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As of 2009, Olean's population is 14,286 people. Since 2000, it has had a population growth of -4.97 percent.
The median home cost in Olean is $71,620. Home appreciation the last year has been -5.20 percent.
Compared to the rest of the country, Olean's cost of living is 23.27% Lower than the U.S. average.
Olean public schools spend $7,793 per student. The average school expenditure in the U.S. is $6,058. There are about 20 students per teacher in Olean.
The unemployment rate in Olean is 9.90 percent(U.S. avg. is 8.50%). Recent job growth is Negative. Olean jobs have Decreased by 2.00 percent.
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