Everything You Should Know Before Moving to Olcott, NY
Considering a move to Olcott, NY? This cozy lakeside village of about 1,200 residents features affordable living, with median home prices around $165,000 and average rents at $850. Enjoy a peaceful, safe community with violent crime rates well below national averages and low property crime. Commutes average 27.5 minutes, and local schools offer small class sizes. Experience Lake Ontario’s scenic charm, four distinct seasons, and a welcoming, close-knit community—perfect for those seeking a relaxed lifestyle.
Demographics - Olcott, NY
Demographics - Olcott, NY
Olcott is a small lakeside village with a population of about 1,200 residents, a median age of 48, and a nearly even gender balance. The community is predominantly White, with a small percentage of non-English speakers, making it a tight-knit and welcoming place for newcomers.
Population:
1,200
Density:
350 per sq mi
Median Age:
48.1
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
3.5%
Ethnic Composition
White:
96.5%
Black:
0.8%
Asian:
0.6%
Others:
2.1%
Cost Of Living
What is the average cost of living in Olcott, NY?
Living in Olcott is budget-friendly, with a cost of living index below the national average and median home values around $165,000. Renters can expect average monthly rents near $850, while essential expenses like utilities and insurance remain manageable for most households.
Median House Value:
$165,000
Gross Rent:
$850
Monthly Electricity Charges:
$115
Auto Insurance:
$1,250
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$475
State Taxes:
Low:
4%
|
High:
8.82%
Cost Of Living Index:
89.5
Grocery:
96.0
Housing:
72.0
Utilities:
104.0
Transportation:
94.0
Health Care:
98.5
Miscellaneous:
93.0
Crime
Is Olcott, NY a safe place to live?
Olcott enjoys a low crime rate, with violent incidents significantly below national averages and a property crime risk of roughly 1 in 96. Residents can feel safe in this peaceful village environment.
Violent Crimes Per 100k:
120
Property Crimes Per 100k:
1,040
Crime Index:
1,160
Chance Of Violent Crime:
1 in 833
Chance Of Property Crime:
1 in 96
Weather
What is the weather like in Olcott, NY year-round?
Olcott experiences all four seasons, with warm summers averaging highs of 78°F and snowy winters with lows around 19°F. The area receives about 35 inches of rainfall annually and enjoys sunshine about half the year, making it ideal for those who appreciate seasonal variety.
Winter
Min:
19°F
Max:
33°F
Spring
Min:
37°F
Max:
62°F
Summer
Min:
58°F
Max:
78°F
Fall
Min:
42°F
Max:
65°F
Average Rainfall Inches:
35.2 inches
Sunny Days Percentage:
51%
Neighbors
Neighborhoods in Olcott feature median household incomes around $56,500 and a poverty rate near 13%, with most residents commuting about 28 minutes to work. The community has high educational attainment, with over 90% holding at least a high school diploma.
Median Income:
$38,000
Household Income:
$56,500
Family Income:
$62,000
Per Capita Income:
$27,500
Income Male:
$40,000
Income Female:
$29,000
Poverty Rate:
13.2%
Non English Speakers:
3.5%
Rent:
$850
Unemployment Rate:
5.7%
Public Transport Usage:
0.5%
Commute Time:
27.5 minutes
Education
High School or Higher:
91.0%
Bachelors or More:
18.5%
Education
How are the schools in Olcott, NY?
Olcott offers access to well-rated public schools with small class sizes, including Newfane Senior High and Middle School. Nearby colleges such as Niagara County Community College and Niagara University provide higher education opportunities within a short drive.
Public Schools
Name:
Newfane Senior High School
Street:
One Panther Drive
Phone:
716-778-6550
Students:
520
Student Teacher Ratio:
13.5
Name:
Newfane Middle School
Street:
2700 Transit Road
Phone:
716-778-6450
Students:
370
Student Teacher Ratio:
12.1
Private Schools
Name:
St. John Lutheran School
Street:
6950 Ward Road, North Tonawanda, NY
Phone:
716-693-9677
Students:
120
Colleges
Name:
Niagara County Community College
City:
Sanborn
State:
NY
Distance:
13 miles
Students:
4,700
Name:
Niagara University
City:
Niagara University
State:
NY
Distance:
21 miles
Students:
3,300
Healthcare
Residents have convenient access to healthcare, including Eastern Niagara Hospital in nearby Lockport. Health insurance coverage is high at over 93%, and the area maintains a good ratio of physicians to population.
Major Hospitals
Name:
Eastern Niagara Hospital
Address:
521 East Ave, Lockport, NY 14094
Phone:
(716) 514-5700
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
93.7%
Health Care Index:
79.2
Housing Market
What is the housing market like in Olcott, NY?
Olcott's housing market is affordable, with a median home price of $165,000 and a high owner-occupancy rate of 74%. Modest appreciation and low foreclosure rates make it an attractive option for buyers and renters alike.
Median Home Price:
$165,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
74.0%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
0.5%
Foreclosure Rate:
0.7%
DMV Information
Local DMV services are provided by the New York State Department of Motor Vehicles at a nearby office in Lockport, offering convenient access for licensing and vehicle needs.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
81 Walnut St, Lockport, NY 14094
Phone:
1-518-486-9786
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.