Lake Placid, FL
Full City Profile · Florida · Highlands County County
Lake Placid, FL
At a Glance
How Lake Placid Compares to the U.S. Average
Each bar shows Lake Placid's value as a percentage of the national average (100% = U.S. avg)
Is Lake Placid a Good Place to Live?
Economy & Jobs
Lake Placid residents earn a median household income of $45,476 , which is 39% below the national average of $75,149. Per capita income is $24,567. The unemployment rate stands at 7.3% (103% above the U.S. rate of 3.6%). 28.7% of residents live below the poverty line. The area is home to 2,672 business establishments, including 157 restaurants.
Housing & Cost of Living
The median home value in Lake Placid is $253,200 , 10% below the national median of $281,900. Zillow estimates the typical home at $238,604. Median rent is $975/month, with 40.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1984.
Safety & Crime
Lake Placid reports 156 violent crimes per 100,000 residents , which is 59% below the national average of 380/100K. Property crime is 469/100K.
Education
23.6% of adults in Lake Placid hold a bachelor's degree or higher (30% below the national average). 76.5% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Lake Placid has an average annual temperature of 73°F (23°C). Winters average 62°F in January while summers reach 81°F in July. Annual precipitation totals 52.3 inches.