Olcott, NY Employment - Median Household Income, Unemployment Rate

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C-

2%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

45%

Unemployment NAT. AVG.

Index	Olcott	New York	National
Income per capita	$45,751	$51,391	$44,883
Median household income	$91,469	$89,985	$81,333
Median income owner occupied	$83,666	$125,982	$106,172
Median income renter occupied	$92,801	$58,659	$52,080
Median earnings male	$66,451	$59,465	$54,343
Median earnings female	$69,384	$44,739	$38,439
Unemployment rate	7.1%	5.0%	4.9%
Poverty level	2.8%	15.5%	15.1%

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Homes For Sale In Olcott, NY

1632 Lockport St

Olcott, NY

1635 Lockport Olcott RD

Newfane, NY

1568 Water ST

Newfane, NY

5576 West BLF

Newfane, NY

Key findings

The income per capita in Olcott is 2% higher than the national average
The median household income in Olcott is 12% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Olcott is 45% 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

$60,973 $91,469 $182,938

City

$59,984 $89,985 $179,970

State

$54,216 $81,333 $162,666

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	1,556	$151,521	86.3%
Sanborn, NY	1,201	$95,379	17.3%
Gasport, NY	1,647	$92,665	13.9%
Middleport, NY	1,932	$77,624	4.6%
South Lockport, NY	8,624	$73,727	9.4%
Olcott, NY	1,188	$91,469	12.5%

Cities with similar population

City	Population	Household Income	National Avg.
Clarence, IA	1,188	$80,003	1.6%
Malvern, IA	1,188	$112,677	38.5%
Wayland, IA	1,188	$88,915	9.3%
Forest Hill, LA	1,188	$64,068	21.2%
Southmont, NC	1,188	$63,624	21.8%
Olcott, NY	1,188	$91,469	12.5%

Source: The Olcott, NY employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.