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CITY

Lake Placid

New York · 2,258 residents (2025 est.) · 1.361 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 $41,612. Population has declined 13% since 2000. Median home value has more than tripled since 2000, reaching $400,000. Households here earn about 52% less than the New York median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.0
US median: 38.9
More educated
43% hold a bachelor's degree
US average: 36%
Less affordable
home values up 112%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,306
−13%since 2000
from 2,638 in 2000
1990 – 2025
Population density
1,694 / sq mi
−13%since 2000
from 1,938 / sq mi in 2000
US average: 281
Median age
42.0
+14%since 2000
from 36.8 in 2000
US average: 38.9

PEP 2025 EST:2,258 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K2K3K3K1990201020202024Lake Placid
20242K
1990201020202024
Section 02

Income & economy

Median household income
$41,612
−19%inflation adjusted, since 2000
from $28,239 in 2000
US average: $82,259
1990 – 2024
Per capita income
$46,841
+153%since 2000
from $18,507 in 2000
US average: $44,673
Households earning $100K+
37.8%
+21.5 ptssince 2009
from 16.3% in 2009
US average: 53.3%
Poverty rate
9.0%
−4.2 ptssince 2000
from 13.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.503
+31%since 2010
from 0.383 in 2010
US average: 0.476
Workforce by industry, 2024
Other services13.6%
US avg: 6.7%
Public administration10.6%
US avg: 4.8%
Information7.6%
US avg: 10.8%
Wholesale trade5.9%
US avg: 6.9%
Retail trade4.4%
US avg: 9.9%
Finance & insurance3.2%
US avg: 5.9%
Professional, scientific, technical2.6%
US avg: 5.1%
Education & health services0.6%
US avg: 0.9%
Arts, entertainment, food0.5%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$400,000
+112%inflation adjusted, since 2000
from $103,800 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,102
+41%inflation adjusted, since 2000
from $429 in 2000
US average: $1,442
Owner-occupied
46.2%
+2.1 ptssince 2000
from 44.1% in 2000
53.8% rent
Vacancy rate
31.1%
−6.9 ptssince 2009
from 38.0% in 2009
US average: 10.0%
Owner cost-burdened
28.6%
+4.7 ptssince 2009
from 23.9% in 2009
US average: 22.9%
Renter cost-burdened
54.6%
+22.1 ptssince 2009
from 32.5% in 2009
US average: 47.4%
Afford Score
9.6
+162%since 2000
from 3.7 in 2000
1990 – 2024
Gentrification Score
48
RELATED:See current rent listings in Lake Placid on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.2%(2,511)
Black0.6%(16)
Hispanic / Latino0.9%(24)
Asian0.9%(23)
Other0%
Diversity Score6%(159)
2024
White, non-Hispanic95.3%(2,197)
Black0%(0)
Hispanic / Latino0.2%(4)
Asian0.7%(16)
Other3.9%(89)
Diversity Score11.3%(262)
Diversity Score
11
+89%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
42.8%
+13.8 ptssince 2000
from 29.0% in 2000
US average: 35.6%
High school or higher
95.7%
+7.5 ptssince 2000
from 88.2% in 2000
US average: 89.6%
Graduate degree
16.2%
+6.3 ptssince 2000
from 9.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.7 min
+79%since 2000
from 9.9 min in 2000
US average: 26.5
Drive alone to work
50.6%
−15.6 ptssince 2009
from 66.2% in 2009
US average: 68.9%
Carpooled to work
10.4%
+9.0 ptssince 2009
from 1.4% in 2009
US average: 8.5%
Public transit
5.1%
+5.1 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
21.3%
+15.9 ptssince 2009
from 5.4% in 2009
US average: 15.0%
Walked to work
11.5%
−14.8 ptssince 2009
from 26.4% in 2009
US average: 2.4%
Biked to work
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 0.4%
No vehicle available
19.3%
+4.5 ptssince 2009
from 14.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.1%
−7.0 ptssince 2011
from 8.1% in 2011
US average: 5.2%
Labor force participation
70.7%
−6.3 ptssince 2011
from 76.9% in 2011
US average: 63.5%
Self-employed
18.3%
+1.3 ptssince 2009
from 17.0% in 2009
US average: 13.1%
Management & professional
51.9%
−9.8 ptssince 2009
from 61.7% in 2009
US average: 42.5%
Section 08

People & community

Male
47.7%
−8.9 ptssince 2009
from 56.6% in 2009
Female
52.3%
+8.9 ptssince 2009
from 43.4% in 2009
Foreign born
10.2%
+1.1 ptssince 2009
from 9.1% in 2009
US average: 14.1%
Veterans
6.1%
−48.0 ptssince 2009
from 54.1% in 2009
US average: 6.2%
With a disability
14.6%
+5.1 ptssince 2012
from 9.5% in 2012
US average: 13.3%
Uninsured
6.7%
−82.3 ptssince 2013
from 89.0% in 2013
US average: 8.4%
Broadband at home
92.9%
+25.3 ptssince 2017
from 67.6% in 2017
US average: 91.0%
English only at home
87.2%
+1.3 ptssince 2016
from 85.9% in 2016
US average: 77.7%
Spanish at home
1.3%
−10.1 ptssince 2016
from 11.3% in 2016
US average: 13.6%
Drill deeper

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LAKE PLACID VS
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LAKE PLACID VS
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LAKE PLACID VS
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Frequently asked

How many people live in Lake Placid, New York?

Lake Placid, New York has about 2,306 residents according to the 2024 American Community Survey.

What is the median household income in Lake Placid, New York?

The typical household in Lake Placid, New York earns about $41,612 a year. Half of households make more than that, and half make less.

Is Lake Placid, New York expensive?

In Lake Placid, New York, the median home is worth about $400,000, and the typical rent is about $1,102 a month.

How educated are people in Lake Placid, New York?

About 42.8% of adults age 25 and over in Lake Placid, New York hold a bachelor's degree or higher.

What is the poverty rate in Lake Placid, New York?

About 9.0% of people in Lake Placid, New York live below the federal poverty line.

Has Lake Placid, New York grown since 1990?

Yes, Lake Placid, New York has shrunk since 1990. The population has lost about 104 residents, a change of about -4 percent over that period.

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

How we source and harmonize this data →