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    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

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    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

    Housing & Cost of Living
    Median Home Value
    $87,600
    Median Rent
    $858
    Median Income
    $45,078
    Affordability Index
    119
    Homeownership Rate
    83.0%
    Electricity Rate
    22.5¢/kWh
    Est. Monthly Electric
    $203
    69% below nat'l avg
    26% below nat'l avg
    Safety & Crime
    Violent Crime
    3.6 per 1K
    Property Crime
    15.1 per 1K
    3% below nat'l avg
    14% below nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    0/100
    Transit Score
    N/A
    Bike Score
    1/100
    100% below nat'l avg

    Car-Dependent

    N/A

    1

    Environment & Quality of Life
    Air Quality (AQI)
    40 — Good
    Climate Risk
    Relatively Moderate
    Noise Level
    Quiet
    Unemployment
    N/A
    Poverty Rate
    N/A
    5% below nat'l avg
    About Olean

    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.

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