Olean, NY

Metropolitan Statistical Area (MSA)

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2024 Population

76,145

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

42.8

0.706% 1-year increase

2024 Poverty Rate

19.1%

8.54% 1-year increase

2024 Median Household Income

$59,540

2.22% 1-year growth

2024 Median Property Value

$113,100

3.38% 1-year growth

2024 Employed Population

32,263

1.38% 1-year decline

About

None of the households in Olean, 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.

99.4% of the residents in Olean, NY are U.S. citizens.

The largest universities in Olean, NY are St Bonaventure University (808 degrees awarded in 2023) and Cattaraugus Allegany BOCES-Practical Nursing Program (15 degrees).

In 2024, the median property value in Olean, NY was $113,100, and the homeownership rate was 75.2%.

Most people in Olean, NY drove alone to work, and the average commute time was 22.6 minutes. The average car ownership in Olean, NY was 2 cars per household.

Olean, NY borders Bradford, PA, Buffalo-Cheektowaga-Niagara Falls, NY, Jamestown-Dunkirk-Fredonia, NY, and Warren, PA.

United States New York

Population & Diversity

Olean, NY is home to a population of 76.1k people, from which 99.4% are citizens. As of 2024, 1.74% of Olean, NY residents were born outside of the country (1.33k people).

In 2024, there were 29.2 times more White (Non-Hispanic) residents (66.8k people) in Olean, NY than any other race or ethnicity. There were 2.29k Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 1.78k American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.4%

2024 Citizenship

99.4%

2023 Citizenship

As of 2024, 99.4% 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 99.4%, meaning that the rate of citizenship has been decreasing.

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)
66.8k ± 304
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
2.29k ± 300
American Indian & Alaska Native (Non-Hispanic)
1.78k ± 159

2.39%

Hispanic Population

1.82k people

2.39% of the people in Olean, NY are hispanic (1.82k 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 MSA level, so we are showing data for New York.

Most Common Origin

Dominican Republic
493,200 ± 17,027 people
China
410,969 ± 15,575 people
Jamaica
234,174 ± 11,811 people

In 2023, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 493,200 New York residents, followed by China with 410,969 and Jamaica with 234,174.

Foreign-Born Population

1.74%

2024 Foreign-Born Population

1.33k people

1.77%

2023 Foreign-Born Population

1.35k people

As of 2024, 1.74% of Olean, NY residents (1.33k 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 1.77%, meaning that the rate has been decreasing.

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
1,824 ± 188
Gulf War (2001-)
743 ± 134
Gulf War (1990s)
597 ± 106

Olean, NY has a large population of military personnel who served in Vietnam, 2.45 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 32.3k people. In 2024, the largest industries in Olean, NY were Health Care & Social Assistance (4,481 people), Manufacturing (4,268 people), and Educational Services (4,023 people), and the highest paying industries were Management of Companies & Enterprises ($103,214), Utilities ($82,000), and Mining, Quarrying, & Oil & Gas Extraction ($60,692).

Employment

Occupations

32.3k

2024 Value

± 954

−1.38%

1 Year decline

± 4.26%

From 2023 to 2024, employment in Olean, NY declined at a rate of −1.38%, from 32.7k employees to 32.3k employees.

The most common job groups, by number of people living in Olean, NY, are Office & Administrative Support Occupations (3,208 people), Sales & Related Occupations (2,742 people), and Management Occupations (2,724 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

32.3k

2024 Value

± 954

−1.38%

1 Year decline

± 4.26%

From 2023 to 2024, employment in Olean, NY declined at a rate of −1.38%, from 32.7k employees to 32.3k employees.

The most common employment sectors for those who live in Olean, NY, are Health Care & Social Assistance (4,481 people), Manufacturing (4,268 people), and Educational Services (4,023 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

$47,668

Median earning men ± $2,000

$36,358

Median earning women ± $1,107

The industries with the best median earnings for men in 2024 are Public Administration ($77,667), Wholesale Trade ($65,432), and Finance & Insurance, & Real Estate & Rental & Leasing ($54,432).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($53,229), Public Administration ($50,424), and Finance & Insurance, & Real Estate & Rental & Leasing ($48,512).

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.

Establishments by Size

The industries with the most establishments

124
Other Services (except Public Administration)
95
Retail Trade
95
Construction

The visualization shows the distribution of establishments by industry and by size according to the number of employees.

The visualization shows the number of establishments and its share across establishment sizes.

Payroll by Industry Sector

The industries with the highest total annual payroll

$156k
Health Care and Social Assistance
$123k
Manufacturing
$110k
Retail Trade

The chart shows the total annual payroll and the average annual payroll by industry.

Education

In 2023, universities in Olean, NY awarded 823 degrees. The student population of Olean, NY in 2023 is skewed towards women, with 1,291 male students and 1,335 female students.

