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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
Housing Overview
Median Home Value
$188,900
33% below
US avg: $281,900
Median Rent
$826/mo
29% below
US avg: $1,163/mo
Homeownership Rate
47.5%
27% below US avg (65.4%)
Total Housing Units
2,815
Median year built: 1938
Home Value by Source
Census Median
$188,900
Zillow (ZHVI)
$317,171
Median Sale Price
$310,000
Median List Price
$479,925
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
47.5%
Owner-Occupied
52.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$826/mo
Market Indicators (Redfin)
Median Days on Market
130 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
47.5%
Complete Housing Data
Home Values
| Census Median Value | $188,900 |
| Zillow Home Value (ZHVI) | $317,171 |
| Median Sale Price | $310,000 |
| Median List Price | $479,925 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $826 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 130 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 5 |
| Active Inventory | 5 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 47.5% |
| Renter-Occupied | 52.5% |
| Homeownership Rate | 47.5% |
| Total Housing Units | 2,815 |
| Median Year Built | 1938 |
| Rent Burden | 25.6% |