Olean, New York Housing

Olean, New York has a population of 13,842, with a median household income of $54,800.

Current housing data for Olean.

$138,200

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Population

13,842

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Median Income

$54,800

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Unemployment

5.40%

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Housing Price

$138,200

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Crime Rate

0.50

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Internet Speed

139.10 Mbps

Olean is a small local community located in New York. The city has a population that is below the average city population in New York, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New York, Olean provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Olean has a population of 13,842, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Olean is $54,800, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Olean is about $138,200, making it relatively affordable compared to many cities in New York.

Employment and Safety

The unemployment rate in Olean is 5.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Olean are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New York, Olean shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Olean offers a balanced mix of economic conditions, population trends, and housing opportunities within New York.

Frequently Asked Questions about Olean

What is the population of Olean?

The population of Olean is approximately 13,842.

Is Olean a good place to live?

Olean offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Olean?

The median household income in Olean is around $54,800.

How expensive is housing in Olean?

The average housing price in Olean is approximately $138,200.