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
Income Overview
Median Household Income
$74,970
0% below
US avg: $75,149
Per Capita Income
$50,652
30% above
US avg: $39,052
Unemployment Rate
10.1%
181% above
US avg: 3.6%
Poverty Rate
7.0%
44% below
US avg: 12.4%
Income Comparison: Olcott vs. U.S. Average
Each bar shows Olcott’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$74,970
100%
Per Capita
US: $39,052
$50,652
130%
IRS Avg AGI
US: $72,000
$65,629
91%
Avg Weekly Wage
US: $1,432
$1,071
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,071
25% below US avg ($1,432)
Mean Commute Time
32 min
15% above US avg (28 min)
Work From Home
7.3%
52% below US avg (15.2%)
Drive Alone
82.5%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$13,570M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.5%
Public Transit
0%
Work From Home
7.3%
Other
10.2%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,950
Restaurants
534
Healthcare
485
Retail
715
Manufacturing
254
Tax & Financial
IRS Avg Adjusted Gross Income
$65,629
9% below US avg ($72,000)
Avg Property Tax
$7,213
106% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $74,970 |
| Per Capita Income | $50,652 |
| IRS Avg Adjusted Gross Income | $65,629 |
| Avg Weekly Wage | $1,071 |
| County GDP | $13,570M |
Hardship Indicators
| Unemployment Rate | 10.1% |
| Poverty Rate | 7.0% |
| Gini Coefficient | 0.443 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 82.5% |
| Public Transit | 0.0% |
| Work From Home | 7.3% |
Businesses
| Total Establishments | 4,950 |
| Restaurants | 534 |
| Healthcare | 485 |
| Retail | 715 |
| Manufacturing | 254 |
Tax
| IRS Avg AGI | $65,629 |
| Avg Property Tax | $7,213 |