Also See Olean, NY: ZIP Codes & Maps
The City of Olean had a population of 13,698 as of July 1, 2023.
The primary coordinate point for Olean is located at latitude 42.0776 and longitude -78.4297 in Cattaraugus County. The formal boundaries for the City of Olean encompass a land area of 5.91 sq. miles and a water area of 0.26 sq. miles. Cattaraugus County is in the Eastern time zone (GMT -5).
The City of Olean has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 13,698 (100%) |
Population in Households | 13,283 (97.0%) |
Population in Families | 9,341 (68.2%) |
Population in Group Quarters1 | 415 ( 3.0%) |
Population Density | 2,322 |
Diversity Index2 | 31 |
INCOME | |
Median Household Income | $50,167 |
Average Household Income | $68,835 |
% of Income for Mortgage4 | 11% |
Per Capita Income | $31,016 |
Wealth Index5 | 56 |
Socioeconomic Status Index6 | Low (43.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 7,025 (100%) |
Owner Occupied HU | 3,415 (48.6%) |
Renter Occupied HU | 2,745 (39.1%) |
Vacant Housing Units | 865 (12.3%) |
Median Home Value | $93,827 |
Average Home Value | $138,177 |
Housing Affordability Index3 | 154 |
HOUSEHOLDS | |
Total Households | 6,160 |
Average Household Size | 2.16 |
Family Households | 3,189 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.53% | -0.52% |
Households | -0.43% | -0.27% |
Families | -0.33% | |
Median Household Income | 1.18% | |
Per Capita Income | 1.94% | |
Owner Occupied HU | 0.11% |
The table below compares Olean to the other 1,293 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 146 | 89th |
Population Density | # 379 | 71st |
Median Household Income | # 1172 | 9th |
Housing Affordability Index | # 1136 | 88th |
Per Capita Income | # 1074 | 17th |
Diversity Index | # 659 | 49th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.
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