Lake Placid, NY

New York

Lake Placid is a small town in New York with a population of 2,159. Residents earn $49,556 per year, which is 34% below the national average.

3.7 /5.0
B+ Good
2,159 Population 1,588/sq mi density
$49,556 Median Income $49,018 per capita
$370,700 Home Value $333,857 Zillow
$966 Median Rent
41°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$49,556 median income, 0.5% unemployment
C
Affordability
2.4 / 5.0
$370,700 home value, $966/mo rent
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher
Median Income $49,556
34% lower than US avg
Home Value $370,700
32% higher than US avg
Bachelor's+ 46.5%
38% higher than US avg
Median Rent $966
17% lower than US avg
Obesity Rate 33.6%
5% higher than US avg
Unemployment 0.5%
86% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Lake Placid Compares to the U.S. Average (100% = U.S. avg)

People

Population2,159
Median Age47.9 yrs
Density1,588/mi²
Male / Female44% / 56%
Largest GroupWhite 94%

Economy

A
Median Income$49,556
Per Capita$49,018
Unemployment0.5%
Poverty0.0%
County GDP$2,335M
Commute16 min

Housing

C
Home Value$370,700
Rent$966
OwnershipN/A
Zillow$333,857

Crime

ViolentN/A
PropertyN/A

Health

Obesity33.6%
UninsuredN/A
Depression22.5%
Heart Disease5.1%

Climate

Avg Temp41°F
AQI36 (Good)
Rain43.8 in/yr
Elevation1,969 ft

Education

A+
Bachelor's+46.5%
High School+95.3%
School Score5.39

Community

2024 VoteR 50% / D 50%
Commute16 min
EV Stations28
Libraries16

Is Lake Placid a Good Place to Live?

Based on current data, Lake Placid receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, a highly educated population, a low poverty rate, high health insurance coverage. Areas to be aware of include below-average incomes. Lake Placid offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Lake Placid is $49,556, 34% below the national average of $75,149. The job market is very strong with unemployment at just 0.5%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Lake Placid is $370,700, 32% above the national median. Renters pay a median of $966 per month, below the national average — a plus for affordability. With a home price-to-income ratio of 7.5x, housing affordability is a significant challenge for many families.

Education

Educational attainment is solid, with 46.5% holding a bachelor's degree or higher, near the national average. 95.3% have completed high school. Area schools have an average test score of 5.4/10.

Climate & Weather

Lake Placid has a cool climate with an average annual temperature of 41°F. Winters average 15°F in January while summers reach 64°F in July. Annual precipitation totals 43.8 inches, including 104.1 inches of snow. Air quality is rated Good with a median AQI of 36.

Lake Placid has a population of 2,159 with a density of 1,588 people per square mile. The median age is 47.9 years, 23% older than the national median of 38.9. The city is predominantly White (93.7%).

Population

2,159
Total Population
1,588
People / sq mi
47.9yrs
Median Age
23% above US avg
1.4mi²
Land Area

Gender Distribution

Male 44.1%
Female 55.9%

Race & Ethnicity

Lake Placid vs U.S. Average

Language Spoken at Home

English Only75.4%
4% below US avg
Spanish24.6%
84% above US avg

Social Characteristics

Lake Placid vs U.S. Average

The median household income in Lake Placid is $49,556, which is 34% below the national average of $75,149. The unemployment rate is 0.5% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 16 minutes.

Income: Lake Placid vs U.S.

Commute Mode

Income

Median HH Income$49,556
34% below US avg
Per Capita Income$49,018
Avg Weekly Wage$1,127
IRS Avg AGI$69,793

Employment & Poverty

Unemployment0.5%
86% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)1,334
County GDP$2,335M

Business (County)

Restaurants209
Healthcare160
Retail186
Manufacturing29

Tax & Cost of Living

Property Tax (IRS)$9,236
164% above US avg
Effective Tax Rate2.49%

Commute & Transportation

Commute Time15.6 min
Work from Home19.0%

Walkability

The median home value in Lake Placid is $370,700, 32% above the national average. Monthly rent averages $966 (17% below US avg). Zillow estimates the typical home value at $333,857.

Home Value Sources

Ownership Split

Home Values

Census Median$370,700
32% above US avg
Zillow ZHVI$333,857

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$966
17% below US avg

HUD Fair Market Rent

Studio$1,215
1 Bedroom$1,315
2 Bedrooms$1,579
3 Bedrooms$1,976
4 Bedrooms$2,193

Ownership & Property

Owner-Occupied56.9%

Property Tax

Avg Tax (IRS)$9,236
164% above US avg
Effective Rate2.49%
In Lake Placid, 33.6% of adults are obese (above the 32.1% national rate). 22.5% report depression. 21.3% are physically inactive.

Health Metrics: Lake Placid vs U.S. Average (%)

Chronic Conditions

Obesity33.6%
5% above US avg
Diabetes8.1%
Heart Disease5.1%
High Blood Pressure28.6%
Asthma11.0%
COPD5.7%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking20.1%
Physical Inactivity21.3%
Depression22.5%
Mental Distress16.9%
Physical Distress11.9%

Healthcare Access

Insurance Rate98.5%
Checkup Rate77.8%
Premature Death7,206/100K

Food & Exercise

Food Environment8.8/10
Exercise Access100.0%
Healthcare Facilities160

Crime Rates: Lake Placid vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)2

Safety Score

Lake Placid has an average annual temperature of 41°F (5°C). Winters average 15°F in January while summers reach 64°F in July. Annual precipitation is 43.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

15°F Jan (-10°C) 64°F Jul (18°C)
Annual Average40.6°F
25% below US avg
January Average15°F (-10°C)
July Average64°F (18°C)

Precipitation & Snow

Annual Rainfall43.8 inches
15% above US avg
Snowfall104.1 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,969 ft (600 m)
Area1.4 sq mi (3.5 km²)
Population Density1,588/sq mi
Coordinates44.2842°N, 73.9864°W
County FIPS36031
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 46.5% of residents hold a bachelor's degree or higher (38% above US avg). In the 2024 election, the county voted Democrat by a 0.5-point margin.

2024 Presidential Election (County)

R 49.8%
D 50.3%

Winner: Democrat by 0.5 points

Education

Bachelor's Degree+46.5%
38% above US avg
High School+95.3%
School Test Score5.39
A+ Education Grade (4.7/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density1,588/sq mi
Total Area1.4 sq mi

Infrastructure & Services

EV Charging Stations28
Alt Fuel Stations28
Public Libraries16
Healthcare Facilities160
Restaurants209
Retail Stores186

Safety & Disasters

Fatal Crashes (County/yr)2

Commute & Transportation

Avg Commute15.6 min
Work from Home19.0%

Nearby Cities

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