Lake Placid

Population: 2,159
Median household income: $49,556
Median home value: $370,700

Lake Placid is a community in Essex County, New York, home to 2,159 residents. At $49,556, its median household income sits below Essex County's $70,215.

From 2019 to 2023, Lake Placid's population declined 8.0% from 2,346 to 2,159, while its median home value rose 34.4% from $275,800 to $370,700.

The median gross rent is $966. 46.5% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 2,159
Median age: 47.9 yrs
Median household income: $49,556
Median home value: $370,700
Median gross rent: $966
Housing units: 2,092
Homeownership rate: 56.9%
Bachelor's degree or higher: 46.5%
Unemployment rate: 0.8%

Trends

ACS 5-year · 2019–2023

Population

2,3462,159

Median household income

$56,167$49,556

Median home value

$275,800$370,700

Median gross rent

$1,031$966

Year	Population	Median household income	Median home value	Median gross rent
2019	2,346	$56,167	$275,800	$1,031
2020	2,229	$41,406	$273,500	$1,020
2021	2,221	$47,050	$319,000	$901
2022	2,280	$53,475	$374,400	$938
2023	2,159	$49,556	$370,700	$966

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.5%

5 to 1711.9%

18 to 245.4%

25 to 3418.3%

35 to 449.3%

45 to 5412.2%

55 to 6418.9%

65 to 7412.6%

75 and over8.9%

	Count	Share
Under 5	55	2.5%
5 to 17	257	11.9%
18 to 24	116	5.4%
25 to 34	396	18.3%
35 to 44	200	9.3%
45 to 54	263	12.2%
55 to 64	408	18.9%
65 to 74	271	12.6%
75 and over	193	8.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,014	93.3%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	10	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	53	2.5%
Two or more races	33	1.5%
Hispanic or Latino (any race)	49	2.3%

Educational attainment (age 25+)

No high school diploma4.7%

High school graduate28.3%

Some college or associate's20.5%

Bachelor's degree27.8%

Graduate or professional degree18.7%

	Count	Share
No high school diploma	82	4.7%
High school graduate	490	28.3%
Some college or associate's	354	20.5%
Bachelor's degree	481	27.8%
Graduate or professional degree	324	18.7%

Commute to work

Mean travel time to work: 16 min

Drove alone51.6%

Carpooled9.1%

Public transit0.0%

Walked19.8%

Bicycle0.0%

Worked from home19.0%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	583	51.6%
Carpooled	103	9.1%
Public transit	0	0.0%
Walked	224	19.8%
Bicycle	0	0.0%
Worked from home	215	19.0%
Other means	4	0.4%

Travel time

	Count	Share
Under 15 min	600	65.6%
15 to 29 min	229	25.1%
30 to 44 min	33	3.6%
45 to 59 min	19	2.1%
60+ min	33	3.6%

Households

Average household size: 1.70
Poverty rate: 9.7% (207 of 2,145)

	Count	Share
Family households	525	41.7%
Nonfamily households	734	58.3%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	1,259	60.2%
Vacant	833	39.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	717	56.9%
Renter-occupied	542	43.1%

1-unit, detached49.6%

1-unit, attached6.8%

2 to 4 units20.3%

5 to 19 units15.4%

20 or more units7.8%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,038	49.6%
1-unit, attached	143	6.8%
2 to 4 units	425	20.3%
5 to 19 units	323	15.4%
20 or more units	163	7.8%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3640761
Type (LSAD): 47
Land area: 1.36 sq mi
Water area: 0.17 sq mi
Center point: 44.2842, -73.9864