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Cattaraugus County, NY

RANK #308 / 996  ·  POP 77,000  ·  NY

PROJECTED GROWTH: +1.5%

Cattaraugus County combines solid growth with real affordability — a rare combination.

[01] Why Cattaraugus County?

Allegany State Park, the largest state park in New York, anchors Cattaraugus County, offering 65,000 acres of forests, lakes, and trails for year-round recreation. Located in Western New York, bordering Pennsylvania, the county is known as the "Enchanted Mountains" due to its rugged, un-glaciated landscape of rolling hills and valleys. Major roadways like Interstate 86 and U.S. Route 219 provide access, and while public transportation exists within Olean and to Ellicottville, many residents rely on driving. The community feel is generally described as small and personable.

Life in Cattaraugus County offers a lower cost of living compared to many parts of New York. Public schools in the county are rated above average, with several districts serving the area. The economy is seeing efforts to foster entrepreneurship and attract private sector investment. Recent economic development strategies focus on aligning existing resources across entrepreneurship, workforce, and traditional economic development functions, supported by regional investments. The county also benefits from ongoing investment in energy sectors, including natural gas extraction.

[02] Market Snapshot

Housing Ratio
2.7x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
+2.2%

Outpacing national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 2.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Cattaraugus County U.S. National

The Numbers

DEMOGRAPHICS
Population
77,000
-0.27% YoY
Median Household Income
$56,889
Median Home Value
$105,100
+2.19% 12mo
Median Rent
$745
Average Annual Pay
$54,047
+2.8% YoY
Employment
27,671
+0.2% YoY
Income-to-Home-Value
0.5413
More affordable than average
Migration Inflow
2.45%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$208,750
Days on Market
99
Slower market
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
92.6%
Negotiation room for buyers
Sold Above List
14.6%
Listings w/ Price Drops
25.8%
Building Permits (2024)
100
Single-Family Permits
96

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$714M
TOTAL
PROJECT AMOUNT STATUS
Alle-Catt Wind Energy Center
Invenergy LLC
$619M Under Construction
Hemlock Hollow Wind Project
Liberty Renewables
$95M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.4% 44 percentile
Population Growth -0.3% 17 percentile
Income Growth +6.3% 10 percentile
Vacancy Rate 1.1% 51 percentile
Home Price Change +2.2% 62 percentile
Price/Rent 12x 70 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Cattaraugus County, NY a good place to move to?

Cattaraugus County has a Boom Town Index score of 69/100, ranking #308 among 996 U.S. counties. With job growth at +0.2% and a median household income of $56,889, it's an above-average county on economic indicators.

Is Cattaraugus County affordable?

The median home value in Cattaraugus County is $105,100 with median rent at $745/month. The income-to-home-value ratio is 0.5413, which is more affordable than the national average.

Is Cattaraugus County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +0.2%. Home values changed +2.2% in the past 12 months.

Are people moving to Cattaraugus County?

Yes — 2.45% of Cattaraugus County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Calhoun County, MI 79 Columbia County, NY 79 Jefferson County, NY 79 Racine County, WI 79 Lawrence County, OH 79 Adams County, PA 79 Rockland County, NY 79 Leavenworth County, KS 79