| Index | Olean | New York | National |
| Average Test Scores | 52% | 56% | 48% |
| Student/Teacher ratio | n/a | n/a | 16:1 |
| Total public schools | 9 | 4,060 | 79,221 |
| Total private schools | 2 | 1,092 | 24,874 |
| Total post-secondary schools | 2 | 483 | 7,963 |

| Index | Olean | New York | National |
| Completed 8th grade | 85.6% | 83.5% | 84.3% |
| Completed high school | 84.8% | 82.1% | 83.0% |
| Completed some college | 53.0% | 59.5% | 59.4% |
| Completed associate degree | 37.6% | 43.4% | 38.5% |
| Completed bachelors | 25.7% | 34.7% | 30.3% |
| Completed masters | 11.2% | 15.1% | 11.5% |
| Completed professional degree | 2.5% | 4.2% | 3.3% |
| Completed doctorate | 1.4% | 1.5% | 1.3% |
There are a total of 9 public schools, 2 private schools and 2 post-secondary schools in Olean. Using the proficiency score averages, the average test scores for Olean, NY schools is 52%. The average student to teacher ratio is n/a. In Olean, NY, an average of 85.6% of students have completed 8th grade and an average of 84.8% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Ellicottville, NY | 365 | 68% | 42.2% |
| Shinglehouse, PA | 1,099 | 64% | 33.0% |
| Cuba, NY | 1,494 | 64% | 32.6% |
| Portville, NY | 971 | 62% | 28.1% |
| Bradford, PA | 8,611 | 60% | 24.0% |
| Olean, NY | 14,052 | 52% | 8.6% |
| City | Population | Avg. Test Scores | National Avg. |
| Marietta, OH | 14,053 | 62% | 29.8% |
| Monticello, MN | 14,058 | 59% | 23.1% |
| Grimes, IA | 14,059 | 84% | 75.8% |
| Roselle Park, NJ | 14,045 | 52% | 8.5% |
| Kailua CDP (Hawaii County), HI | 14,062 | 40% | 17.2% |
| Olean, NY | 14,052 | 52% | 8.6% |