Copake Lake, NY
Population 860 · New York
About Copake Lake, NY
Copake Lake is a small community located in New York with a population of 860 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,632 per year, which is 58% above the national median of $75,149. The median age of 61.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Copake Lake features a median home value of $546,100, which is 123% above the national median of $244,900. This places Copake Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 735 total housing units, 95% are owner-occupied (363 units) and 5% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Copake Lake shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Copake Lake have an average one-way commute time of 30.6 minutes.
Education & Demographics
56.6% of Copake Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.9% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 6.9% Asian residents, with 3.5% of the population being foreign-born.
Cost of Living in Copake Lake, NY
Compared to national averages, Copake Lake has a median household income of $118,632 (58% above the national median of $75,149). Home values average $546,100, which is 123% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Copake Lake's income is 22% above the state average of $96,987, and home values are 41% above the state median of $387,181.
Why Live in Copake Lake, NY?
Copake Lake offers a strong local economy with a median household income of $118,632, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a well-educated community where 56.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $546,100. However, Copake Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Copake Lake has a population of 860 with a median age of 61.3 years. Compare Copake Lake with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Copake Lake
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Millwood | 854 | $209,063 | $769,800 | Compare |
| Quiogue | 853 | $78,661 | $1,071,400 | Compare |
| Spencer | 848 | $50,682 | $139,200 | Compare |
| Hannawa Falls | 847 | $95,893 | $181,800 | Compare |
| Castile | 844 | $58,625 | $127,400 | Compare |
| Hancock | 876 | $50,547 | $145,300 | Compare |
| Candor | 878 | $62,583 | $117,600 | Compare |
| Nassau Lake | 841 | $0 | $271,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Copake Lake
What is the population of Copake Lake, NY?
The population of Copake Lake, NY is 860 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Copake Lake?
The median household income in Copake Lake, NY is $118,632 per year, which is 58% above the national median of $75,149.
What is the median home value in Copake Lake?
The median home value in Copake Lake, NY is $546,100, which is 123% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Copake Lake?
The median monthly rent in Copake Lake, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Copake Lake?
The unemployment rate in Copake Lake, NY is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Copake Lake, NY a good place to live?
Copake Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 860 and a median age of 61.3, the city appeals to established professionals and retirees.
How educated is Copake Lake, NY?
56.6% of residents in Copake Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Copake Lake?
Key cost-of-living indicators for Copake Lake, NY: median home value is $546,100 (123% above national), median rent is $0/month, and median household income is $118,632. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Copake Lake?
The poverty rate in Copake Lake, NY is 0.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Copake Lake, NY?
Copake Lake's population is 0.9% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 6.9% Asian, and 0.0% two or more races. 3.5% of residents are foreign-born.