Olean employment information

IndexOleanNew YorkNational
Income per capita$24,746$34,212$29,829
Median household income$40,707$60,741$55,322
Median income owner occupied$63,112$83,277$70,586
Median income renter occupied$25,751$38,983$35,192
Median earnings male$33,994$40,464$36,919
Median earnings female$25,514$30,906$26,250
Unemployment rate4.3%4.8%4.7%
Poverty level22.5%15.5%15.1%
The Olean, NY employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Olean is $24,746, which is 28% lower than than the New York average and 17% lower than than the national average. The median household income is $40,707, which is 33% lower than than the New York average and 26% lower than than the national average. The unemployment rate in Olean is 4%, which is 7% lower than than the national average. The poverty rate in Olean is 22% which is 49% higher than than the national average.

am i middle class

$Input your household income
$27,135$40,707$81,414
City
$40,489$60,741$121,482
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Olean is 17% lower than the national average.
  • The median household income in Olean is 26% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Olean is 7% lower than the national average.
  • The poverty level in Olean is 49% higher than the national average.

Find Real Estate Listings In Olean

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Olean

Compare Olean, NY Employment To Other Cities

Employment status

Hours worked per week

Olean median earnings by income bracket

Olean employment by industry

Labour TypeMaleFemale
Construction industry7.5%0.6%
Manufacturing sector24.1%0.0%
Financial & insurance services3.7%7.2%
Wholesale & retail services12.9%15.1%
Public administration7.9%3.5%
Transportation, warehousing & utilities2.8%2.0%
Education, health & social services20.8%47.6%
Other19.8%18.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Lewis Run, PA627$55,0001%
Weston Mills, NY1,343$51,4777%
Limestone, NY380$51,3647%
Portville, NY1,026$49,72210%
Allegany, NY1,959$49,27611%
Olean, NY13,991$40,70726%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Indiana, PA14,002$28,10349%
Pewaukee, WI13,979$83,99852%
Sterling, CO13,976$36,28234%
Nesconset, NY13,973$115,459109%
Mountain House, CA14,009$117,433112%
Olean, NY13,991$40,70726%
Source: The Olean, NY employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).