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CITY

Olcott

New York · 527 residents · 3.628 sq mi
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The short version

Olcott has roughly average household income, with a median household income of $87,833. Population has fallen 54% since 2000, a loss of 629 residents. Median home value has more than doubled since 2000, reaching $200,000. With a median age of 52.2, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 52.2
US median: 38.9
Average education
34% hold a bachelor's degree
US average: 36%
Less affordable
home values up 48%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
527
−54%since 2000
from 1,156 in 2000
1990 – 2024
Population density
145 / sq mi
−54%since 2000
from 319 / sq mi in 2000
US average: 281
Median age
52.2
+27%since 2000
from 41.2 in 2000
US average: 38.9
Population, 1990 – 2024
4367099821K2K1990201020202024Olcott
2024527
1990201020202024
Section 02

Income & economy

Median household income
$87,833
+14%inflation adjusted, since 2000
from $42,386 in 2000
US average: $82,259
1990 – 2024
Per capita income
$67,802
+285%since 2000
from $17,599 in 2000
US average: $44,673
Households earning $100K+
61.1%
+32.2 ptssince 2009
from 28.9% in 2009
US average: 53.3%
Poverty rate
8.2%
−0.3 ptssince 2000
from 8.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.540
+22%since 2010
from 0.441 in 2010
US average: 0.476
Workforce by industry, 2024
Other services14.3%
US avg: 6.7%
Public administration13.1%
US avg: 4.8%
Retail trade7.4%
US avg: 9.9%
Agriculture, forestry, fishing6.8%
US avg: 1.6%
Information6%
US avg: 10.8%
Finance & insurance4.8%
US avg: 5.9%
Professional, scientific, technical4.8%
US avg: 5.1%
Manufacturing4.2%
US avg: 0.4%
Arts, entertainment, food3.3%
US avg: 1.9%
Construction2.7%
US avg: 1.2%
Wholesale trade2.4%
US avg: 6.9%
Transportation & warehousing1.8%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$200,000
+48%inflation adjusted, since 2000
from $74,200 in 2000
US average: $376,019
1990 – 2024
Owner-occupied
88.1%
+9.7 ptssince 2000
from 78.4% in 2000
11.9% rent
Vacancy rate
52.1%
+45.7 ptssince 2009
from 6.3% in 2009
US average: 10.0%
Owner cost-burdened
20.7%
−3.8 ptssince 2009
from 24.5% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
−42.5 ptssince 2009
from 42.5% in 2009
US average: 47.4%
Afford Score
2.3
+30%since 2000
from 1.8 in 2000
1990 – 2024
Gentrification Score
61
RELATED:See current rent listings in Olcott on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.3%(1,102)
Black1%(12)
Hispanic / Latino1.8%(21)
Asian0.4%(5)
Other0%
Diversity Score8.1%(94)
2024
White, non-Hispanic88.2%(465)
Black0%(0)
Hispanic / Latino7.4%(39)
Asian0%(0)
Other4.4%(23)
Diversity Score26.8%(141)
Diversity Score
27
+229%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
33.6%
+23.3 ptssince 2000
from 10.2% in 2000
US average: 35.6%
High school or higher
93.3%
+8.6 ptssince 2000
from 84.7% in 2000
US average: 89.6%
Graduate degree
21.8%
+18.4 ptssince 2000
from 3.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.0 min
+46%since 2000
from 17.8 min in 2000
US average: 26.5
Drive alone to work
79.5%
−8.3 ptssince 2009
from 87.8% in 2009
US average: 68.9%
Carpooled to work
6.3%
+3.5 ptssince 2009
from 2.7% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
5.4%
−4.2 ptssince 2009
from 9.5% in 2009
US average: 15.0%
Walked to work
5.4%
+5.4 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
3.6%
+3.6 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.2%
+3.2 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.8%
−13.4 ptssince 2011
from 15.1% in 2011
US average: 5.2%
Labor force participation
72.9%
+15.4 ptssince 2011
from 57.5% in 2011
US average: 63.5%
Self-employed
27.7%
+7.1 ptssince 2009
from 20.6% in 2009
US average: 13.1%
Management & professional
46.7%
−23.6 ptssince 2009
from 70.4% in 2009
US average: 42.5%
Section 08

People & community

Male
50.5%
−4.4 ptssince 2009
from 54.8% in 2009
Female
49.5%
+4.4 ptssince 2009
from 45.2% in 2009
Foreign born
5.1%
+5.1 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
12.0%
−42.7 ptssince 2009
from 54.6% in 2009
US average: 6.2%
With a disability
13.7%
−4.0 ptssince 2012
from 17.7% in 2012
US average: 13.3%
Uninsured
2.1%
−95.0 ptssince 2013
from 97.1% in 2013
US average: 8.4%
Broadband at home
91.3%
+31.8 ptssince 2017
from 59.5% in 2017
US average: 91.0%
English only at home
90.7%
−8.9 ptssince 2016
from 99.6% in 2016
US average: 77.7%
Spanish at home
4.7%
+4.7 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Olcott to nearby cities

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OLCOTT VS
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OLCOTT VS
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OLCOTT VS
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Frequently asked

How many people live in Olcott, New York?

Olcott, New York has about 527 residents according to the 2024 American Community Survey.

What is the median household income in Olcott, New York?

The typical household in Olcott, New York earns about $87,833 a year. Half of households make more than that, and half make less.

Is Olcott, New York expensive?

In Olcott, New York, the median home is worth about $200,000.

How educated are people in Olcott, New York?

About 33.6% of adults age 25 and over in Olcott, New York hold a bachelor's degree or higher.

What is the poverty rate in Olcott, New York?

About 8.2% of people in Olcott, New York live below the federal poverty line.

Has Olcott, New York grown since 1990?

Yes, Olcott, New York has shrunk since 1990. The population has lost about 910 residents, a change of about -63 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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