14760 Olean, NY is a great place to live for those looking for affordable housing and a reasonable cost of living. The average 2 bedroom rent in 14760 Olean is $810, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index in 14760 Olean is 95 compared to 100 in the US. This means that basic groceries are more affordable in this area than other places across the country.
This area of New York also offers plenty of local businesses and job opportunities for those who want to live and work in the same place. Some popular companies include Walmart, CVS Pharmacy, Dunkin Donuts, Dollar Tree, and Lowes Home Improvement Store. There is something for everyone when it comes to employment options in 14760 Olean as it has a mix of retail stores, restaurants, medical offices and small businesses. All these factors make living in 14760 an excellent option with an overall low cost of living.
Olean (zip 14760) has an unemployment rate of 7.2%. The US average is 6.0%.
Olean (zip 14760) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Olean (zip 14760)
- The Sales Tax Rate for Olean (zip 14760) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Olean (zip 14760) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Olean (zip 14760)
- The average income of a Olean (zip 14760) resident is $26,058 a year. The US average is $28,555 a year.
- The Median household income of a Olean (zip 14760) resident is $48,948 a year. The US average is $69,021 a year.