City

Saranac Lake, NY

1 ZIP code  ·  Franklin County  ·  New York

👥7,410Population
💰$64,604Median HH Income▼ 15% below avg
🎂44.7Median Age
🏠$207,800Median Home Value▼ 25% below avg
🎓59.6%College Grads▲ 54% above avg
📊2.8%Unemployment▼ 44% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.2% Female 46.8% ♀

Race & Ethnicity

White: 92.5%Hispanic: 2.5%Black: 2%Asian: 0.4%Other: 2%Race
White92.5%
Hispanic2.5%
Black2.0%
Asian0.4%
Other2.0%

Age Breakdown

Under 5
4%
5–17
12%
18–24
10%
25–44
25%
45–64
26%
65+
13%

Key Indicators

Median Age44.7 yrs
Avg HH Size2.02
Below Poverty14.0% ▲ 40% above avg
College Grads59.6% ▲ 54% above avg
Unemployment2.8% ▼ 44% below avg
No HS Diploma57 (1.1%)
HS Graduate784 (15.4%)
Some College490 (9.6%)
Associates726 (14.2%)
Bachelors809 (15.9%)
Graduate Degree2,231 (43.8%)

Education

No HS: 1.1%HS Grad: 15.4%Some College: 9.6%Associates: 14.2%Bachelors: 15.9%Graduate: 43.8%Edu
No HS1.1%
HS Grad15.4%
Some College9.6%
Associates14.2%
Bachelors15.9%
Graduate43.8%
Housing & Income

Housing Tenure

Owner: 57%Renter: 43%Tenure
Owner57.0%
Renter43.0%

Home Value Distribution

Under $50k
3%
$50k–$100k
12%
$100k–$150k
13%
$150k–$200k
20%
$200k–$300k
24%
$300k–$500k
19%
Over $500k
9%

Financials

Median HH Income$64,604 ▼ 15% below avg
Median Home Value$207,800 ▼ 25% below avg
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$845/mo
Total Housing Units4,664
Vacant Units1,144

Income Distribution

Under $25k
19%
$25k–$50k
15%
$50k–$75k
20%
$75k–$100k
12%
$100k–$150k
16%
$150k–$200k
9%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
81%
Public Transit
1%
Walked
10%
Work From Home
8%

Commute Time

Under 15 min
57%
15–30 min
28%
30–45 min
9%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
5%
1960s–1970s
11%
1980s–1990s
9%
2000+
71%
About Saranac Lake, NY

Saranac Lake is a city in New York, located in Franklin County. The city spans 1 ZIP code and is home to approximately 7,410 residents. It is a middle-aged city, with a median age of 44.7 years.

Economically, Saranac Lake is a solidly middle-class community. The median household income of $64,604 is below the national average. Approximately 14.0% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.

The real estate market in Saranac Lake is an affordable housing market. Median home values stand at $207,800, which is below the national average. Renters typically pay around $845 per month.

The population of Saranac Lake is well-educated. 59.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (92.46%).

Saranac Lake, NY offers residents a cost-conscious lifestyle within New York.

ZIP Codes in Saranac Lake
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
12983 7,410 $64,604 $207,800 $845 2.8% 59.6% 57.0%