Great Valley, New York.
. Olean, NY metro.
to buy the typical home at today's mortgage rate — +$1,478 (+116%) since Jan 2020.
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.
- New York$2,755
- United States$1,922
Living in Great Valley, Cattaraugus County, New York
Great Valley is a town of 1,991 people in Cattaraugus County. Half its households earn more than $68,272 a year and half less, against $59,540 across Cattaraugus County; 7% of its people live below the poverty line. 98% of its homes are lived in by their owners and 2% 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 residents work in schools and health care, then construction.
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 It can be wrong or out of date.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. Great Valley is a small town in Cattaraugus County, in western New York, and nearly everyone who lives here owns their home. Household incomes run above the county's, and fewer residents live below the poverty line than you might expect for a rural area. Winters are cold and very snowy, summers are comfortably warm, and precipitation is steady through the year.
Work. Residents work mostly in schools, hospitals and social care, with the building trades, manufacturing and shops also employing many. Across Cattaraugus County, some of the largest workplaces are Upper Allegheny Health System, Cutco and St Bonaventure University. Few people work from home, and the typical commute is short.
Things to do. Allegany State Park, a large protected area, is a short drive away, as is Red House Lake. Holiday Valley, a ski area, is also a short drive away, which suits the snowy winters. Griffis Sculpture Park, a museum of outdoor art, is a longer drive.
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- 755households
- 17%of adults have a degree
- 7%below the poverty line
- 17 mintypical commute
- 4%work from home
What residents 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 32° and lows near 13°; warmest in July, with highs near 82° and lows near 54°. About 96 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Salamanca weather station, 6 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; Great Valley has one 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
- LightningRelatively high
- Inland floodingRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Cattaraugus County, 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.
Great Valley home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Great Valley13
Zip codes with a Great Valley address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Great Valley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.