Olean New York Real Estate
Olean, New York, is located in Cattaraugus County, 60 miles S of Buffalo, New York and 213 miles NW of Baltimore, Maryland. Olean has a population of 15,347.
Olean Homes
Olean properties pool is 6,446 residential properties including Olean new homes. Median age of real estate in Olean is 1939. Average Household size is 2.97 people. 2% are one bedroom homes, 13% are 2 bedroom homes, 56% are 3 bedroom homes, 24% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Olean Mortgage Statistics
Olean mortgages vs. USA median statistics
| Homes |
Olean |
USA |
| Homes With No Mortgage |
42% |
30% |
| Homes With Mortgage |
58% |
70% |
| First Mortgage Only |
50% |
54% |
| First & Second Mortgage or HELOC |
8% |
16% |
Olean Area Real Estate Tax
Olean Real estate Tax: Median Real Estate Taxes (2000) were $1,498 comparing to 1999 Median Family income $ 38,355. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Olean School District: Children make up 24.6% of Olean population. Olean has 3,782 under 18 years old residents, or 0.54 kids per one worker, or 0.59 kids per one household.
Olean Real Estate & Olean Homeownership
There are 2256.1 or 35% one person households, 1998.26 or 31% two person households, and 902.44 or 14% three person households in Olean, New York. Median residents age is 38.3, Senior citizens (65+) make up 2,744 or 17.9%% of Olean population.
There are 7,047 workers (over 16 years of age) in Olean. Of these, 86.49% drive to work. Approximately 2.16% of workers in Olean take public transportation. An estimated 8.22% walk to work.
Median Olean homeowner's housing expences are 16.6%
Crime in Olean (2003), crimes per 10,000 residents per year
| Type of Crime |
Olean |
USA, 2003 |
| Violent Crimes |
14.99 |
47.5 |
| Robberies |
5.21 |
14.2 |
| Aggravated Assaults |
5.86 |
29.5 |
| Property Crimes |
400.08 |
358.8 |
| Burglaries |
65.81 |
74.0 |
| Larceny-Thefts |
333.62 |
241.5 |
| Motor Vehicle Thefts |
0.65 |
43.3 |
Invest in Olean Properties
When making a decision about buying real estate in Olean New York area, you should consider following statistical data:
| Category |
Olean |
USA |
| Near Medium City |
Buffalo, New York |
- |
| Near Large City |
Baltimore, Maryland |
- |
| Olean Zip Codes |
14760 |
- |
| Olean Area Codes |
716 |
- |
| White population |
93.31% |
75.1% |
| African-American population |
3.47% |
12.3% |
| Asian |
0.89% |
3.6% |
| American Indian & Alaskan |
0.43% |
0.9% |
| Hispanic (of any race) |
1.24% |
12.5% |
| Median Family Income (1999) |
$ 38,355% |
$42,000 |
| Population Below Poverty Level |
15.39% |
12.4% |
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