Gowanda, New York.
Typical home $165,145 (+7.4% in a year). Olean, NY metro.
to buy the typical home at today's mortgage rate — +$525 (+154%) since Jan 2020.
- 1 year
- Up $11,434 +7%
- $153,711$165,145 since Sep 2025
- 5 years
- Up $46,392 +39%
- $118,753$165,145 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Gowanda$867
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Gowanda, NY rose 7.4% over the past year — faster than the nation's +1.2%.
Living in Gowanda, Cattaraugus County, New York
Gowanda is a village of 2,513 people in Cattaraugus County. Half its households earn more than $51,828 a year and half less, against $59,540 across Cattaraugus County; 17% of its people live below the poverty line. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Cattaraugus County was 4.4% in August 2026, and the county had 1.6% more jobs in 2025 than the year before. The most people in Cattaraugus County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Gowanda is a small village in Cattaraugus County, and most homes there are lived in by their owners. Typical home values are modest, and household incomes run below the county's, with more people living below the poverty line than most would expect to find in a place this size. Winters are cold and exceptionally snowy, and summers are warm.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops, and restaurants, hotels and entertainment also employing many. Across Cattaraugus County, the largest workplaces include Upper Allegheny Health System, Cutco and St Bonaventure University. Few residents work from home, and the typical commute is a moderate one.
Things to do. Deer Lick Nature Sanctuary, a protected area, is a short drive away. A longer drive brings you to Chestnut Ridge Park, another protected area, and to the Niagara River, the best known of the region's rivers. Cattaraugus Creek, also a longer drive away, offers more water to explore.
Report a mistake
- 1,034households
- 11%of adults have a degree
- 17%below the poverty line
- 21 mintypical commute
- 3%work from home
What people in Cattaraugus County work in
Employed residents by industry, from the Census survey. Cattaraugus County had 28,122 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 16°; warmest in July, with highs near 79° and lows near 59°. About 208 inches of snow and 54 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Perrysburg weather station, 4 miles away (NOAA).
Largest workplaces in Cattaraugus County
- Upper Allegheny Health SystemGeneral hospital900FTE
- CutcoCutlery, nonprecious and precious plated metal, manufacturing653
- St Bonaventure UniversityUniversity or college606
- Great Lakes Cheese - FranklinvilleCheese, imitation or substitute, manufacturing513
- Yorkshire-pioneer Central School DistrictSchool district508FTE
- Salamanca City School DistrictSchool district411FTE
- WalmartWarehouse clubs and supercenters411
- Olean City School DistrictSchool district407FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 54 workplaces with 20 or more staff, 5,325 people in all across the county; Gowanda has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- LightningRelatively high
- Winter weatherRelatively moderate
- Cold wavesRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Gowanda’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cattaraugus County and the Olean, NY metro.
Gowanda home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Gowanda$165,145
- New York$524,942
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Gowanda7
Zip codes with a Gowanda address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Gowanda — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.