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Olcott, NY Real Estate


According to census data in the year 2000 there were 561 housing units in Olcott. This represents a 17.9% decline from 683 in 1990.

Of those housing units, 324 were located in either urbanized areas or urban clusters, and 237 were located in what is classified as a rural area.

Homeownership rate in Olcott is about 78.8%. Olcott's vacancy rate, including seasonal lodging, is about 14.3%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Olcott were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom4.60%
Two Bedrooms31.20%
Three Bedrooms39.20%
Four Bedrooms21.40%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1953
Median Value of occupied units$76,900
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan12.30%
Simple Mortgage51.50%
Debt Free30.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%