Olcott is a small town of 1,041 in New York, with a median household income of $70,606
and a 8.8% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
Olcott stands out for an affordable cost of living, below-average home prices, solid school ratings (B).
Trade-offs:
Potential downsides include longer commutes, an elevated unemployment rate. Whether Olcott is right for you depends on your priorities — the full breakdown is below.
All Olcott city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.4
Olcott's overall cost of living index is 94.4,
where 100 represents the US national average.
Living in Olcott costs roughly 6% less than the average American city.
Metric
Olcott, NY
National Avg
Median Home Value
$123,900
$244,900
Median Monthly Rent
N/A
$1,163
Homeownership Rate
88.1%
65.9%
Median Household Income
$70,606
$74,755
Crime & Safety
Very Safe
Olcott's violent crime rate is 150.5 per 100,000 residents
— 60% lower than the national average of ~380 per 100,000.
Violent Crime
150.5 /100k
Property Crime
1047.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Olcott is served primarily by NEWFANE CENTRAL SCHOOL DISTRICT.
The student-to-teacher ratio is 11.0:1
(better than the national average of ~16:1).
Metric
Olcott, NY
National Avg
School District
NEWFANE CENTRAL SCHOOL DISTRICT
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
11.0:1
16:1
Bachelor's Degree or Higher
18.0%
35.4%
High School Diploma or Higher
96.2%
91.1%
Weather & Climate
Olcott sees average highs of 32.7°F in January
and 82.3°F in July,
with 32.2 inches of annual precipitation
and 55.2 inches of snow per year.
Olcott's cost of living index is 94, where 100 is the national average.
That makes Olcott roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $123,900 and median rent is N/A/month.
Olcott's violent crime rate is 150.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1047.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Olcott are operated by NEWFANE CENTRAL SCHOOL DISTRICT.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 11.0:1. 18.0% of adults 25+ hold a bachelor's degree or higher.
Olcott, NY has a population of 1,041, a median household income of $70,606, and an unemployment rate of 8.8%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Olcott averages 32.7°F in January and 82.3°F in July. Annual rainfall is 32.2 inches
with about 55.2 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Olcott, NY is covered by 2 ZIP codes: 14028, 14126.
The population of Olcott, New York is 1,041 with a median age of 47.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olcott: cost of living index 94 (100 = US average), median home $123,900, median household income $70,606, crime index 44 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Olcott side by side with your current city to see the trade-offs.