Housing data for the Town of Olean, NY
The Town of Olean, NY has an estimated 1,664 residents and 955 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Cattaraugus County.
22.1% of households rent.
The median gross rent is $666 a month.
Its population shrank measurably since 2015–2019 (−18.3%).
Figures last updated on .
- Residents
- 1,664 (±242)
- Housing units
- 955 (±125)
- Households that rent
- 22.1%
- Median gross rent
- $666
- Residents since 2015–2019
- −18.3%
What stands out in the Town of Olean
Median home value: $158,600 (±$16,882) in the Town of Olean, higher than in Cattaraugus County ($113,100).
Median real estate taxes: $4,027 (±$636) in the Town of Olean, higher than in Cattaraugus County ($2,991).
Average commute: 18.6 minutes (±3.4) in the Town of Olean, lower than in Cattaraugus County (22.6 minutes).
- Home values in the Town of Olean
- Property taxes in the Town of Olean
- Commute and cars in the Town of Olean
Housing in the Town of Olean at a glance
- Median rent: $666 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms (Small sample: wide margin of error)
- Rent burden: 57.1% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 22.1% of households rent
- Income and affordability: $74,583 median household income
- Home values: $158,600 median home value
- Homeowner costs: $1,429 median monthly cost with a mortgage
- Property taxes: $4,027 median real estate taxes a year
- Types of homes: 1.5% of homes are in buildings of 5 or more units
- Bedrooms: 70.7% of homes have 3 or more bedrooms
- Age of homes: 78.1% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 65.7% heat with utility gas
- Commute and cars: 18.6 minutes average trip to work
- Growth: −18.3% residents since 2015–2019
- How long people stay: 13.3% moved in since 2020
- Crowding and facilities: 0.4% of homes have more than 1 person per room (Small sample: wide margin of error)
The Town of Olean against Cattaraugus County, its state and the nation
| Town of Olean | Cattaraugus County | New York | United States | |
|---|---|---|---|---|
| Residents | 1,664 (±242) | 76,145 (exact) | 19,852,366 (exact) | 334,922,499 |
| Housing units | 955 (±125) | 40,356 (±77) | 8,585,241 (±652) | 143,775,355 |
| Households that rent | 22.1% (±9.1 points) | 24.8% (±1.3 points) | 45.7% (±0.2 points) | 34.8% |
| Median gross rent | $666 (±$334) | $770 (±$24) | $1,621 (±$7) | $1,413 |
| Median household income | $74,583 (±$19,949) | $59,540 (±$2,028) | $85,974 (±$402) | $80,734 |
| Median home value | $158,600 (±$16,882) | $113,100 (±$3,389) | $423,800 (±$1,627) | $332,700 |
| Median real estate taxes (a year) | $4,027 (±$636) | $2,991 (±$81) | $6,582 (±$21) | $3,119 |
| Built before 1980 | 78.1% (±13.9 points) | 68.8% (±2.1 points) | 73.9% (±0.2 points) | 49.7% |
| Average commute | 18.6 minutes (±3.4) | 22.6 minutes (±0.7) | 32.6 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 81.6% (±7.5 points) | 83.9% (±1.2 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 53.8 years (±5.5) | 42.8 years (±0.3) | 39.8 years (±0.1) | 38.9 years |
The Town of Olean covers 29.6 square miles of land, about 56 residents per square mile (Census Bureau Gazetteer).
How the Town of Olean has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,036 (±264) | 1,664 (±242) | −18.3% | Measurable decrease |
| Housing units | 1,061 (±114) | 955 (±125) | −10.0% | Not a measurable change |
| Median gross rent | $627 (±$125) | $666 (±$334) | +6.2% | No measurable change after inflation |
| Median home value | $95,900 (±$5,641) | $158,600 (±$16,882) | +65.4% | Up after inflation |
| Median household income | $57,438 (±$7,706) | $74,583 (±$19,949) | +29.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,151 (±$164) | $1,429 (±$389) | +24.2% | No measurable change after inflation |
| Median real estate taxes | $3,056 (±$381) | $4,027 (±$636) | +31.8% | No measurable change after inflation |
| Households that rent | 18.7% (±5.2 points) | 22.1% (±9.1 points) | +3.4 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±16.0 points) | 0.0% (±20.5 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Cattaraugus County
The Town of Olean has no police department of its own in the FBI’s figures, so this is the figure for Cattaraugus County as a whole.
