Median Income
$45,476
39% lower than US avg
Home Value
$253,200
10% lower than US avg
Violent Crime
564/100K
49% higher than US avg
Bachelor's+
23.6%
30% lower than US avg
Median Rent
$975
16% lower than US avg
Obesity Rate
41.9%
31% higher than US avg
Unemployment
3.4%
6% lower than US avg
Poverty Rate
28.7%
131% higher than US avg
How Lake Placid Compares to the U.S. Average (100% = U.S. avg)
People
Population2,438
Median Age41.1 yrs
Density520/mi²
Male / Female47% / 53%
Largest GroupWhite 56%
Economy
C+
Median Income$45,476
Per Capita$24,567
Unemployment3.4%
Poverty28.7%
County GDP$3,825M
Commute32 min
Housing
B+
Home Value$253,200
Rent$975
OwnershipN/A
Zillow$235,709
Crime
F
Violent564/100K
Property3,434/100K
Murder47.0/100K
Assault141/100K
Burglary753/100K
Health
Obesity41.9%
UninsuredN/A
Depression19.3%
Heart Disease7.6%
Climate
Avg Temp73°F
AQI41 (Good)
Rain54.2 in/yr
Elevation104 ft
Education
C+
Bachelor's+23.6%
High School+76.5%
School Score5.60
Community
2024 VoteR 70% / D 29%
Commute32 min
EV Stations1
Libraries3
Is Lake Placid a Good Place to Live?
Based on current data, Lake Placid receives an overall livability score of 2.5 out of 5.0, earning a grade of C+. Key strengths include low unemployment. Areas to be aware of include elevated crime rates, an elevated poverty rate, below-average incomes. Lake Placid has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Lake Placid is $45,476, 39% below the national average of $75,149. Unemployment stands at 3.4%, indicating a healthy job market. The poverty rate of 28.7% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 32 minutes.
Cost of Living & Housing
The median home value in Lake Placid is $253,200, 10% below the national median — offering relatively affordable homeownership. Renters pay a median of $975 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.6x means housing costs are stretched relative to local earnings.
Safety & Crime
The violent crime rate of 564 per 100,000 is above the national average of 380 — something for prospective residents to consider. Property crime occurs at a rate of 3,434 per 100,000, 75% above the national average.
Education
23.6% of residents hold a bachelor's degree, below the national average of 33.7%. 76.5% have completed high school. Area schools have an average test score of 5.6/10.
Climate & Weather
Lake Placid has a warm climate with an average annual temperature of 73°F. Winters average 61°F in January while summers reach 82°F in July. Annual precipitation totals 54.2 inches. Air quality is rated Good with a median AQI of 41.
Lake Placid has a population of 2,438 with a density of 520 people per square mile. The median age is 41.1 years, 6% older than the national median of 38.9. The city is predominantly White (56.2%), with 6.4% Hispanic, 12% Black.
Population
41.1yrs
Median Age
6% above US avg
Race & Ethnicity
Lake Placid vs U.S. Average
Language Spoken at Home
| English Only | 56.8% |
| 28% below US avg |
| Spanish | 43.2% |
| 222% above US avg |
Social Characteristics
Lake Placid vs U.S. Average
The median household income in Lake Placid is $45,476, which is 39% below the national average of $75,149. The unemployment rate is 3.4% (below the 3.6% US average). 28.7% of residents live below the poverty line. Workers commute an average of 32 minutes.
Income: Lake Placid vs U.S.
