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CITY · 2020 ACS

Lake Placid

New York · 2,205 residents · 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 $41,406. Population has fallen 16% since 2000, a loss of 433 residents. 51% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $273,500. With a median age of 45.8, the population is older than the US median of 38.8. Households here earn about 42% less than the New York median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 45.8
US median: 38.8
More educated
51% hold a bachelor's degree
US average: 33%
Less affordable
home values up 75%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,205
−16%since 2000
from 2,638 in 2000
1990 – 2025
Population density
1,620 / sq mi
−16%since 2000
from 1,938 / sq mi in 2000
US average: 280
Median age
45.8
+24%since 2000
from 36.8 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K2K3K3K1990201020202024Lake Placid
20242K
1990201020202024
Section 02

Income & economy

Median household income
$41,406
−2%inflation adjusted, since 2000
from $28,239 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,650
+49%since 2000
from $18,507 in 2000
US average: $35,364
Households earning $100K+
27.3%
+11.0 ptssince 2009
from 16.3% in 2009
US average: 43.9%
Poverty rate
20.2%
+7.0 ptssince 2000
from 13.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Information16.7%
US avg: 11.1%
Wholesale trade4.5%
US avg: 6.7%
Other services4.3%
US avg: 6.6%
Public administration4.1%
US avg: 4.7%
Finance & insurance3.6%
US avg: 5.5%
Professional, scientific, technical2.9%
US avg: 4.7%
Transportation & warehousing1.1%
US avg: 2.5%
Education & health services0.7%
US avg: 0.8%
Retail trade0.4%
US avg: 10%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$273,500
+75%inflation adjusted, since 2000
from $103,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,020
+58%inflation adjusted, since 2000
from $429 in 2000
US average: $1,124
Owner-occupied
41.2%
−2.9 ptssince 2000
from 44.1% in 2000
58.8% rent
Afford Score
6.6
+80%since 2000
from 3.7 in 2000
1990 – 2024
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)
2020
White, non-Hispanic92.8%(2,046)
Black0.7%(15)
Hispanic / Latino1.6%(36)
Asian1.5%(32)
Other0.7%(16)
Diversity Score11.2%(246)
Diversity Score
11
+86%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
50.6%
+21.6 ptssince 2000
from 29.0% in 2000
US average: 32.9%
High school or higher
91.3%
+3.1 ptssince 2000
from 88.2% in 2000
US average: 88.5%
Graduate degree
13.9%
+4.0 ptssince 2000
from 9.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
11.3 min
+14%since 2000
from 9.9 min in 2000
US average: 26.9
Drive alone to work
53.6%
−12.6 ptssince 2009
from 66.2% in 2009
US average: 75.1%
No vehicle available
15.7%
+0.9 ptssince 2009
from 14.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−8.1 ptssince 2011
from 8.1% in 2011
US average: 5.4%
Labor force participation
66.9%
−10.0 ptssince 2011
from 76.9% in 2011
US average: 63.4%
Management & professional
30.7%
−31.0 ptssince 2009
from 61.7% in 2009
US average: 39.3%
Section 08

People & community

Male
40.4%
−16.2 ptssince 2009
from 56.6% in 2009
Female
59.6%
+16.2 ptssince 2009
from 43.4% in 2009
Foreign born
23.1%
+14.1 ptssince 2009
from 9.1% in 2009
US average: 13.5%
Uninsured
3.2%
−85.8 ptssince 2013
from 89.0% in 2013
US average: 8.8%
Drill deeper

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Compare Lake Placid to nearby cities

LAKE PLACID VS
Plattsburgh
Income$57,630+39%
Home value$195,900−28%
Population19,744+774%
SEE FULL COMPARISON →
LAKE PLACID VS
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Income$71,109+72%
Home value$444,800+63%
Population44,019+1849%
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LAKE PLACID VS
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Income$106,667+158%
Home value$443,400+62%
Population21,394+847%
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LAKE PLACID VS
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Income$79,522+92%
Home value$381,500+39%
Population8,239+265%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Placid, New York?

Lake Placid, New York has about 2,205 residents according to the 2020 American Community Survey.

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

The typical household in Lake Placid, New York earns about $41,406 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 $273,500, and the typical rent is about $1,020 a month.

How educated are people in Lake Placid, New York?

About 50.6% 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 20.2% 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 205 residents, a change of about -9 percent over that period.

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

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