Olean, NY Employment - Median Household Income, Unemployment Rate

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F

12%

Income/capita NAT. AVG.

24%

Household income NAT. AVG.

8%

Unemployment NAT. AVG.

Index	Olean	New York	National
Income per capita	$39,336	$51,391	$44,883
Median household income	$61,621	$89,985	$81,333
Median income owner occupied	$103,278	$125,982	$106,172
Median income renter occupied	$37,272	$58,659	$52,080
Median earnings male	$49,160	$59,465	$54,343
Median earnings female	$37,236	$44,739	$38,439
Unemployment rate	4.5%	5.0%	4.9%
Poverty level	23.9%	15.5%	15.1%

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Key findings

The income per capita in Olean is 12% lower than the national average
The median household income in Olean is 24% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Olean is 8% 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

$41,076 $61,621 $123,242

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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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	365	$117,960	45.0%
Lewis Run, PA	758	$101,013	24.2%
Weston Mills, NY	1,333	$91,716	12.8%
Allegany, NY	2,048	$89,901	10.5%
Foster Brook, PA	1,140	$88,826	9.2%
Olean, NY	14,052	$61,621	24.2%

Cities with similar population

City	Population	Household Income	National Avg.
Holly Springs, GA	14,053	$140,452	72.7%
Marietta, OH	14,053	$59,448	26.9%
Beauharnois, QC	14,056	n/a
Monticello, MN	14,058	$105,768	30.0%
Roselle Park, NJ	14,045	$120,967	48.7%
Olean, NY	14,052	$61,621	24.2%

Source: The Olean, 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.