Olcott, NY

Census Place

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2022 Population
1,041
7.05% 1-year decline
US Senator
Chuck Schumer
Democratic Party
US Senator
Kirsten Gillibrand
Democratic Party
2022 Median Age
47.1
7.53% 1-year increase
2022 Poverty Rate
1.63%
30.6% 1-year increase
2022 Median Household Income
$70,606
9.65% 1-year growth
2022 Median Property Value
$123,900
8.59% 1-year growth

About

In 2022, Olcott, NY had a population of 1.04k people with a median age of 47.1 and a median household income of $70,606. Between 2021 and 2022 the population of Olcott, NY declined from 1,120 to 1,041, a −7.05% decrease and its median household income grew from $64,393 to $70,606, a 9.65% increase.

The 5 largest ethnic groups in Olcott, NY are White (Non-Hispanic) (99.1%), White (Hispanic) (0.865%), Black or African American (Non-Hispanic) (0%), Black or African American (Hispanic) (0%), and American Indian & Alaska Native (Non-Hispanic) (0%).

None of the households in Olcott, NY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99% of the residents in Olcott, NY are U.S. citizens.

In 2022, the median property value in Olcott, NY was $123,900, and the homeownership rate was 88.1%.

Most people in Olcott, NY drove alone to work, and the average commute time was 34.8 minutes. The average car ownership in Olcott, NY was 2 cars per household.

Economy

The economy of Olcott, NY employs 572 people. The largest industries in Olcott, NY are Manufacturing (111 people), Health Care & Social Assistance (110 people), and Retail Trade (80 people), and the highest paying industries are Manufacturing ($69,890), Finance & Insurance ($58,125), and Wholesale Trade ($55,592).

Occupations

572
2022 Value
± 171
−9.35%
1 Year decline
± 47.7%

From 2021 to 2022, employment in Olcott, NY declined at a rate of −9.35%, from 631 employees to 572 employees.

The most common job groups, by number of people living in Olcott, NY, are Health Diagnosing & Treating Practitioners & Other Technical Occupations (88 people), Production Occupations (79 people), and Office & Administrative Support Occupations (77 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olcott, NY.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

572
2022 Value
± 171
−9.35%
1 Year decline
± 47.7%

From 2021 to 2022, employment in Olcott, NY declined at a rate of −9.35%, from 631 employees to 572 employees.

The most common employment sectors for those who live in Olcott, NY, are Manufacturing (111 people), Health Care & Social Assistance (110 people), and Retail Trade (80 people). This chart shows the share breakdown of the primary industries for residents of Olcott, NY, though some of these residents may live in Olcott, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$54,722
Median earning men ± $11,512
$52,794
Median earning women ± $5,464

The industries with the best median earnings for men in 2022 are Manufacturing ($76,292) and Retail Trade ($23,315).

The industries with the best median earnings for women in 2022 are Educational Services, & Health Care & Social Assistance ($52,000) and Finance & Insurance, & Real Estate & Rental & Leasing ($38,977).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New York.
Y-Axis
2.74%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.56M people employed in New York. This represents a 2.74% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 19.7%.

The following chart shows monthly employment numbers for each industry sector in New York.

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Civics

In the 2020 presidential election, the popular vote in New York went to Joseph R Biden Jr. with 60.4% of the vote. The runner-up was Donald J. Trump (37.5%), followed by Other (0.813%).

Chuck Schumer and Kirsten Gillibrand are the senators currently representing the state of New York. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

New York is currently represented by 26 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from New York

Senatorial voting results are only available at the state level. Showing data for New York.
Chuck Schumer
Senator from New York3
Assumed office on January 3, 1999
Kirsten Gillibrand
Senator from New York1
Assumed office on January 26, 2009
Appointed to the seat following the resignation of Hillary Clinton, who had become Secretary of State.

Chuck Schumer and Kirsten Gillibrand are the senators currently representing New York.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in New York over time, excluding special elections, colored by their political party.

