What percentage of people rent in the Town of Olean, NY?

Name: Renters and owners in the Town of Olean, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

22.1% (±9.1 points) of the occupied homes in the Town of Olean, NY are rented (2020–2024 American Community Survey).

That is 184 renting households against 648 that own their home.

In the Town of Olean, the share of households that rent went from 18.7% in 2015–2019 to 22.1% in 2020–2024 (+3.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 22.1% (±9.1 points)
Renting households: 184 (±85)
Median renter income: $33,800 (±$31,067)

Who rents and who owns in the Town of Olean

Tenure, estimate (90% margin of error)
	Town of Olean	Cattaraugus County	New York	United States
Renter-occupied share	22.1% (±9.1 points)	24.8% (±1.3 points)	45.7% (±0.2 points)	34.8%
Renting households	184 (±85)	7,899 (±468)	3,525,661 (±12,362)	45,017,354
Owning households	648 (±98)	23,996 (±405)	4,196,985 (±19,607)	84,210,142
Average renter household size	1.9 (±0.6)	2.0 (±0.1)	2.3 (±0.0)	2.3
Average owner household size	2.0 (±0.2)	2.4 (±0.0)	2.7 (±0.0)	2.6
Median renter household income	$33,800 (±$31,067)	$34,273 (±$2,709)	$57,803 (±$395)	$52,966
Median owner household income	$94,000 (±$26,411)	$71,076 (±$2,453)	$114,563 (±$568)	$100,009

In the Town of Olean, the renter share is not measurably different from Cattaraugus County (24.8%).

It is also lower than in New York (45.7%).

It is lower than the national figure (34.8%).

In Cattaraugus County, the Town of Olean ranks 11 of 36 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 355 of 1,004.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in the Town of Olean has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	18.7% (±5.2 points)	22.1% (±9.1 points)	+3.4 percentage points	Not a measurable change
Median gross rent	$627 (±$125)	$666 (±$334)	+6.2%	No measurable change after inflation
Median household income	$57,438 (±$7,706)	$74,583 (±$19,949)	+29.8%	No measurable change after inflation

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.

Households that rent in places near the Town of Olean

Nearest places with a published estimate, compared with the Town of Olean
Place	Distance	Households that rent	Compared with this place
Town of Olean	—	22.1% (±9.1 points)	—
Olean	1.7 mi	44.9% (±4.4 points)	Higher
Weston Mills	2.7 mi	21.3% (±10.6 points)	Not measurably different
St. Bonaventure	2.8 mi	21.6% (±15.4 points)	Not measurably different
Town of Portville	3.8 mi	10.1% (±4.7 points)	Lower
Village of Allegany	3.9 mi	34.4% (±6.2 points)	Higher
Village of Portville	4.8 mi	21.9% (±10.4 points)	Not measurably different
Town of Allegany	5.9 mi	19.7% (±4.0 points)	Not measurably different
Eldred	7.6 mi	28.1% (±10.1 points)	Not measurably different

Nearby places with a measurably lower figure: Town of Portville, NY (10.1%).

Nearby places with a measurably higher figure: Olean, NY (44.9%), Village of Allegany, NY (34.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cattaraugus County, place by place

Rank	Place	Households that rent
5	Allegany Reservation	27.1% (±10.4 points)
6	Town of Hinsdale	25.3% (±10.6 points)
7 (tie)	Town of Machias	23.8% (±7.8 points)
7 (tie)	Town of New Albion	23.8% (±8.9 points)
9	Town of Yorkshire	23.2% (±5.4 points)
10	Town of Persia	23.1% (±7.2 points)
11	Town of Olean	22.1% (±9.1 points)
12	Town of Carrollton	21.4% (±7.9 points)
13	Town of Humphrey	21.2% (±13.7 points)
14	Town of Salamanca	19.9% (±9.4 points)
15	Town of Allegany	19.7% (±4.0 points)
16	Town of East Otto	18.8% (±6.6 points)
17	Town of Ellicottville	18.3% (±7.4 points)

Showing 13 of 36 places in Cattaraugus County, ranked from highest to lowest.

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).

Is renting growing in the Town of Olean?

In the Town of Olean, the share of households that rent went from 18.7% in 2015–2019 to 22.1% in 2020–2024 (+3.4 percentage points), not a measurable change.

How big are renting households in the Town of Olean?

A renting household in the Town of Olean has 1.9 people on average, against 2.0 in an owned home.

How much do renters earn in the Town of Olean?

The median renting household in the Town of Olean, NY has an income of $33,800 (±$31,067) a year, against $94,000 for households that own their home.

Sources

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 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.