Population 444 · Census ACS 2020–24
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Population and households in Olcott
Household size in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.76 | 2.41 | 2.68 | 2.68 |
| 2010–14 | 2.19 | 2.39 | 2.72 | 2.73 |
| 2015–19 | 2.44 | 2.33 | 2.69 | 2.71 |
| 2020–24 | 2.16 | 2.33 | 2.65 | 2.65 |
| Change | −0.60 | −0.08 | −0.03 | −0.03 |
Olcott is a place of small households, averaging 2.16 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.76 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 38.9 | 40.4 | 38.3 | 37.7 |
| 2010–14 | 46.4 | 41.2 | 39.0 | 38.6 |
| 2015–19 | 44.3 | 41.9 | 40.2 | 39.6 |
| 2020–24 | 48.5 | 42.0 | 40.8 | 40.1 |
| Change | +9.6 | +1.6 | +2.5 | +2.3 |
Olcott skews older: half of its residents are older than 48.5, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.1% | 11.7% | 13.1% | 12.3% |
| 2010–14 | 10.8% | 12.1% | 12.7% | 12.3% |
| 2015–19 | 8.6% | 11.2% | 11.6% | 11.6% |
| 2020–24 | 7.9% | 11.5% | 11.6% | 11.6% |
| Change | −2.2 pts | −0.2 pts | −1.5 pts | −0.6 pts |
Single parents head only 7.9% of households in Olcott, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Olcott
Renters in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.2% | 32.9% | 44.8% | 33.3% |
| 2010–14 | 26.6% | 33.8% | 46.2% | 35.6% |
| 2015–19 | 22.7% | 34.3% | 46.2% | 36.0% |
| 2020–24 | 15.4% | 33.2% | 45.7% | 34.8% |
| Change | −0.9 pts | +0.3 pts | +0.9 pts | +1.5 pts |
Olcott is largely a place of homeowners: only 15.4% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Just over four in ten owners (41.2%) have paid off their mortgages, about the same as nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.5% | 10.6% | 10.3% | 11.4% |
| 2010–14 | 17.4% | 10.3% | 10.4% | 11.4% |
| 2015–19 | 26.7% | 10.0% | 11.0% | 11.1% |
| 2020–24 | 42.9% | 8.4% | 9.7% | 9.6% |
| Change | +37.3 pts | −2.2 pts | −0.6 pts | −1.8 pts |
Vacant homes make up 42.9% of the housing in Olcott, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 1951 | 1957 | 1956 | 1974 |
| 2010–14 | 1951 | 1958 | 1957 | 1975 |
| 2015–19 | 1958 | 1958 | 1958 | 1977 |
| 2020–24 | 1978 | 1960 | 1961 | 1980 |
| Change | +27 | +3 | +5 | +6 |
Homes in Olcott are about the same age as the nation's housing: the median home was built in 1978, versus 1980 nationally. Homes here are newer than in the wider Buffalo area, where the median home dates to 1960.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | $848 | $728 | $1,095 | $965 |
| 2010–14 | $792 | $783 | $1,201 | $1,040 |
| 2015–19 | $845 | $873 | $1,426 | $1,213 |
| 2020–24 | $900 | $1,126 | $1,794 | $1,571 |
| Change | +$52 | +$398 | +$698 | +$606 |
A typical rental in Olcott costs $900 a month with utilities, well below the national median of $1,571. Rent takes 24.4% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Olcott
Bachelor's degrees in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 25.8% | 27.6% | 31.9% | 28.4% |
| 2010–14 | 27.4% | 29.6% | 33.4% | 29.6% |
| 2015–19 | 11.6% | 32.3% | 36.2% | 32.1% |
| 2020–24 | 32.2% | 35.6% | 39.8% | 35.6% |
| Change | +6.4 pts | +8.0 pts | +8.0 pts | +7.2 pts |
Nearly a third of adults 25 and older in Olcott (32.2%) have a bachelor's degree or higher, a little below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 97.3% | 88.2% | 84.0% | 84.9% |
| 2010–14 | 92.6% | 89.8% | 84.9% | 86.1% |
| 2015–19 | 96.0% | 91.2% | 86.5% | 87.7% |
| 2020–24 | 92.5% | 91.9% | 87.3% | 89.3% |
| Change | −4.8 pts | +3.7 pts | +3.3 pts | +4.3 pts |
High school completion in Olcott is a bit above the national rate: 92.5% of adults have a diploma or equivalent, against 89.3%. The Buffalo area as a whole looks much the same.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Olcott
| Period | Olcott | Buffalo area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.0% | 8.0% | 7.7% | 8.1% |
| 2010–14 | 14.4% | 8.5% | 9.2% | 9.4% |
| 2015–19 | 9.0% | 4.8% | 5.7% | 5.6% |
| 2020–24 | 1.6% | 5.4% | 6.6% | 5.4% |
| Change | −7.4 pts | −2.6 pts | −1.2 pts | −2.7 pts |
Unemployment in Olcott has been low: just 1.6% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Olcott compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Olcott | 2.16 | 48.5 | 7.9% | 15.4% | 42.9% | 1978 | $900 | 32.2% | 92.5% | 1.6% |
| Burt | 2.35 | 51.5 | 7.5% | 16.0% | 24.9% | 1966 | $1,031 | 24.9% | 87.8% | 0.8% |
| Newfane | 2.54 | 43.8 | 9.0% | 16.6% | 10.6% | 1965 | $863 | 26.0% | 87.7% | 5.2% |
| Appleton | 2.22 | 44.4 | 10.0% | 19.7% | 7.2% | 1969 | $718 | 18.1% | 89.3% | 12.1% |
| West Somerset | 2.63 | 43.1 | 6.2% | 11.1% | 6.3% | 1946 | $790 | 24.5% | 93.6% | 5.9% |
| Wilson | 2.31 | 48.4 | 9.4% | 12.0% | 12.3% | 1951 | $1,077 | 26.1% | 95.1% | 3.8% |
| Warrens Corners | 2.50 | 49.7 | 6.9% | 5.8% | 8.7% | 1983 | $796 | 35.3% | 89.4% | 3.1% |
| Barker | 2.44 | 45.1 | 7.9% | 15.6% | 13.2% | 1958 | $921 | 18.1% | 88.8% | 2.7% |
| Hartland | 2.29 | 50.6 | 6.6% | 14.5% | 5.1% | 1960 | $766 | 23.3% | 91.8% | 2.1% |
| Orangeport | 2.19 | 48.5 | 4.2% | 20.5% | 6.8% | 1956 | $808 | 26.4% | 87.8% | 11.6% |
| Molyneaux Corners | 2.19 | 47.6 | 4.6% | 3.3% | 7.8% | 1970 | $999 | 30.8% | 93.6% | 6.0% |
All figures 2020–24.
Cities with similar populations: Sayner, WI · Ivanhoe, MN · Jamestown, CO · Jewett, IL · Johnsontown, WV · Keeler, MI · Kickapoo, IL · Kirkwood, DE · Mackay, ID · Malta, ID
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Olcott. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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