Income
| Median HH Income | $45,476 |
| 39% below US avg |
| Per Capita Income | $24,567 |
| Avg Weekly Wage | $922 |
| IRS Avg AGI | $58,507 |
Employment & Poverty
| Unemployment | 3.4% |
| 6% below US avg |
| Poverty Rate | 28.7% |
| 131% above US avg |
| Establishments (County) | 2,672 |
| County GDP | $3,825M |
Business (County)
| Restaurants | 157 |
| Healthcare | 330 |
| Retail | 338 |
| Manufacturing | 50 |
Tax & Cost of Living
| Property Tax (IRS) | $4,381 |
| 25% above US avg |
| Effective Tax Rate | 1.73% |
Commute & Transportation
| Commute Time | 31.6 min |
| Work from Home | 11.2% |
The median home value in Lake Placid is $253,200, 10% below the national average. Monthly rent averages $975 (16% below US avg). Zillow estimates the typical home value at $235,709.
Home Values
| Census Median | $253,200 |
| 10% below US avg |
| Zillow ZHVI | $235,709 |
| Median List Price | $172,500 |
Real Estate Market (Redfin)
| Median List Price | $172,500 |
| $/Sq Ft | $237 |
| Homes Sold | 3 |
| Sale-to-List Ratio | 92.0% |
| Price Drops | 23.1% |
| Inventory | 13 |
Rental Costs
| Census Median Rent | $975 |
| 16% below US avg |
| Zillow Rent (ZORI) | $1,449 |
HUD Fair Market Rent
| Studio | $1,212 |
| 1 Bedroom | $1,296 |
| 2 Bedrooms | $1,526 |
| 3 Bedrooms | $1,971 |
| 4 Bedrooms | $2,261 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $4,381 |
| 25% above US avg |
| Effective Rate | 1.73% |
In Lake Placid, 41.9% of adults are obese (above the 32.1% national rate). 19.3% report depression. 36.4% are physically inactive.
Health Metrics: Lake Placid vs U.S. Average (%)
Chronic Conditions
| Obesity | 41.9% |
| 31% above US avg |
| Diabetes | 15.7% |
| Heart Disease | 7.6% |
| High Blood Pressure | 36.2% |
| Asthma | 10.0% |
| COPD | 8.9% |
| Stroke | 4.0% |
Behaviors & Mental Health
| |
| Binge Drinking | 14.6% |
| Physical Inactivity | 36.4% |
| Depression | 19.3% |
| Mental Distress | 20.1% |
| Physical Distress | 17.8% |
Healthcare Access
| Insurance Rate | 70.0% |
| |
| Checkup Rate | 74.9% |
| Premature Death | 12,966/100K |
Food & Exercise
| Food Environment | 6.2/10 |
| Exercise Access | 70.3% |
| Healthcare Facilities | 330 |
Lake Placid has a violent crime rate of 564 per 100,000 residents, 49% above the national average of 380. Property crime stands at 3,434 per 100,000 (75% above US avg). The murder rate is 47.0 per 100,000.
Crime Rates: Lake Placid vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 564.4/100K |
| 49% above US avg |
| Murder | 47.0/100K |
| 647% above US avg |
| Rape | 94.1/100K |
| Robbery | 282.2/100K |
| Assault | 141.1/100K |
Property Crime
| Total Property | 3,433.7/100K |
| 75% above US avg |
| Burglary | 752.6/100K |
| Theft | 2,681.1/100K |
| Vehicle Theft | 0.0/100K |
| Arson | 0.0/100K |
Traffic Safety
| Fatal Crashes (County/yr) | 30 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Lake Placid has an average annual temperature of 73°F (23°C). Winters average 61°F in January while summers reach 82°F in July. Annual precipitation is 54.2 inches. Air quality is rated Good with a median AQI of 41.
Temperature
61°F Jan (16°C)
82°F Jul (28°C)
| Annual Average | 72.9°F |
| 35% above US avg |
| January Average | 61°F (16°C) |
| July Average | 82°F (28°C) |
Precipitation & Snow
| Annual Rainfall | 54.2 inches |
| 43% above US avg |
| Snowfall | 0.0 inches/yr |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 104 ft (32 m) |
| Area | 4.7 sq mi (12.1 km²) |
| Population Density | 520/sq mi |
| Coordinates | 27.3026°N, 81.3715°W |
| County FIPS | 12055 |