Olcott, NY Employment - Median Household Income, Unemployment Rate

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C-

2%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

44%

Unemployment NAT. AVG.

Index	Olcott	New York	National
Income per capita	$30,519	$34,212	$29,829
Median household income	$61,149	$60,741	$55,322
Median income owner occupied	$55,250	$83,277	$70,586
Median income renter occupied	$61,757	$38,983	$35,192
Median earnings male	$45,750	$40,464	$36,919
Median earnings female	$46,271	$30,906	$26,250
Unemployment rate	6.7%	4.8%	4.7%
Poverty level	2.8%	15.5%	15.1%

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Key findings

The income per capita in Olcott is 2% higher than the national average
The median household income in Olcott is 11% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Olcott is 44% higher than the national average
The poverty level in Olcott is 82% lower than the national average

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am i middle class

$40,761 $61,149 $122,298

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.

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Olcott median earnings by income bracket

Olcott employment by industry

Labour Type	Male	Female
Construction industry	5.3%	5.3%
Manufacturing sector	34.6%	34.6%
Financial & insurance services	4.1%	4.1%
Wholesale & retail services	40.7%	40.7%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	15.4%	15.4%
Education, health & social services	0.0%	0.0%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Ransomville, NY	1,520	$102,361	85.0%
Sanborn, NY	1,157	$63,977	15.6%
Gasport, NY	1,587	$61,288	10.8%
Middleport, NY	1,889	$51,776	6.4%
South Lockport, NY	8,344	$48,724	11.9%
Olcott, NY	1,155	$61,149	10.5%

Cities with similar population

City	Population	Household Income	National Avg.
Shafer, MN	1,155	$81,895	48.0%
North Haverhill, NH	1,155	$55,865	1.0%
Tyndall, SD	1,155	$43,462	21.4%
Notre-Dame-du-Portage, QC	1,155	n/a
Naco, AZ	1,156	$37,188	32.8%
Olcott, NY	1,155	$61,149	10.5%

Source: The Olcott, NY employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).