Economy in Olean, New York
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| Unemployment Rate | 8.00% | 8.60% |
| Recent Job Growth | -1.05% | 0.35% |
| Future Job Growth | 29.90% | 32.10% |
| Sales Taxes | 8.00% | 5.00% |
| Income Taxes | 6.85% | 4.70% |
| Income per Cap. | $22,248 | $26,154 |
| Household Income | $37,587 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.85% | 12.37% |
| Income between 15K and 25K | 14.96% | 10.53% |
| Income between 25K and 35K | 15.51% | 10.88% |
| Income between 35K and 50K | 16.24% | 15.37% |
| Income between 50K and 75K | 18.54% | 20.14% |
| Income between 75K and 100K | 9.94% | 12.41% |
| Income between 100K and 150K | 5.67% | 11.27% |
| Income between 150K and 250K | 1.57% | 5.01% |
| Income between 250K and 500K | 0.67% | 1.86% |
| Income greater than 500K | 0.05% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.29% | 14.04% |
| Professional and Related Occupations | 24.88% | 20.61% |
| Service | 19.03% | 14.45% |
| Sales and Office | 26.37% | 26.75% |
| Farming, Fishing, and Forestry | 0.21% | 0.70% |
| Construction, Extraction, and Maintenance | 5.88% | 9.42% |
| Production, Transportation, and Material Moving | 14.34% | 14.05% |
The unemployment rate in Olean, NY, is 8.00%, with job growth of -1.05%. Future job growth over the next ten years is predicted to be 29.90%.
Olean, NY Taxes
Olean, NY,sales tax rate is 8.00%. Income tax is 6.85%.
Olean, NY Income and Salaries
The income per capita is $22,248, which includes all adults and children. The median household income is $37,587.
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