A+

Olcott, NY

Source:

Affordability Score: 90/100

Population: 588 · 1 ZIP codes

The affordability dashboard for Olcott, NY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 588 residents, then layers in county-level federal data to produce an overall grade of A+ (90/100). The headline inputs are median household income of $167,723, median home value of $430,000, median rent of per month, and 56.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,343 per month (studio $1,105, 1BR $1,139, 3BR $1,640, 4BR $1,869). Department of Labor data lists infant center-based childcare at $12,844 per year, consuming 8% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Olcott, NY include income, education, housing, rent, childcare. Unemployment currently reads 0.0% and poverty 0.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$167,723
Median household income
Education A
56.9%
Bachelor's degree or higher
Housing B+
2.6x
Home value $430,000 vs income
Commute N/A
N/A
Average commute time
Rent A+
$1,343/mo
2BR fair market rent (10% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare A-
$12,844/yr
Center-based infant care (8% of income)

Income & Employment

Median Income
$167,723
▲ 171% vs national
Per Capita Income
$170,193
Unemployment Rate
0.0%
Poverty Rate
0.0%

Housing

Median Home Value
$430,000
▲ 56% vs national
Median Rent
Owner Occupied
85.1%
2BR Fair Market Rent
$1,343/mo
▲ 12% vs national

Fair Market Rents by Bedroom

Studio
$1,105
1BR
$1,139
2BR
$1,343
3BR
$1,640
4BR
$1,869

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
56.9%
▲ 27 ppt vs national
High School+
87.2%
Median Age
55.8
Avg. Commute

Childcare Costs

Infant (Center)
$12,844/yr
8% of income
Toddler (Center)
$11,960/yr
Preschool (Center)
$10,400/yr
School-Age (Center)
$10,088/yr

What This Means

Olcott, NY receives an overall affordability grade of A+ (90/100), aggregated from 1 ZIP codes with a total population of 588. This area performs well in income and education and housing and rent and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Olcott, NY affordable?
Olcott, NY receives an overall affordability grade of A+ (90/100) based on Census, HUD, FBI, and DOL data. Median household income is $167,723. Median home value is $430,000.
What is the cost of living in Olcott?
Key cost metrics: 2BR fair market rent $1,343/mo. Infant childcare $12,844/yr. Median home value $430,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →