Compare towns

Olean 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

Olean has the most expensive homes ($159k median).
Olean has the most kids (23.5% under 18).

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.

MeasureOleanOleanPanama
People
Population
1,664
13,738Highest
451Lowest
Growth since 20102010 → 2020 census
-4.2%Lowest
NY: +4.2%
-3.6%Highest
NY: +4.2%
—
Median age
53.8±5.5Highest
35% above NY
39±2.6Lowest
about the NY average
46.6±6.9
17% above NY
Olean and Panama are within the Census margin of error here, so we can’t say which is really higher.
Kids under 18
15.6%±4.5
NY: 20.5%
23.5%±2.9Highest
NY: 20.5%
12.4%±3.1Lowest
NY: 20.5%
Age 65+
25.2%±5.1Highest
NY: 17.9%
19.1%±2.5Lowest
NY: 17.9%
23.3%±6.3
NY: 17.9%
Olean and Panama are within the Census margin of error here, so we can’t say which is really higher.
Bachelor’s degree+adults 25+
23.3%
NY: 40.2%
29.9%Highest
NY: 40.2%
19.9%Lowest
NY: 40.2%
Enrolled in collegeshare of residents
2.5%±1.5Lowest
NY: 7%
3.6%±1.1
NY: 7%
4.7%±2.8Highest
NY: 7%
Panama and Olean are within the Census margin of error here, so we can’t say which is really higher.
Cost of living
Household incomemedian
$74,583±$20kHighest
13% below NY
$51,261±$7kLowest
40% below NY
$60,865±$8k
29% below NY
Olean and Panama are within the Census margin of error here, so we can’t say which is really higher.
Home valuemedian, owner-occupied
$158,600±$17kHighest
63% below NY
$86,100±$6kLowest
80% below NY
$105,400±$14k
75% below NY
Rentmedian gross, monthly
$666±$334Lowest
59% below NY
$794±$52Highest
51% below NY
$785±$43
52% below NY
Olean and Panama are within the Census margin of error here, so we can’t say which is really higher.
Property taxmedian, yearly
$4,027Highest
39% below NY
$3,130
52% below NY
$2,500Lowest
62% below NY
Renters paying 30%+of income on rent
57.1%±25.5Highest
NY: 52.1%
52%±9.1
NY: 52.1%
41.9%±24.1Lowest
NY: 52.1%
Olean and Olean are within the Census margin of error here, so we can’t say which is really higher.
Below poverty line
16.3%
NY: 14%
26.7%Highest
NY: 14%
12.9%Lowest
NY: 14%
Housing
Homeownersof occupied homes
77.9%Highest
NY: 54.3%
55.1%Lowest
NY: 54.3%
55.3%
NY: 54.3%
Typical home builtmedian year
1962
3 yrs newer than NY
1938Lowest
21 yrs older than NY
1965Highest
6 yrs newer than NY
Getting to work
Average commuteone way
19 min
43% below NY
14 minLowest
56% below NY
24 minHighest
27% below NY
Work from home
5.8%±4.7
NY: 14.9%
8.4%±2.6Highest
NY: 14.9%
4.9%±2.9Lowest
NY: 14.9%
Olean and Olean 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 #337 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
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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.