In 2025, the police departments that report for Cattaraugus County recorded 121 violent and 996 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in the Town of Olean
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 14760 | 11% | 17,474 | $785 | $94,600 | $54,929 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near the Town of Olean
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Olean | 1.7 mi | $794 | $86,100 | 44.9% |
| Weston Mills | 2.7 mi | $775 | $155,300 | 21.3% |
| St. Bonaventure | 2.8 mi | $588 | $125,300 | 21.6% |
| Town of Portville | 3.8 mi | $774 | $118,600 | 10.1% |
| Village of Allegany | 3.9 mi | $772 | $164,100 | 34.4% |
| Village of Portville | 4.8 mi | $660 | $102,900 | 21.9% |
| Town of Allegany | 5.9 mi | $728 | $169,400 | 19.7% |
| Eldred | 7.6 mi | $531 | $125,900 | 28.1% |
Places in New York most like the Town of Olean
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Town of Portland | $753 | $139,500 | $66,333 | 22.5% |
| Weston Mills | $775 | $155,300 | $79,712 | 21.3% |
| Village of Mayville | $631 | $161,400 | $68,611 | 26.9% |
| Town of New Berlin | $715 | $144,500 | $62,159 | 25.2% |
| Village of Dannemora | $740 | $134,400 | $62,411 | 18.1% |
| Village of Sandy Creek | $668 | $106,000 | $64,028 | 21.1% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New York.
HUD Fair Market Rent for the Town of Olean, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $742 | $794 | $1,014 | $1,274 | $1,438 |
HUD income limits for the Town of Olean, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,900 | $31,500 | $50,350 |
| 2 people | $21,640 | $36,000 | $57,550 |
| 3 people | $27,320 | $40,500 | $64,750 |
| 4 people | $33,000 | $44,950 | $71,900 |
| 5 people | $38,680 | $48,550 | $77,700 |
| 6 people | $44,360 | $52,150 | $83,450 |
| 7 people | $50,040 | $55,750 | $89,200 |
| 8 people | $55,720 | $59,350 | $94,950 |
These are the limits HUD sets for its housing programs in the Cattaraugus County, NY, where HUD’s median family income for fiscal year 2026 is $78,200.
A program can use its own limits; tax-credit and local programs often do.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Olean include them.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Olean
How many renters are there in the Town of Olean?
The Town of Olean has an estimated 184 (±85) renting households, 22.1% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in the Town of Olean?
The median household income in the Town of Olean is $74,583 (±$19,949) a year (2020–2024 American Community Survey).
What is the average home value in the Town of Olean, NY?
The Census Bureau publishes the median: $158,600 (±$16,882) for owner-occupied homes in the Town of Olean (2020–2024 American Community Survey).
What is the average mortgage payment in the Town of Olean?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Olean, NY is $1,429 (±$389) a month, including taxes, insurance and utilities.
How much are property taxes in the Town of Olean?
The median real estate tax paid by homeowners in the Town of Olean, NY is $4,027 (±$636) a year (2020–2024 American Community Survey).
How many homes are in the Town of Olean?
The Town of Olean, NY has an estimated 955 (±125) housing units, occupied and vacant (2020–2024 American Community Survey).
Is the Town of Olean growing?
In the Town of Olean, the number of residents went from 2,036 in 2015–2019 to 1,664 in 2020–2024 (−18.3%), a measurable decrease.
What ZIP codes are in the Town of Olean?
The ZIP code that covers the Town of Olean is 14760.
What is the median rent in ZIP code 14760?
The median gross rent in ZIP Code Tabulation Area 14760 is $785 (±$47) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olean town, Cattaraugus County, New York
- HUD Fair Market Rents, fiscal year 2027: Cattaraugus County, NY
- HUD Income Limits, fiscal year 2026: Cattaraugus County, NY
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Olean town, Cattaraugus County, New York (county subdivision:54727, in state:36 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .