Census Bureau data for Olean city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Olean city
- What is the median household income in Olean city?
- The median household income in Olean city is $47,553 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Olean city?
- The poverty rate in Olean city is 19.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Olean city?
- $90,500 (U.S. Census Bureau ACS 2023).
- What is the average rent in Olean city?
- The median gross rent in Olean city is $786 per month (U.S. Census Bureau ACS 2023).
- What percentage of Olean city residents have a college degree?
- 29.1% of adults in Olean city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
13,798
Median Income
$47,553
Median Home Value
$90,500
Poverty Rate
19.9%
Unemployment (ACS 2023)
6.3%
Median Age
38.0 yrs
Since 2019
Median Income:
+$5,811 (+13.9%)
Home Value:
+$10,300 (+12.8%)
Poverty Rate:
+8.4 pp (+73%)
Bachelor's+:
+4.1 pp (+16.4%)
Unemployment:
+0.9 pp (+16.7%)
Demographics
Total Population
13,798
Median Age
38.0
Female
51.2%
Race & Ethnicity
Hispanic or Latino 1.1%
White (non-Hisp.) 86.9%
Black 2.4%
Asian 2.2%
Two or More 6.2%
Other 0.8%
Asian Subgroups (% of total pop.)
Indian
0.7%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
0.7%
Mexican
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$47,553
±$5,593
-$37,025 vs. state
Per Capita Income
$65,854
Median Family Income
$67,324
Poverty Rate
19.9%
+10.1 pp vs. state
Child Poverty Rate
26.7%
Working-Age Poverty Rate
—
SNAP Recipients
25.1%
Social Security Income
—
Retirement Income
27.9%
Household Income Distribution
< $10k
6.8%
$10–15k
11.0%
$15–25k
9.7%
$25–35k
9.6%
$35–50k
14.8%
$50–75k
15.4%
$75–100k
9.6%
$100–150k
16.6%
$150–200k
3.7%
$200k+
2.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
6,912
Owner-Occupied
54.3%
Renter-Occupied
45.7%
Vacancy Rate
10.1%
Median Home Value
$90,500
-$312,500 vs. state
Median Gross Rent
$786
Owner Cost Burden (30%+)
15.8%
Renter Cost Burden (30%+)
42.7%
Home Value Distribution
< $50k
9.0%
$50–100k
47.1%
$100–200k
21.9%
$200–300k
4.7%
$300–500k
3.4%
$500k–$1M
1.2%
$1M+
0.8%
Gross Rent Distribution
< $500
15.9%
$500–1k
59.3%
$1–1.5k
22.7%
$1.5–2k
1.2%
$2–2.5k
0.5%
$3.5k+
0.5%
Vehicle Availability
No vehicle
18.4%
1 vehicle
39.0%
2 vehicles
32.4%
3+
10.2%
Housing Type
Single-fam. det.
56.9%
Single-fam. att.
0.9%
2–4 units
17.7%
5–19 units
6.7%
20+ units
4.8%
Mobile home
1.0%
Housing Age
Pre-1940
55.9%
1940–1969
9.4%
1970–1999
7.4%
2000–2009
2.2%
2010+
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
89.4%
Bachelor's or Higher
29.1%
-10.5 pp vs. state
Graduate Degree
13.8%
Some College / Associate
13.1%
Less Than High School
4.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.1%
Unemployment Rate
6.3%
+0.1 pp vs. state
Work from Home
8.5%
Self-Employed
4.3%
Government Workers
20.0%
Private For-Profit
75.7%
Industry
Edu/Health
32.9%
Manufacturing
13.5%
Retail
11.9%
Arts/Entmt.
11.4%
Prof. Services
7.2%
Public Admin
5.0%
Finance
4.6%
Construction
3.3%
Transportation
2.2%
Information
1.9%
Wholesale
1.9%
Agriculture
0.1%
Occupation
Management
40.4%
Food Prep
20.9%
Sales
20.0%
Production
14.4%
Construction
4.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
16.4 min
Drove Alone
74.7%
Carpool
8.2%
Public Transit
1.6%
Work from Home
8.5%
Walked
5.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
6,215
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
32.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.2%
5–9
7.0%
10–14
7.3%
15–19
5.5%
20–24
5.6%
25–34
13.3%
35–44
14.3%
45–54
10.6%
55–64
4.9%
65–74
7.1%
75–84
11.9%
85+
4.2%
Under 18: 24.7%
Working age (18–64): 75.3%
65 and over: 18.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
3.0%
Naturalized Citizen
67.5%
Speaks English Less Than Very Well
1.1%
Foreign-Born Origin
Asia
53.7%
Latin America
38.2%
Veterans & Disability
Veteran
6.5%
With a Disability
18.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.0%
Uninsured
4.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
84.9%
Has a Computer
89.7%
Same House 1 Year Ago
87.7%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023