New York · Census place 54716
Olean city, NY
Quick answer
Olean city has 13,798 residents, ranking #147 of 1292 places in New York. Median household income is $47,553, the median home is worth $90,500 and median gross rent runs $786 a month.
- Population
- 13,798Olean city residents
- Median household income
- $47,553Past 12 months, inflation adjusted
- Median home value
- $90,500Owner-occupied units
- Median gross rent
- $786Rent plus utilities, monthly
- Median age
- 38.7 yrsAll residents
- Homeownership rate
- 54.3%Owner-occupied households
What the numbers mean in Olean city
Housing cost measured against local earnings.
A household earning the Olean city median would spend about 19.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.1% of residents and 54.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New York.
- Jericho CDP 14,117
- Greece CDP 14,053
- Rocky Point CDP 13,931
- East Islip CDP 13,687
- St. James CDP 13,680
- Endicott village 13,456
- Salisbury CDP 13,388
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