Quick facts: Olean, NY

98.5
Cost of Living
below US average
13,764
Population
35.45
Crime Rate per 1000
above US average
$45,078
Median Income
below US average
$100,170
Median House Price
above US average
Average Rent Data is updating, will be available soon
15%
Poverty Rate
above US average
5.2%
Unemployment Rate
above US average

Overview for Olean, NY

Olean is a charming city located in Cattaraugus County, New York, with a rich history and a vibrant community. Nestled in the Southern Tier of New York, Olean is positioned along the Allegheny River and is known for its scenic landscapes and outdoor recreational activities. The city was founded in the early 19th century and evolved into a significant hub for oil and gas industries during the 19th century boom. Today, Olean offers a mix of historical architecture and modern amenities. The downtown area features unique shops, restaurants, and cultural attractions, creating a lively atmosphere. The city is home to several parks, including the popular East River Park, which provides opportunities for picnicking, walking, and enjoying nature. Olean is also known for its proximity to St. Bonaventure University, contributing to its youthful energy and sense of community. The city hosts various events and festivals throughout the year, making it an engaging place to live and visit. The local economy is diverse, with healthcare, education, and retail playing key roles. Overall, Olean captures the essence of small-town charm combined with the resources of a larger city.