Olean, NY

Census Place

2024 Population

13,738

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

0.775% 1-year increase

2024 Poverty Rate

26.7%

10.5% 1-year increase

2024 Median Household Income

$51,261

7.8% 1-year growth

2024 Median Property Value

$86,100

Population & Diversity

Olean, NY is home to a population of 13.7k people, from which 99.5% are citizens.

As of 2024, 3.15% of Olean, NY residents were born outside of the country (433 people).

In 2024, there were 20.2 times more White (Non-Hispanic) residents (11.8k people) in Olean, NY than any other race or ethnicity. There were 583 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 416 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.5%

2024 Citizenship

99%

2023 Citizenship

As of 2024, 99.5% of Olean, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Olean, NY was 99%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Olean, NY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Olean, NY

White (Non-Hispanic)
11.8k ± 282
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
583 ± 229
Black or African American (Non-Hispanic)
416 ± 147

0.997%

Hispanic Population

137 people

0.997% of the people in Olean, NY are hispanic (137 people).

The following chart shows the 8 races represented in Olean, NY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.

Most Common Origin

Dominican Republic
492,198 ± 17,010 people
China
414,597 ± 15,642 people
Jamaica
229,554 ± 11,695 people

In 2024, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 492,198 New York residents, followed by China with 414,597 and Jamaica with 229,554.

Foreign-Born Population

3.15%

2024 Foreign-Born Population

433 people

3.04%

2023 Foreign-Born Population

419 people

As of 2024, 3.15% of Olean, NY residents (433 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Olean, NY was 3.04%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Olean, NY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
254 ± 111
Gulf War (1990s)
80 ± 67
Gulf War (2001-)
52 ± 57

Olean, NY has a large population of military personnel who served in Vietnam, 3.17 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Olean, NY.

Economy

The economy of Olean, NY employs 5.83k people. In 2024, the largest industries in Olean, NY were Educational Services (957 people), Health Care & Social Assistance (942 people), and Manufacturing (873 people), and the highest paying industries were Public Administration ($75,114), Manufacturing ($68,036), and Finance & Insurance, & Real Estate & Rental & Leasing ($58,125).

Employment

Occupations

5.83k

2024 Value

± 556

−5.45%

1 Year decline

± 14.2%

From 2023 to 2024, employment in Olean, NY declined at a rate of −5.45%, from 6.17k employees to 5.83k employees.

The most common job groups, by number of people living in Olean, NY, are Education Instruction, & Library Occupations (714 people), Sales & Related Occupations (603 people), and Office & Administrative Support Occupations (501 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olean, NY.

Unemployment Insurance Claims

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

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.

Industries

Employment by Industries

5.83k

2024 Value

± 556

−5.45%

1 Year decline

± 14.2%

From 2023 to 2024, employment in Olean, NY declined at a rate of −5.45%, from 6.17k employees to 5.83k employees.

The most common employment sectors for those who live in Olean, NY, are Educational Services (957 people), Health Care & Social Assistance (942 people), and Manufacturing (873 people). This chart shows the share breakdown of the primary industries for residents of Olean, NY, though some of these residents may live in Olean, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$46,582

Median earning men ± $7,195

$36,039

Median earning women ± $3,281

The industries with the best median earnings for men in 2024 are Public Administration ($106,685), Manufacturing ($75,585), and Finance & Insurance, & Real Estate & Rental & Leasing ($60,885).

The industries with the best median earnings for women in 2024 are Manufacturing ($53,281), Public Administration ($47,813), and Educational Services, & Health Care & Social Assistance ($39,621).

Housing & Living

The median property value in Olean, NY was $86,100 in 2024, which is 0.259 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $90,500 to $86,100, a 4.86% decrease. The homeownership rate in Olean, NY is 55.1%, which is lower than the national average of 65.2%.

People in Olean, NY have an average commute time of 14.4 minutes, and they drove alone to work. Car ownership in Olean, NY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$86,100

Median Property Value 2024

±$6,087

$3,460

Median Property Taxes

±$411

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 Olean, NY the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

55.1%

Homeownership

2024

60.4%

Homeowners with Mortgage

2024

In 2024, 55.1% of the housing units in Olean, NY were occupied by their owner. This percentage grew from the previous year's rate of 54.3%.

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

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$51,261

Median Household Income

± $7,453

6.27k

Number of Households

± 595

In 2024, the median household income of the 6.27k households in Olean, NY grew to $51,261 from the previous year's value of $47,553.

The following chart displays the households in Olean, 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 $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Olean, NY is from New York.

0.492

2024 Wage GINI in New York

0.493

2023 Wage GINI in New York

In 2024, the income inequality in New York was 0.492 according to the GINI calculation of the wage distribution. Income inequality had a 0.301% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.474. 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (72.6%)
Carpooled (10.8%)
Worked At Home (8.42%)

In 2024, 72.6% of workers in Olean, NY drove alone to work, followed by those who carpooled to work (10.8%) and those who worked at home (8.42%).

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.

Commute Time

14.4 minutes

Average Travel Time

Using averages, employees in Olean, NY have a shorter commute time (14.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0.38% of the workforce in Olean, NY have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

26.7% of the population for whom poverty status is determined in Olean, NY (3.58k out of 13.4k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 6 - 11 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Olean, NY is White, followed by Two Or More and Hispanic.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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