Duane Lake, NY
Population 279 · New York
About Duane Lake, NY
Duane Lake is a small community located in New York with a population of 279 residents according to the latest US Census Bureau American Community Survey data. The median household income is $159,896 per year, which is 113% above the national median of $75,149. The median age of 65.5 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 Duane Lake features a median home value of $412,500, which is 68% above the national median of $244,900. This places Duane 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 119 total housing units, 100% are owner-occupied (119 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Duane Lake shows an unemployment rate of 20.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Duane Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
60.2% of Duane 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Duane Lake, NY
Compared to national averages, Duane Lake has a median household income of $159,896 (113% above the national median of $75,149). Home values average $412,500, which is 68% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Duane Lake's income is 65% above the state average of $96,987, and home values are 7% above the state median of $387,181.
Why Live in Duane Lake, NY?
Duane Lake offers a strong local economy with a median household income of $159,896, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 60.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.5%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $412,500. However, Duane Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Duane Lake has a population of 279 with a median age of 65.5 years. Compare Duane Lake with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Duane Lake
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Salisbury Mills | 279 | $170,451 | $559,000 | Compare |
| Fowlerville | 278 | $80,677 | $257,300 | Compare |
| Richville | 278 | $49,464 | $99,400 | Compare |
| Cuylerville | 281 | $91,875 | $0 | Compare |
| Sagaponack | 282 | $95,417 | $2,000,001 | Compare |
| Wells Bridge | 275 | $100,234 | $227,900 | Compare |
| Hortonville | 284 | $98,750 | $184,100 | Compare |
| St. Regis Falls | 274 | $60,714 | $89,200 | 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 Duane Lake
What is the population of Duane Lake, NY?
The population of Duane Lake, NY is 279 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 Duane Lake?
The median household income in Duane Lake, NY is $159,896 per year, which is 113% above the national median of $75,149.
What is the median home value in Duane Lake?
The median home value in Duane Lake, NY is $412,500, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Duane Lake?
The median monthly rent in Duane Lake, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Duane Lake?
The unemployment rate in Duane Lake, NY is 20.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Duane Lake, NY a good place to live?
Duane Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 279 and a median age of 65.5, the city appeals to established professionals and retirees.
How educated is Duane Lake, NY?
60.2% of residents in Duane 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 Duane Lake?
Key cost-of-living indicators for Duane Lake, NY: median home value is $412,500 (68% above national), median rent is $0/month, and median household income is $159,896. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Duane Lake?
The poverty rate in Duane Lake, NY is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Duane Lake, NY?
Duane Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.