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Olean, NY Community Stats

Olean has 13,738 residents and a median household income of $51,261, 775th highest of 841 cities and towns with 1,000+ residents in New York (ACS 2020-2024).

Median household income
$51,261
NY $85,974
Poverty rate
26.7%
NY 14.0%
Bachelor's or higher
29.9%
NY 40.2%
Median age
39.0
NY 39.8

Olean compared

With NY and U.S.

Swipe the table sideways to see more columns.

MeasureOleanNYU.S.
Median household income$51,261$85,974$80,734
Median age39.039.838.9
Poverty rate26.7%14.0%12.5%
Bachelor's degree or higher29.9%40.2%35.7%
Homeownership rate55.1%54.3%65.2%
Median home value$86,100$423,800$332,700
Median gross rent$794$1,621$1,413
Average commute14.4 min32.6 min26.4 min
Born outside the U.S.3.2%22.8%14.1%

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates

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Income and poverty

Income in the past 12 months, in inflation-adjusted dollars

Median household income
$51,261
Per capita income
$29,512
Below poverty level
3,576 people (26.7%)

Education

Highest level completed, 9,603 adults age 25 and older

  • High school graduate or higher8,60489.6%
  • Bachelor's degree or higher2,86829.9%
  • Graduate or professional degree1,46315.2%

Race and ethnicity

Share of total population. Hispanic or Latino people can be of any race; other groups exclude them.

  • White (non-Hispanic)11,78485.8%
  • Two or more races9236.7%
  • Black or African American4163.0%
  • Asian4042.9%
  • Hispanic or Latino (any race)1371.0%
  • Some other race740.5%

3.2% of residents (433) were born outside the United States.

Housing

Owner-occupied home values and rents paid by renters

Median home value
$86,100
Median gross rent
$794 a month
Homeownership rate
55.1% of 6,274 households
Housing units
7,078
Median year built
1938

See home value trends and rents for Olean

ZIP codes in Olean

Sorted by population, highest first

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#ZIP codePopulationMedian incomePovertyBachelor's+Own home
11476017,474$54,92923.8%28.5%61.6%

Frequently asked questions

What is the population of Olean, NY?
About 13,738 people live in Olean, according to the American Community Survey 2020-2024 5-year estimates. The median age is 39.0.
What is the median household income in Olean?
The median household income in Olean is $51,261, compared with $85,974 for New York. It ranks 775th of 841 cities and towns with 1,000+ residents in the state.
What is the poverty rate in Olean?
26.7% of people in Olean (3,576) have incomes below the federal poverty level. The New York rate is 14.0%.
How long is the commute in Olean?
The average one-way commute for workers in Olean is 14.4 minutes.
What is the largest reported ancestry or origin group in Olean?
Among the groups we track, the largest is German Americans with about 2,625 people (19.1% of residents), based on self-reported survey answers.