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Lake Placid, NY
Full City Profile · New York · Essex County County
Lake Placid, NY
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 $49,556 , which is 34% below the national average of $75,149. Per capita income is $49,018. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,334 business establishments, including 209 restaurants.
Housing & Cost of Living
The median home value in Lake Placid is $370,700 , 32% above the national median of $281,900. Zillow estimates the typical home at $333,857. Median rent is $966/month, with 43.1% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1976.
Safety & Crime
Lake Placid reports 172 violent crimes per 100,000 residents , which is 55% below the national average of 380/100K. Property crime is 2,328/100K.
Education
46.5% of adults in Lake Placid hold a bachelor's degree or higher (38% above the national average). 95.3% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
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. The area gets 251 sunny days per year. Annual precipitation totals 43.8 inches. Air quality is rated Good with a median AQI of 36.