Most students graduating from Universities in Olean, NY are White (629 and 78.4%), Hispanic or Latino (53 and 6.61%), Black or African American (47 and 5.86%), and Asian (31 and 3.87%).

The largest universities in Olean, NY by number of degrees awarded are St Bonaventure University (808 and 98.2%) and Cattaraugus Allegany BOCES-Practical Nursing Program (15 and 1.82%).

The most popular majors in Olean, NY are School Counseling & Guidance Services (118 and 14.3%), General Business Administration & Management (109 and 13.2%), and Accounting (54 and 6.56%).

The median tuition cost in Olean, NY for private four year colleges is $38,950.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2023 in Olean, NY, the percentage of applicants admitted was 81.5%, while the percentage of admitted who enrolled was 16.4%. The number of students enrolled in 2023 was 2,626 (49.2% men and 50.8% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2023 there were 2,626 students enrolled in Olean, NY, 49.2% men and 50.8% women.

By race, the largest number of students enrolled was concentrated in White with 2,023 records, of which 51.9% were women and 48.1% men.

Completions

Concentrations

Most Common

General Finance
29 degrees awarded
Accounting
34 degrees awarded
General Marketing & Marketing Management
30 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Olean, NY was General Finance with 29 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Olean, NY according to their major.

Universities

Gender

Race

Largest Universities by degrees awarded

St Bonaventure University
808 degrees awarded
Cattaraugus Allegany BOCES-Practical Nursing Program
15 degrees awarded

In 2023, the institution with the largest number of graduating students was St Bonaventure University with 808 degrees awarded.

Student Diversity

University

In 2023, 378 men were awarded degrees from institutions in Olean, NY, which is 0.849 times less than the 445 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 629 degrees mean that there were 11.9 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 53 degrees awarded.

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.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($38,950) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 4-year or above ($1,200) is the sector with the highest median state fee in 2023.

Private not-for-profit, 4-year or above ($800) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Olean, NY was $113,100 in 2024, which is 0.34 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $109,400 to $113,100, a 3.38% increase. The homeownership rate in Olean, NY is 75.2%, which is higher than the national average of 65.2%.

People in Olean, NY have an average commute time of 22.6 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

$113,100

Median Property Value 2024

±$3,389

$23,996

Median Property Taxes

±$719

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

75.2%

Homeownership

2024

61%

Homeowners with Mortgage

2024

In 2024, 75.2% of the housing units in Olean, NY were occupied by their owner. This percentage grew from the previous year's rate of 74.6%.

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.

$59,540

Median Household Income

± $2,028

31.9k

Number of Households

± 1,006

In 2024, the median household income of the 31.9k households in Olean, NY grew to $59,540 from the previous year's value of $58,248.

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 $75k - $100k range.

Wage Distribution

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

0.493

2023 Wage GINI in New York

0.494

2022 Wage GINI in New York

In 2023, the income inequality in New York was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.0797% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.476. 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 (75.8%)
Carpooled (9.35%)
Worked At Home (7.97%)

In 2024, 75.8% of workers in Olean, NY drove alone to work, followed by those who carpooled to work (9.35%) and those who worked at home (7.97%).

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

22.6 minutes

Average Travel Time

Using averages, employees in Olean, NY have a shorter commute time (22.6 minutes) than the normal US worker (26.4 minutes). Additionally, 1.98% 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

19.1% of the population for whom poverty status is determined in Olean, NY (14.1k out of 73.6k 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 Males 55 - 64, followed by Females 25 - 34 and then Males 6 - 11.

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

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

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

Health

93.9% of the population of Olean, NY has health coverage, with 38.2% on employee plans, 26.9% on Medicaid, 14.6% on Medicare, 12.4% on non-group plans, and 1.77% on military or VA plans.

Primary care physicians in New York see 1,245 patients per year on average, which represents a 0% change from the previous year (1,245 patients). Compare this to dentists who see 1205 patients per year, and mental health providers who see 265 patients per year.

By gender, of the total number of insured persons, 50.2% were men and 49.8% were women.

Coverage

Patient to Clinician Ratios

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

1,245 to 1

Patient to Primary Care Physician Ratio in New York

Primary care physicians in New York see an average of 1,245 patients per year. This represents a 0% change from the previous year (1,245 patients).

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

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 23.6% under 18 years, 18.1% between 18 and 34 years, 37.9% between 35 and 64 years, and 20.3% over 64 years.

By gender, of the total number of insured persons, 50.2% were men and 49.8% were women.

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

Uninsured People

6.13%

Uninsured

38.2%

Employer Coverage

26.9%

Medicaid

14.6%

Medicare

12.4%

Non-Group

1.77%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Olean, NY declined by 3.24% from 6.33% to 6.13%.

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

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