63%
Unemployment
281%
Thin vertical line = U.S. national average (100%)

Is Olcott a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Olcott residents earn a median household income of $74,970 , which is 0% below the national average of $75,149. Per capita income is $50,652. The unemployment rate stands at 10.1% (181% above the U.S. rate of 3.6%). 7.0% of residents live below the poverty line. The area is home to 4,950 business establishments, including 534 restaurants.

Housing & Cost of Living

The median home value in Olcott is $162,100 , 42% below the national median of $281,900. Zillow estimates the typical home at $216,690. Median rent is $942/month, with 15.3% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1959.

Education

21.3% of adults in Olcott hold a bachelor's degree or higher (37% below the national average). 94.5% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Olcott has an average annual temperature of 49°F (10°C). Winters average 25°F in January while summers reach 72°F in July. Annual precipitation totals 32.2 inches. Air quality is rated Good with a median AQI of 34.

Data Overview

People

Population821
Median Age43.7 yrs
Density226/mi²
Male / Female50% / 50%
Foreign Born1.8%
Veterans9.0%

Economy

B
Median Income$74,970
Per Capita$50,652
Unemployment10.1%
Poverty7.0%
County GDP$13,570M
Avg Weekly Wage$1,071

Housing

A+
Home Value$162,100
Rent$942
Ownership80.4%
Zillow$216,690
Housing Units638
Rent Burden15.3%

Health

Obesity38.8%
Diabetes8.6%
Smoking14.9%
Heart Disease5.4%
Premature Death9,535/100K

Climate

Avg Temp49°F
Rain32.2 in/yr
AQI34 (Good)
Elevation301 ft

Education

C+
Bachelor's+21.3%
High School+94.5%
Graduate+8.6%
School Score5.4/10

Community

2024 VoteR 57% / D 43%
Commute32 min
Broadband93.1%
Internet Speed175 Mbps
EV Stations12
Libraries12

Did You Know?

The median home in Olcott was built in 1959.
The nearest airport is Niagara Falls International (19 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
14.1% of the population has a disability.
Average internet download speed is 175 Mbps.
There are 534 restaurants in the area.
The county recorded 25 fatal vehicle crashes.