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Saranac Lake, NY
Full City Profile · New York · Franklin County County
3.6
/5.0
B+
Good
5,099
Population
1,752/sq mi density
$60,494
Median Income
$39,013 per capita
$188,900
Home Value
$317,171 Zillow
$826
Median Rent
25.6% income on rent
40°F
Avg Temperature
258 sunny days/yr
172
Violent Crime/100K
2,328 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$60,494 median income, 1.6% unemployment
A+
Affordability
4.9 / 5.0
$188,900 home value, $826/mo rent
F
Safety
1.0 / 5.0
172 violent crimes/100K
A
Education
4.4 / 5.0
42.8% bachelor's degree or higher
Income Overview
Median Household Income
$60,494
20% below
US avg: $75,149
Per Capita Income
$39,013
0% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
12.4%
0% below
US avg: 12.4%
Income Comparison: Saranac Lake vs. U.S. Average
Each bar shows Saranac Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,494
80%
Per Capita
US: $39,052
$39,013
100%
IRS Avg AGI
US: $72,000
$61,766
86%
Avg Weekly Wage
US: $1,432
$1,316
92%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,316
8% below US avg ($1,432)
Mean Commute Time
15 min
47% below US avg (28 min)
Work From Home
7.9%
48% below US avg (15.2%)
Drive Alone
67.9%
7% below US avg (73.2%)
Public Transit
0.8%
84% below US avg (5.0%)
County GDP
$2,709M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67.9%
Public Transit
0.8%
Work From Home
7.9%
Other
23.4%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,108
Restaurants
113
Healthcare
154
Retail
157
Manufacturing
22
Tax & Financial
IRS Avg Adjusted Gross Income
$61,766
14% below US avg ($72,000)
Avg Property Tax
$8,069
131% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,494 |
| Per Capita Income | $39,013 |
| IRS Avg Adjusted Gross Income | $61,766 |
| Avg Weekly Wage | $1,316 |
| County GDP | $2,709M |
Hardship Indicators
| Unemployment Rate | 1.6% |
| Poverty Rate | 12.4% |
| Gini Coefficient | 0.440 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 67.9% |
| Public Transit | 0.8% |
| Work From Home | 7.9% |
Businesses
| Total Establishments | 1,108 |
| Restaurants | 113 |
| Healthcare | 154 |
| Retail | 157 |
| Manufacturing | 22 |
Tax
| IRS Avg AGI | $61,766 |
| Avg Property Tax | $8,069 |