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 Type | 0.90% |
| One Bedroom | 4.60% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 21.40% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $76,900 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1955 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 51.50% |
| Debt Free | 30.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
