Olean, NY
Full City Profile · New York · Cattaraugus County County
3.1
/5.0
B
Good
13,798
Population
2,339/sq mi density
$47,553
Median Income
$29,654 per capita
$90,500
Home Value
$108,889 Zillow
$786
Median Rent
31.8% income on rent
46°F
Avg Temperature
246 sunny days/yr
333
Violent Crime/100K
2,296 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$47,553 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$90,500 home value, $786/mo rent
F
Safety
1.0 / 5.0
333 violent crimes/100K
B
Education
3.3 / 5.0
29.1% bachelor's degree or higher
Income Overview
Median Household Income
$47,553
37% below
US avg: $75,149
Per Capita Income
$29,654
24% below
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
19.9%
60% above
US avg: 12.4%
Income Comparison: Olean vs. U.S. Average
Each bar shows Olean’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$47,553
63%
Per Capita
US: $39,052
$29,654
76%
IRS Avg AGI
US: $72,000
$61,456
85%
Avg Weekly Wage
US: $1,432
$1,039
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,039
27% below US avg ($1,432)
Mean Commute Time
16 min
41% below US avg (28 min)
Work From Home
8.5%
44% below US avg (15.2%)
Drive Alone
74.7%
2% above US avg (73.2%)
Public Transit
1.6%
69% below US avg (5.0%)
County GDP
$3,919M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74.7%
Public Transit
1.6%
Work From Home
8.5%
Other
15.2%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,778
Restaurants
201
Healthcare
159
Retail
284
Manufacturing
66
Tax & Financial
IRS Avg Adjusted Gross Income
$61,456
15% below US avg ($72,000)
Avg Property Tax
$6,494
86% 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 | $47,553 |
| Per Capita Income | $29,654 |
| IRS Avg Adjusted Gross Income | $61,456 |
| Avg Weekly Wage | $1,039 |
| County GDP | $3,919M |
Hardship Indicators
| Unemployment Rate | 3.9% |
| Poverty Rate | 19.9% |
| Gini Coefficient | 0.441 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 74.7% |
| Public Transit | 1.6% |
| Work From Home | 8.5% |
Businesses
| Total Establishments | 1,778 |
| Restaurants | 201 |
| Healthcare | 159 |
| Retail | 284 |
| Manufacturing | 66 |
Tax
| IRS Avg AGI | $61,456 |
| Avg Property Tax | $6,494 |
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