How many renters in Olean, NY pay more than 30% of their income on rent?
52.0% (±9.8 points) of renting households in Olean, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
38.1% spend 35% or more.
The median renting household spends 30.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 52.0% (±9.8 points)
- Paying 35% or more
- 38.1% (±8.1 points)
- Median share of income
- 30.7% (±3.0 points)
Rent as a share of income in Olean
| Share of income spent on rent | Olean | Cattaraugus County | New York | United States |
|---|---|---|---|---|
| Less than 15% | 15.7% (±5.2 points) | 18.0% | 14.0% | 12.6% |
| 15% to 19.9% | 13.9% (±5.0 points) | 14.8% | 11.7% | 12.2% |
| 20% to 24.9% | 8.4% (±3.9 points) | 11.3% | 11.5% | 12.6% |
| 25% to 29.9% | 9.9% (±3.8 points) | 10.4% | 10.7% | 11.5% |
| 30% to 34.9% | 13.9% (±5.5 points) | 10.4% | 9.0% | 9.2% |
| 35% or more | 38.1% (±8.1 points) | 35.2% | 43.1% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Olean against Cattaraugus County, its state and the nation
| Olean | Cattaraugus County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.0% (±9.8 points) | 45.6% (±4.7 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 38.1% (±8.1 points) | 35.2% (±4.0 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 30.7% (±3.0 points) | 27.9% (±1.9 points) | 31.2% (±0.3 points) | 30.6% |
| Median renter household income | $32,810 (±$4,109) | $34,273 (±$2,709) | $57,803 (±$395) | $52,966 |
| Median gross rent | $794 (±$52) | $770 (±$24) | $1,621 (±$7) | $1,413 |
In Olean, the share of renters paying 30% or more of income is not measurably different from Cattaraugus County (45.6%).
It is not measurably different from New York (52.1%).
It is not measurably different from the national figure (51.1%).
In Cattaraugus County, Olean ranks 8 of 36 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 329 of 999.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Olean
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Olean | — | 52.0% (±9.8 points) | — |
| Town of Olean | 1.7 mi | 57.1% (±31.9 points) | Not measurably different |
| St. Bonaventure | 2.0 mi | 100.0% (±75.8 points) | Not measurably different |
| Village of Allegany | 2.8 mi | 52.6% (±19.2 points) | Not measurably different |
| Weston Mills | 3.2 mi | 62.9% (±38.3 points) | Not measurably different |
| Town of Portville | 4.7 mi | 41.7% (±26.2 points) | Not measurably different |
| Town of Allegany | 5.0 mi | 48.6% (±17.0 points) | Not measurably different |
| Village of Portville | 6.0 mi | 58.1% (±39.8 points) | Not measurably different |
| Town of Hinsdale | 6.6 mi | 19.6% (±24.7 points) | Lower |
Nearby places with a measurably lower figure: Town of Hinsdale, NY (19.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Cattaraugus County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Cattaraugus Reservation (Cattaraugus County) | 100.0% (±141.4 points) |
| 3 | Town of Ellicottville | 67.0% (±33.1 points) |
| 4 | Town of Perrysburg | 65.4% (±26.0 points) |
| 5 | Town of Olean | 57.1% (±31.9 points) |
| 6 | Town of Persia | 56.1% (±32.2 points) |
| 7 | Town of Ischua | 53.8% (±76.4 points) |
| 8 | Olean | 52.0% (±9.8 points) |
| 9 | Town of Lyndon | 50.0% (±111.8 points) |
| 10 | Town of Allegany | 48.6% (±17.0 points) |
| 11 | Town of Little Valley | 47.4% (±16.6 points) |
| 12 | Salamanca | 46.5% (±7.4 points) |
| 13 | Town of Otto | 45.5% (±85.1 points) |
| 14 | Town of Yorkshire | 43.5% (±15.9 points) |
Showing 13 of 36 places in Cattaraugus County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Olean
Are renters in Olean rent-burdened?
52.0% of renting households in Olean pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Olean spend on rent?
The median renting household in Olean, NY spends 30.7% (±3.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olean city, Cattaraugus County, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Olean city, Cattaraugus County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Olean city, Cattaraugus County, New York
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Olean city, Cattaraugus County, New York (county subdivision:54716, in state:36 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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