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CITY

Lake Placid

Florida · 2,599 residents (2025 est.) · 4.687 sq mi
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The short version

Lake Placid has notably lower household income than the US average, with a median household income of $47,018. Population has grown 49% since 2000. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $261,300. The poverty rate of 23.8% is well above the national figure. Households here earn about 37% less than the Florida median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 39.5
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Less affordable
home values up 130%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,477
+49%since 2000
from 1,668 in 2000
1990 – 2025
Population density
528 / sq mi
+49%since 2000
from 356 / sq mi in 2000
US average: 281
Median age
39.5
+17%since 2000
from 33.9 in 2000
US average: 38.9

PEP 2025 EST:2,599 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K2K2K3K1990201020202024Lake Placid
20242K
1990201020202024
Section 02

Income & economy

Median household income
$47,018
+22%inflation adjusted, since 2000
from $21,178 in 2000
US average: $82,259
1990 – 2024
Per capita income
$25,012
+111%since 2000
from $11,855 in 2000
US average: $44,673
Households earning $100K+
26.4%
+10.2 ptssince 2009
from 16.2% in 2009
US average: 53.3%
Poverty rate
23.8%
−10.9 ptssince 2000
from 34.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.433
−22%since 2010
from 0.558 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade18%
US avg: 6.9%
Agriculture, forestry, fishing13.7%
US avg: 1.6%
Construction13.7%
US avg: 1.2%
Other services10.4%
US avg: 6.7%
Public administration8.4%
US avg: 4.8%
Information3.9%
US avg: 10.8%
Arts, entertainment, food3.9%
US avg: 1.9%
Finance & insurance1.6%
US avg: 5.9%
Retail trade1.1%
US avg: 9.9%
Education & health services0.9%
US avg: 0.9%
Professional, scientific, technical0.7%
US avg: 5.1%
Transportation & warehousing0.6%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$261,300
+130%inflation adjusted, since 2000
from $62,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,046
+46%inflation adjusted, since 2000
from $393 in 2000
US average: $1,442
Owner-occupied
57.3%
+8.2 ptssince 2000
from 49.1% in 2000
42.7% rent
Vacancy rate
13.3%
−5.2 ptssince 2009
from 18.5% in 2009
US average: 10.0%
Owner cost-burdened
13.1%
−12.5 ptssince 2009
from 25.6% in 2009
US average: 22.9%
Renter cost-burdened
60.3%
−0.3 ptssince 2009
from 60.6% in 2009
US average: 47.4%
Afford Score
5.6
+88%since 2000
from 3.0 in 2000
1990 – 2024
Gentrification Score
42
RELATED:See current rent listings in Lake Placid on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic57.9%(966)
Black8.8%(147)
Hispanic / Latino30.5%(508)
Asian0.7%(11)
Other0%
Diversity Score68.1%(1,135)
2024
White, non-Hispanic38.6%(955)
Black9.9%(244)
Hispanic / Latino49.2%(1,219)
Asian0.3%(7)
Other2.1%(52)
Diversity Score74.9%(1,855)
Diversity Score
75
+10%since 2000
from 68 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.5%
+14.5 ptssince 2000
from 7.0% in 2000
US average: 35.6%
High school or higher
76.3%
+20.0 ptssince 2000
from 56.3% in 2000
US average: 89.6%
Graduate degree
7.6%
+5.3 ptssince 2000
from 2.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.3 min
+113%since 2000
from 12.8 min in 2000
US average: 26.5
Drive alone to work
67.0%
+10.7 ptssince 2009
from 56.3% in 2009
US average: 68.9%
Carpooled to work
18.5%
−9.7 ptssince 2009
from 28.2% in 2009
US average: 8.5%
Public transit
0.0%
−4.4 ptssince 2009
from 4.4% in 2009
US average: 3.2%
Worked from home
8.8%
+6.8 ptssince 2009
from 2.0% in 2009
US average: 15.0%
Walked to work
3.9%
+2.9 ptssince 2009
from 1.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
9.7%
−8.5 ptssince 2009
from 18.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.1%
−3.4 ptssince 2011
from 11.5% in 2011
US average: 5.2%
Labor force participation
52.2%
−9.7 ptssince 2011
from 61.9% in 2011
US average: 63.5%
Self-employed
12.5%
+7.8 ptssince 2009
from 4.7% in 2009
US average: 13.1%
Management & professional
16.4%
−25.8 ptssince 2009
from 42.2% in 2009
US average: 42.5%
Section 08

People & community

Male
50.5%
−4.2 ptssince 2009
from 54.7% in 2009
Female
49.5%
+4.2 ptssince 2009
from 45.3% in 2009
Foreign born
32.7%
+2.9 ptssince 2009
from 29.8% in 2009
US average: 14.1%
Veterans
7.7%
−49.5 ptssince 2009
from 57.2% in 2009
US average: 6.2%
With a disability
12.3%
+1.8 ptssince 2012
from 10.5% in 2012
US average: 13.3%
Uninsured
41.9%
−21.9 ptssince 2013
from 63.8% in 2013
US average: 8.4%
Broadband at home
85.0%
+31.7 ptssince 2017
from 53.3% in 2017
US average: 91.0%
English only at home
51.7%
−3.8 ptssince 2016
from 55.5% in 2016
US average: 77.7%
Spanish at home
45.4%
+1.0 ptssince 2016
from 44.4% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Lake Placid to nearby cities

LAKE PLACID VS
Sebring
Income$44,184−6%
Home value$191,600−27%
Population12,059+364%
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LAKE PLACID VS
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Income$36,485−22%
Home value$144,700−45%
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LAKE PLACID VS
Arcadia
Income$39,677−16%
Home value$177,700−32%
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LAKE PLACID VS
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Income$56,347+20%
Home value$239,300−8%
Population18,650+618%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Placid, Florida?

Lake Placid, Florida has about 2,477 residents according to the 2024 American Community Survey.

What is the median household income in Lake Placid, Florida?

The typical household in Lake Placid, Florida earns about $47,018 a year. Half of households make more than that, and half make less.

Is Lake Placid, Florida expensive?

In Lake Placid, Florida, the median home is worth about $261,300, and the typical rent is about $1,046 a month.

How educated are people in Lake Placid, Florida?

About 21.5% of adults age 25 and over in Lake Placid, Florida hold a bachelor's degree or higher.

What is the poverty rate in Lake Placid, Florida?

About 23.8% of people in Lake Placid, Florida live below the federal poverty line.

Has Lake Placid, Florida grown since 1990?

Yes, Lake Placid, Florida has grown since 1990. The population has added about 1,295 residents, a change of about 110 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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