Area Demographics

The City of Olean is the major commerce and industrial center for Cattaraugus County and the surrounding counties in New York and Pennsylvania. Olean, New York is home to several industries specializing in everything from Hi-Tech power sources to the manufacturing of common household products. The location of Olean provides for easy access to the major markets throughout the Northeast, including Canada. These areas include Buffalo, Rochester, Binghamton, New York City and Boston, Ma. Within a 500 mile radius a total service U.S. population of over 70,000,000 exists and to the North we have approximately 62% of the total population of Canada and close to 80% of all manufacturing facilities that are located in Canada.

These markets can be easily reached through Olean's easy access to an extensive, well-developed transportation network from highways such as Interstate 86 (formerly NY Rt. 17) and US Route 219, to easy accessibility of rail and air transportation centers.

Below are demographics on the City of Olean, and Towns of Portville, Allegany, Hinsdale, and Westons Mills. The Chamber produces an Industrial and Large Employers Directory. You can download a copy of the latest directory here. Please contact us if you need specific information or more details.

Community Profile

Community Profile 2

	Olean	Portville	Allegany	Hinsdale	Westons Mills	National Average
Population	20510	3629	7596	2034	1733	11535
Median Age	38.1	37.7	33.2	38.7	39	37.47
Median Household Income	$32,126	$38,147	$39,007	$33,537	$35,363	$42,350
Average Household Size	2.3 people	2.64 people	2.54 people	2.63 people	2.56 people	2.57 people
Percentage College or Better	13.7%	14.6%	25.66%	12.07%	24.05%	20.14%
PercentageWhite Collar	54.5%	48.7%	54.3%	41.7%	53.54%	47.14%

COST OF LIVING	Olean	Portville	Allegany	Hinsdale	Westons Mills	National Average
Cost of Living Index	98	98	103	87	89.5	99.52
Average Yearly Utility Cost	$2,470.08	$2,316.58	$2,784.60	$2,370.29	$2,600.83	$3,196.27
Average Household Ttl Consumer Expenditures	$34,321	$32,759	$39,517	$33,531.42	$37,115.69	$41,075
Average Household Education Expenditures	$319	$280	$378	$294.67	$334.98	$359.07
Average Household Entertainment Expenditures	$1,776.66	$1,786	$2,084.59	$1,770.95	$1,972.98	$1,965.76

Average Household Retail Expenditures	$15,649	$14,748	$18,063	$15,129	$16,860	$18,600
Average Household Non-Retail Expenditures	$18,673	$18,011	$21,453	$18,402	$20,255	$22,474

HOUSING	Olean	Portville	Allegany	Hinsdale	Westons Mills	National Average
Single Family Home Sale Price Index	59	65	86	55	69	100
% Homes Owner Occupied	58%	73%	71%	62%	74.96%	64.61%
Average Dwelling Size	5 rooms	5 rooms	5 rooms	4 rooms	5 rooms	4.54 rooms

QUALITY OF LIFE	Olean	Portville	Allegany	Hinsdale	Westons Mills	National Average
Average Winter Low Temp	20.5	19.64	23.85	22	21.16	30.01

Average Summer Temp	70	70	70.81	69.19	69.54	74.44

Average Annual Precipitation	38	41	40	42	46	37.69
Air Quality Index	3	3	3	3	3	3.42
Total Crime Index	89	20	48	21	20	100
Culture Index	100	87	98	88	15	86.95

The figures obtained as of September 2007 from Neighborhood Information online and various sources.

-March 11, 2008

Copyright © 2006 Greater Olean Area Chamber of Commerce. All Rights Reserved.
Greater Olean Area Chamber of Commerce / 120 N Union Street / Olean, NY 14760
Phone: (716) 372-4433 / Fax: (716) 372-7912 / E-mail: info@oleanny.com