Olyphant, PA
Population 5,370 · Pennsylvania
About Olyphant, PA
Olyphant is a small town located in Pennsylvania with a population of 5,370 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,516 per year, which is 15% below the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Olyphant features a median home value of $143,400, which is 41% below the national median of $244,900. This makes Olyphant one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $889, 24% below the national average of $1,163/month. Of the 2,607 total housing units, 68% are owner-occupied (1,631 units) and 32% are renter-occupied (756 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Olyphant shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Olyphant have an average one-way commute time of 20 minutes.
Education & Demographics
27.9% of Olyphant residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 0.7% Hispanic or Latino, 8.3% Black or African American, and 1.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Olyphant, PA
Compared to national averages, Olyphant has a median household income of $63,516 (15% below the national median of $75,149). Home values average $143,400, which is 41% below the national median. Monthly rent at $889 is 24% below the US average of $1,163. Within Pennsylvania, Olyphant's income is 13% below the state average of $73,376, and home values are 25% below the state median of $190,903.
Why Live in Olyphant, PA?
Olyphant offers affordable housing with a median home value of $143,400, below the US average of $244,900, and rent that’s lower than the national average at $889/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 10.0%, better than the national average, and short commute times averaging just 20 minutes.
Potential considerations include median household income ($63,516) that falls below the national average. However, Olyphant’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Olyphant has a population of 5,370 with a median age of 40.1 years. Compare Olyphant with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Olyphant
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Whitfield | 5,346 | $123,358 | $291,500 | Compare |
| Pennside | 5,406 | $77,411 | $195,000 | Compare |
| Trooper | 5,408 | $134,338 | $412,900 | Compare |
| Tyrone | 5,421 | $55,568 | $122,000 | Compare |
| Edinboro | 5,303 | $40,862 | $211,300 | Compare |
| Chesterbrook | 5,439 | $140,972 | $432,200 | Compare |
| Sayre | 5,444 | $55,393 | $166,000 | Compare |
| Shillington | 5,462 | $77,289 | $190,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Olyphant With Other Cities
Frequently Asked Questions about Olyphant
What is the population of Olyphant, PA?
The population of Olyphant, PA is 5,370 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Olyphant?
The median household income in Olyphant, PA is $63,516 per year, which is 15% below the national median of $75,149.
What is the median home value in Olyphant?
The median home value in Olyphant, PA is $143,400, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Olyphant?
The median monthly rent in Olyphant, PA is $889, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Olyphant?
The unemployment rate in Olyphant, PA is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Olyphant, PA a good place to live?
Olyphant offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,370 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Olyphant, PA?
27.9% of residents in Olyphant aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Olyphant?
Key cost-of-living indicators for Olyphant, PA: median home value is $143,400 (41% below national), median rent is $889/month, and median household income is $63,516. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Olyphant?
The poverty rate in Olyphant, PA is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Olyphant, PA?
Olyphant's population is 1.8% White, 0.7% Hispanic or Latino, 8.3% Black or African American, 1.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.