Compare towns
Hancock vs Olean vs Panama
Cost, people, housing, commute and schools, side by side, each benchmarked against New York.
What stands out worked out from the figures below
Hancock has the most expensive homes ($150k median).
Olean has the most kids (23.5% under 18).
Panama has the highest household income ($61k).
What matters to you?
Pick a few. We’ll pull those rows to the top and mark which town comes out ahead on each. There’s no overall score: what matters is up to you.
| Measure | Hancock | Olean | Panama |
|---|---|---|---|
| Your priorities | |||
| People | |||
| Population | 745 |
13,738Highest |
451Lowest |
| Growth since 20102010 → 2020 census | -11.9%Lowest NY: +4.2% |
-3.6%Highest NY: +4.2% |
— |
| Median age | 52.5±8.7Highest 32% above NY |
39±2.6Lowest about the NY average |
46.6±6.9 17% above NY |
| Hancock and Panama are within the Census margin of error here, so we can’t say which is really higher. | |||
| Kids under 18 | 13%±5.8 NY: 20.5% |
23.5%±2.9Highest NY: 20.5% |
12.4%±3.1Lowest NY: 20.5% |
| Age 65+ | 30.2%±5.1Highest NY: 17.9% |
19.1%±2.5Lowest NY: 17.9% |
23.3%±6.3 NY: 17.9% |
| Hancock and Panama are within the Census margin of error here, so we can’t say which is really higher. | |||
| Bachelor’s degree+adults 25+ | 20.8% NY: 40.2% |
29.9%Highest NY: 40.2% |
19.9%Lowest NY: 40.2% |
| Enrolled in collegeshare of residents | 4.7%±3.8Highest NY: 7% |
3.6%±1.1Lowest NY: 7% |
4.7%±2.8Highest NY: 7% |
| Cost of living | |||
| Household incomemedian | $51,765±$9k 40% below NY |
$51,261±$7kLowest 40% below NY |
$60,865±$8kHighest 29% below NY |
| Panama and Hancock are within the Census margin of error here, so we can’t say which is really higher. | |||
| Home valuemedian, owner-occupied | $150,000±$34kHighest 65% below NY |
$86,100±$6kLowest 80% below NY |
$105,400±$14k 75% below NY |
| Hancock and Panama are within the Census margin of error here, so we can’t say which is really higher. | |||
| Rentmedian gross, monthly | $958±$181Highest 41% below NY |
$794±$52 51% below NY |
$785±$43Lowest 52% below NY |
| Hancock and Olean are within the Census margin of error here, so we can’t say which is really higher. | |||
| Property taxmedian, yearly | $3,756Highest 43% below NY |
$3,130 52% below NY |
$2,500Lowest 62% below NY |
| Renters paying 30%+of income on rent | 58.7%±22.1Highest NY: 52.1% |
52%±9.1 NY: 52.1% |
41.9%±24.1Lowest NY: 52.1% |
| Hancock and Olean are within the Census margin of error here, so we can’t say which is really higher. | |||
| Below poverty line | 16.6% NY: 14% |
26.7%Highest NY: 14% |
12.9%Lowest NY: 14% |
| Housing | |||
| Homeownersof occupied homes | 52.7%Lowest NY: 54.3% |
55.1% NY: 54.3% |
55.3%Highest NY: 54.3% |
| Typical home builtmedian year | 1938Lowest 21 yrs older than NY |
1938Lowest 21 yrs older than NY |
1965Highest 6 yrs newer than NY |
| Getting to work | |||
| Average commuteone way | 25 minHighest 25% below NY |
14 minLowest 56% below NY |
24 min 27% below NY |
| Work from home | 7.5%±7.5 NY: 14.9% |
8.4%±2.6Highest NY: 14.9% |
4.9%±2.9Lowest NY: 14.9% |
| Olean and Hancock are within the Census margin of error here, so we can’t say which is really higher. | |||
| Schools | |||
| Public school scoresrank in state, math + reading | #471 of 484 in NY | #337 of 484 in NY | — |
| School district | — | OLEAN CITY SCHOOL DISTRICT | — |
| High school in town | — | OLEAN SENIOR HIGH SCHOOL | — |
| Students per teacherat that high school | — | 12.2 |
— |
| On TownTapestry | |||
| Old photos in History | None yet | None yet | None yet |
NY average · Sources: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024; 2010 & 2020 decennial census; NCES Common Core of Data. “±” is the Census margin of error. Property tax is top-coded by the Census at $10,000+. School rank compares math and reading proficiency against the state average.