Population 17,051 · Census ACS 2020–24
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Population and households in Olean
Household size in Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 2.19 | 2.68 | 2.68 |
| 2010–14 | 2.26 | 2.72 | 2.73 |
| 2015–19 | 2.23 | 2.69 | 2.71 |
| 2020–24 | 2.15 | 2.65 | 2.65 |
| Change | −0.04 | −0.03 | −0.03 |
Households in Olean are small: just 2.15 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has edged down from 2.19, mirroring the country. Only 32 of the 488 New York cities with 5,000+ people have smaller households.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 40.9 | 38.3 | 37.7 |
| 2010–14 | 42.2 | 39.0 | 38.6 |
| 2015–19 | 42.8 | 40.2 | 39.6 |
| 2020–24 | 43.3 | 40.8 | 40.1 |
| Change | +2.4 | +2.5 | +2.3 |
The median resident of Olean is 43.3 years old, older than the national median of 40.1. The median age has climbed from 40.9 in 2006–10, in line with the national trend. The youngest areas are in the center, the oldest in the southeast.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 12.1% | 13.1% | 12.3% |
| 2010–14 | 11.6% | 12.7% | 12.3% |
| 2015–19 | 10.6% | 11.6% | 11.6% |
| 2020–24 | 13.1% | 11.6% | 11.6% |
| Change | +1.1 pts | −1.5 pts | −0.6 pts |
Single parents head just over one in eight households in Olean (13.1%), a bit above the national share of 11.6%. Since 2006–10, the single-parent share has edged up 1.1 points, even as the national share fell. Olean has a higher share of single-parent households than at least four in five New York cities.
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 Olean
Renters in Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 37.9% | 44.8% | 33.3% |
| 2010–14 | 41.1% | 46.2% | 35.6% |
| 2015–19 | 43.6% | 46.2% | 36.0% |
| 2020–24 | 40.1% | 45.7% | 34.8% |
| Change | +2.2 pts | +0.9 pts | +1.5 pts |
About four in ten households in Olean rent their homes (40.1%), a bit above the national share of 34.8%. Still, renters make up a smaller share here than in New York as a whole (45.7%). Among homeowners, 56.8% have no mortgage at all, well above the national share of 39.8%. The renter share has risen 2.2 points since 2006–10, as it has 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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 12.7% | 10.3% | 11.4% |
| 2010–14 | 14.4% | 10.4% | 11.4% |
| 2015–19 | 13.6% | 11.0% | 11.1% |
| 2020–24 | 10.9% | 9.7% | 9.6% |
| Change | −1.8 pts | −0.6 pts | −1.8 pts |
About as many homes sit empty in Olean as nationally: 10.9%, against 9.6%. Since 2006–10, vacancy has fallen 1.8 points, as it has nationally. Olean has a higher vacancy rate than at least four in five New York cities.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 1944 | 1956 | 1974 |
| 2010–14 | 1947 | 1957 | 1975 |
| 2015–19 | 1947 | 1958 | 1977 |
| 2020–24 | 1947 | 1961 | 1980 |
| Change | +2 | +5 | +6 |
The housing in Olean is old by national standards: the median home dates to 1947, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Newer construction is concentrated in the northeast, while the center has the oldest housing. Of the 488 New York cities with 5,000+ people, only 21 have older homes.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | $625 | $1,095 | $965 |
| 2010–14 | $644 | $1,201 | $1,040 |
| 2015–19 | $676 | $1,426 | $1,213 |
| 2020–24 | $785 | $1,794 | $1,571 |
| Change | +$160 | +$698 | +$606 |
The median renter in Olean pays $785 a month for rent and utilities, well below the national median of $1,571. Rent has climbed $160 a month since 2006–10, up 26%, a slower climb than the nation's. Rent takes 28.8% of the typical renter's income, just under the 30% mark often used to define affordable rent. Rents run highest in the north and lowest in the east.
