Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

889 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,061

Average Rent as Percentage of Gross Income

Median rent for 2018: $639

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $149,677
--Home Prepared Food $84,342
--Restaurant/Takeaway Food $65,335
Alcoholic Beverages $10,988
Housing $379,391
--Rent/Mortgage/Upkeep/Taxes $221,843
--Utilities $76,472
--Operations $28,807
--Supplies $14,107
--Furnishings $38,310
Apparel $35,192
--Men & Boys $7,870
--Women & Girls $14,255
--Children < 2 $148
--Footwear $7,424
Transportation $184,275
--New Vehicles $34,450
--Used Vehicles $39,350
--Fuel $39,795
--Insurance $18,413
--Public Transit $15,443
Healthcare $93,845
Entertainment $60,881
--Pets $12,473
--Toys $2,970
Personal Care Products $14,552
Books & Literature $2,079
Education $26,580
Tobacco Products $6,534
Miscellaneous $18,710
Retirement $35,637
Non-health Insurance $137,798
Total Expenditures $1,156,139

Selected Population Data

Period Geography Population
2014 Olean, NY Micro Area 79,397
2015 Olean, NY Micro Area 78,962
2016 Olean, NY Micro Area 78,506
2017 Olean, NY Micro Area 78,175
2018 Olean, NY Micro Area 77,686