Living in Olean, NY
A comprehensive, data-driven guide to life in Olean. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.
Population: 13,890
Olean at a Glance
Median Home Value
$87,600
Nat'l avg: $281,900
Median Rent
$858
Nat'l avg: $1,163
Violent Crime
3.6 per 1K
Nat'l avg: 3.7 per 1K
Walk Score
0/100
Car-Dependent
Median Income
$45,078
Nat'l avg: $74,580
Air Quality
AQI 40
Good
Climate Risk
Relatively Moderate
Score: 81.40748932729241
Population
13,890
National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K
Car-Dependent
N/A
1
Olean, New York, a hidden gem nestled in the heart of Western New York, offers a refreshing alternative to the hustle and bustle of larger cities. Imagine a lifestyle where affordability reigns supreme; here, the median home value hovers around a remarkable $87,600, a stark contrast to the national average. This incredible value allows residents to enjoy a comfortable life without the crushing burden of high housing costs. Olean is a community where neighbors know each other, and the pace of life encourages a genuine sense of connection. This is a place where you can truly unwind and enjoy the simple pleasures, all while being surrounded by the natural beauty of the surrounding area. From an investment perspective, Olean presents a compelling opportunity. While the median household income of $45,078 is lower than the national average, the exceptionally low cost of living more than compensates, making Olean a great place for first-time homebuyers or those looking to downsize. The town is known for its safety and walkable neighborhoods, offering an attractive environment for families and retirees alike. This is a market that rewards those who value affordability, community, and a slower pace of life. For those seeking a real estate investment with lower risk and a high quality of life, Olean is worth a serious look.