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 Olean
Bachelor's degrees in Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 24.2% | 31.9% | 28.4% |
| 2010–14 | 25.3% | 33.4% | 29.6% |
| 2015–19 | 24.4% | 36.2% | 32.1% |
| 2020–24 | 28.2% | 39.8% | 35.6% |
| Change | +4.0 pts | +8.0 pts | +7.2 pts |
Nearly three in ten adults 25 and older in Olean (28.2%) have a bachelor's degree or higher, below the national share of 35.6%. Since 2006–10, the share with a degree has risen 4.0 points, as it has nationally.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 90.1% | 84.0% | 84.9% |
| 2010–14 | 91.6% | 84.9% | 86.1% |
| 2015–19 | 90.8% | 86.5% | 87.7% |
| 2020–24 | 91.4% | 87.3% | 89.3% |
| Change | +1.3 pts | +3.3 pts | +4.3 pts |
About nine in ten adults in Olean have finished high school (91.4%), a bit above the national rate of 89.3%. The share with a diploma has edged up 1.3 points since 2006–10, a smaller shift than nationally. Compared with other New York cities, though, Olean has a lower share of high school graduates than most.
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 Olean
| Period | Olean | New York | U.S. |
|---|---|---|---|
| 2006–10 | 8.8% | 7.7% | 8.1% |
| 2010–14 | 9.2% | 9.2% | 9.4% |
| 2015–19 | 5.8% | 5.7% | 5.6% |
| 2020–24 | 5.4% | 6.6% | 5.4% |
| Change | −3.4 pts | −1.2 pts | −2.7 pts |
At 5.4%, unemployment in Olean is the same as the national rate. The rate is lower than in New York as a whole (6.6%). Unemployment is down 3.4 points from 2006–10, as it has nationally.
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).
Olean 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Olean | 2.15 | 43.3 | 13.1% | 40.1% | 10.9% | 1947 | $785 | 28.2% | 91.4% | 5.4% |
| Westons Mills | 2.04 | 54.4 | 4.7% | 22.9% | 4.6% | 1950 | $854 | 22.3% | 95.7% | 6.4% |
| Homer Hill | 2.41 | 41.5 | 9.7% | 17.9% | 13.7% | 1981 | $591 | 20.1% | 95.0% | 0.9% |
| St. Bonaventure | 1.67 | 26.1 | 11.4% | 28.6% | 17.9% | 1961 | $615 | 26.1% | 93.9% | 7.1% |
| Allegany | 2.18 | 45.3 | 6.5% | 18.3% | 8.6% | 1969 | $711 | 32.7% | 94.8% | 3.8% |
| Haydenville | 2.14 | 57.5 | 8.0% | 11.8% | 5.6% | 1970 | $796 | 30.2% | 98.5% | 6.8% |
| Knapp Creek | 2.15 | 52.9 | 11.2% | 16.5% | 4.9% | 1968 | $745 | 21.5% | 95.8% | 6.6% |
| Portville | 2.20 | 47.7 | 15.5% | 13.0% | 8.0% | 1962 | $822 | 26.5% | 91.6% | 4.7% |
| Chipmunk | 2.27 | 50.2 | 12.2% | 16.4% | 5.9% | 1981 | $735 | 24.6% | 93.0% | 9.5% |
| Indian Crossing | 1.88 | 51.1 | 10.8% | 26.8% | 10.5% | 1966 | $659 | 12.4% | 92.4% | 5.5% |
| Hinsdale | 2.35 | 49.0 | 12.9% | 18.3% | 15.8% | 1974 | $897 | 14.2% | 92.0% | 4.8% |
All figures 2020–24.
Cities with similar populations: Aguas Buenas, PR · Artesia, CA · Aledo, TX · Alexander City, AL · Anthony, NM · Andover, KS · Angola, IN · Newport, KY · Myrtle Grove, FL · New Hyde Park, NY
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 Olean. 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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