Olean, NY Employment - Median Household Income, Unemployment Rate

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F

13%

Income/capita NAT. AVG.

25%

Household income NAT. AVG.

9%

Unemployment NAT. AVG.

Index	Olean	New York	National
Income per capita	$25,984	$34,212	$29,829
Median household income	$41,500	$60,741	$55,322
Median income owner occupied	$68,768	$83,277	$70,586
Median income renter occupied	$25,528	$38,983	$35,192
Median earnings male	$34,118	$40,464	$36,919
Median earnings female	$25,344	$30,906	$26,250
Unemployment rate	4.2%	4.8%	4.7%
Poverty level	23.9%	15.5%	15.1%

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Key findings

The income per capita in Olean is 13% lower than the national average
The median household income in Olean is 25% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Olean is 9% lower than the national average
The poverty level in Olean is 58% higher than the national average

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am i middle class

$27,663 $41,500 $83,000

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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Olean median earnings by income bracket

Olean employment by industry

Labour Type	Male	Female
Construction industry	6.5%	6.5%
Manufacturing sector	20.7%	20.7%
Financial & insurance services	4.6%	4.6%
Wholesale & retail services	15.0%	15.0%
Public administration	5.8%	5.8%
Transportation, warehousing & utilities	5.8%	5.8%
Education, health & social services	18.8%	18.8%
Other	21.8%	21.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Ellicottville, NY	356	$78,194	41.3%
Lewis Run, PA	732	$66,923	21.0%
Weston Mills, NY	1,297	$61,228	10.7%
Foster Brook, PA	1,115	$60,000	8.5%
Allegany, NY	1,981	$59,313	7.2%
Olean, NY	13,580	$41,500	25.0%

Cities with similar population

City	Population	Household Income	National Avg.
Jasper, AL	13,584	$53,308	3.6%
Roselle Park, NJ	13,574	$80,842	46.1%
South Glengarry, ON	13,573	n/a
Iona, FL	13,588	$55,197	0.2%
Oatfield, OR	13,588	$83,800	51.5%
Olean, NY	13,580	$41,500	25.0%

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