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US Representatives from New York

New York is currently represented by 26 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for New York have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for New York.
Measure

In 2022, 1.7% of men over 25 years of age had not completed any academic degree (no schooling), while 1.75% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New York.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (4.04M), Bachelors Degree (3.33M), and Some college (2.79M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Olcott, NY was $123,900 in 2022, which is 0.44 times smaller than the national average of $281,900. Between 2021 and 2022 the median property value increased from $114,100 to $123,900, a 8.59% increase. The homeownership rate in Olcott, NY is 88.1%, which is approximately the same as the national average of 64.8%.

People in Olcott, NY have an average commute time of 34.8 minutes, and they drove alone to work. Car ownership in Olcott, NY is approximately the same as the national average, with an average of 2 cars per household.

Property

$123,900
Median Property Value 2022
±$42,292
$423
Median Property Taxes
±$128

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Olcott, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Olcott, NY compared to it's parent and neighbor geographies.

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Rent vs Own

88.1%
Homeownership
2022
66.9%
Homeowners with Mortgage
2022

In 2022, 88.1% of the housing units in Olcott, NY were occupied by their owner. This percentage grew from the previous year's rate of 81.9%.

This chart shows the percentage of owner in Olcott, NY compared it's parent and neighboring geographies.

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Income by Location

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Race/Ethnicity
Census Tract 242.02
Highest Median Household Income (Total)

The following map shows all of the places in Olcott, NY colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$70,606
Median Household Income
± $16,462
480
Number of Households
± 146

In 2022, the median household income of the 480 households in Olcott, NY grew to $70,606 from the previous year's value of $64,393.

The following chart displays the households in Olcott, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

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Wage Distribution

The closest comparable wage GINI for Olcott, NY is from New York.
0.494
2022 Wage GINI in New York
0.493
2021 Wage GINI in New York

In 2022, the income inequality in New York was 0.494 according to the GINI calculation of the wage distribution. Income inequality had a 0.125% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New York was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (81%)
  2. Worked At Home (9.31%)
  3. Carpooled (5.34%)

In 2022, 81% of workers in Olcott, NY drove alone to work, followed by those who worked at home (9.31%) and those who carpooled to work (5.34%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

34.8 minutes
Average Travel Time

Using averages, employees in Olcott, NY have a longer commute time (34.8 minutes) than the normal US worker (26.7 minutes). Additionally, 2.09% of the workforce in Olcott, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Olcott, NY compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Olcott, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Olcott, NY have 2 cars.

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Poverty & Diversity

1.63% of the population for whom poverty status is determined in Olcott, NY (17 out of 1.04k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males < 5 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Olcott, NY is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

95.9% of the population of Olcott, NY has health coverage, with 43.6% on employee plans, 21.8% on Medicaid, 13.1% on Medicare, 17.5% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Niagara County, NY see 2481 patients per year on average, which represents a 1.93% increase from the previous year (2434 patients). Compare this to dentists who see 1997 patients per year, and mental health providers who see 687 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Niagara County, NY.
2,481 to 1
Patient to Primary Care Physician Ratio in Niagara County, NY

Primary care physicians in Niagara County, NY see an average of 2,481 patients per year. This represents a 1.93% increase from the previous year (2,434 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Niagara County, NY in comparison to its neighboring geographies.

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Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 22% under 18 years, 12.3% between 18 and 34 years, 50% between 35 and 64 years, and 15.7% over 64 years.

By gender, of the total number of insured persons, 50.6% were men and 49.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.07%
Uninsured
43.6%
Employer Coverage
21.8%
Medicaid
13.1%
Medicare
17.5%
Non-Group
0%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Olcott, NY grew by 2.66% from 3.96% to 4.07%.

The following chart shows how the percent of uninsured individuals in Olcott, NY changed over time compared with the percent of individuals enrolled in various types of health insurance.

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