Olcott, NY
Population 821 · New York
About Olcott, NY
Olcott is a small community in New York with a population of 821 residents. The median household income is $74,970 per year, which is above the national average. The median age in Olcott is 43.7 years.
Housing in Olcott has a median home value of $162,100 and median monthly rent of $942. Of the 605 total housing units, the majority are owner-occupied, with 324 owner-occupied and 79 renter-occupied units.
The unemployment rate in Olcott is 10.1% and the poverty rate is 2.8%. 21.3% of residents hold a bachelor's degree or higher. The average commute time is 31.7 minutes.
Cost of Living in Olcott, NY
Compared to national averages, Olcott has a median household income of $74,970 (0% below the national median of $75,149). Home values average $162,100, which is 34% below the national median. Monthly rent at $942 is 19% below the US average of $1,163. Within New York, Olcott's income is 23% below the state average of $96,987, and home values are 58% below the state median of $387,181.
Why Live in Olcott, NY?
Olcott offers affordable housing with a median home value of $162,100, below the US average of $244,900, and rent that’s lower than the national average at $942/month, and a low poverty rate of 2.8%, better than the national average.
Potential considerations include median household income ($74,970) that falls below the national average. However, Olcott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olcott has a population of 821 with a median age of 43.7 years. Compare Olcott with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Olcott
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chadwicks | 824 | $72,861 | $123,700 | Compare |
| Dexter | 828 | $49,826 | $152,600 | Compare |
| Poestenkill | 828 | $94,891 | $247,900 | Compare |
| West Winfield | 806 | $74,107 | $136,900 | Compare |
| Napanoch | 837 | $82,750 | $172,300 | Compare |
| Philadelphia | 803 | $53,958 | $134,400 | Compare |
| Millerton | 801 | $80,897 | $245,300 | Compare |
| Nassau Lake | 841 | $0 | $271,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Olcott
What is the population of Olcott, NY?
The population of Olcott, NY is 821 according to the latest Census data.
What is the median household income in Olcott?
The median household income in Olcott, NY is $74,970 per year.
What is the median home value in Olcott?
The median home value in Olcott, NY is $162,100.
What is the average rent in Olcott?
The median monthly rent in Olcott, NY is $942.
What is the unemployment rate in Olcott?
The unemployment rate in Olcott, NY is 10.1%.