Olyphant is a somewhat small borough located in the state of Pennsylvania. With a population of 5,377 people and two associated neighborhoods, Olyphant is the 275th largest community in Pennsylvania. Much of the housing stock in Olyphant was built prior to World War II, making it one of the older and more historic boroughs in the country.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.56% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Being a small borough, Olyphant does not have a public transit system used by locals to get to and from work.

The population of Olyphant overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Olyphant, 22.24% have at least a bachelor's degree.

The per capita income in Olyphant in 2022 was $30,528, which is lower middle income relative to Pennsylvania, and middle income relative to the rest of the US. This equates to an annual income of $122,112 for a family of four. However, Olyphant contains both very wealthy and poor people as well.

Olyphant is a somewhat ethnically-diverse borough. The people who call Olyphant home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Olyphant residents report their race to be White, followed by Asian. Olyphant also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.53% of the borough’s residents. Important ancestries of people in Olyphant include Irish, Polish, Italian, Russian, and German.

The most common language spoken in Olyphant is English. Other important languages spoken here include Italian and Spanish.