Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs |
|---|---|
| Avg HH Size | 1.96 |
| Below Poverty | 11.2% ▲ 12% above avg |
| College Grads | 57.9% ▲ 49% above avg |
| Unemployment | 1.0% ▼ 80% below avg |
| No HS Diploma | 3 (0.1%) |
| HS Graduate | 784 (23.3%) |
| Some College | 303 (9%) |
| Associates | 326 (9.7%) |
| Bachelors | 370 (11%) |
| Graduate Degree | 1,575 (46.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,261 ≈ Avg |
|---|---|
| Median Home Value | $443,800 ▲ 59% above avg |
| Home/Income Ratio | 5.7x (nat avg ~3.5x) |
| Median Rent | $982/mo |
| Total Housing Units | 3,923 |
| Vacant Units | 1,577 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Placid is a city in New York, located in Essex County. The city spans 1 ZIP code and is home to approximately 4,805 residents. It is a mature city, with a median age of 46.5 years.
Economically, Lake Placid is a middle-income community. The median household income of $78,261 is near the national average. Approximately 11.2% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.
The real estate market in Lake Placid is a premium housing market. Median home values stand at $443,800, which is significantly above the national average. Renters typically pay around $982 per month. Homeownership is high at 72.0%, typical of suburban and family-oriented communities.
The population of Lake Placid is well-educated. 57.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.26%).
Lake Placid, NY offers residents above-average earning potential within New York.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 12946 | 4,805 | $78,261 | $443,800 | $982 | 1.0% | 57.9% | 72.0% |