Olcott, New York.
Typical home $217,544 (+8.2% in a year). Buffalo-Cheektowaga, NY metro.
to buy the typical home at today's mortgage rate — +$633 (+124%) since Jan 2020.
- 1 year
- Up $16,576 +8%
- $200,968$217,544 since Sep 2025
- 5 years
- Up $46,994 +28%
- $170,550$217,544 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.
- Olcott$1,142
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Olcott, NY rose 8.2% over the past year — faster than the nation's +1.2%.
Living in Olcott, Niagara County, New York
Olcott, in Niagara County, had 1,072 people in the 2020 census. Half its households earn more than $87,833 a year and half less, against $69,633 across Niagara County; 8% of its people live below the poverty line. Unemployment in Niagara County was 4.7% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most people in Niagara County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 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 It can be wrong or out of date.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. Olcott is a very small community on the Lake Ontario shore, with Eighteen Mile Creek running in or beside town. Household incomes here run higher than across Niagara County, and fewer people live below the poverty line than in many places. Winters are cold, with January the coldest month, and summers are warm without being hot, with a fair amount of rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and professional and business services also common. Some people work from home, though most travel to a job. Across Niagara County, the largest workplaces include Niagara University, Niagara Falls Memorial Medical Center and General Motors Lockport Components.
Things to do. Eighteen Mile Creek is in or beside town, and Wilson-Tuscarora State Park, a protected area, is a short drive away. A longer drive leads to Niagara Falls, the best known waterfall in the region, and to Fort Niagara, an old fort on the river. The Buffalo AKG Art Museum is also a longer drive away for a day indoors.
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- 8%below the poverty line
- 5%work from home
What people in Niagara County work in
Employed residents by industry, from the Census survey. Niagara County had 68,617 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 18°; warmest in July, with highs near 82° and lows near 61°. About 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lockport 4E weather station, 11 miles away (NOAA).
Largest workplaces in Niagara County
- General Motors Lockport ComponentsRadiators and cores manufacturing1,580
- Niagara Falls City School DistrictSchool district1,223FTE
- Niagara UniversityUniversity or college854
- Niagara Falls Memorial Medical CenteGeneral hospital779FTE
- Mount St. Marys HospitalGeneral hospital680FTE
- Lockport City School DistrictSchool district657FTE
- Niagara-wheatfield Central School DistrictSchool district592FTE
- North Tonawanda City School DistrictSchool district567FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 168 workplaces with 20 or more staff, 15,890 people in all across the county; Olcott has none of its own. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- Ice stormsRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Olcott’s census tracts, against the rest of the country; all of them together, very low. 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 Niagara County and the Buffalo-Cheektowaga, NY metro.
Olcott home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Olcott$217,544
- 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.
Zip codes with a Olcott address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Olcott — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.