Lake George, NY
Population 928 · New York
About Lake George, NY
Lake George is a small community located in New York with a population of 928 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,411 per year, which is 30% below the national median of $75,149. The median age of 52.1 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 Lake George features a median home value of $302,300, which is 23% above the national median of $244,900. This positions Lake George in a moderately priced market relative to the rest of the country. Median monthly rent is $1,079, 7% below the national average of $1,163/month. Of the 665 total housing units, 45% are owner-occupied (221 units) and 55% are renter-occupied (269 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Lake George shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake George have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
24.8% of Lake George residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 2.6% Hispanic or Latino, 0.9% Black or African American, and 16.4% Asian residents, with 4.3% of the population being foreign-born.
How Lake George Ranks in New York
Cost of Living in Lake George, NY
Compared to national averages, Lake George has a median household income of $52,411 (30% below the national median of $75,149). Home values average $302,300, which is 23% above the national median. Monthly rent at $1,079 is 7% below the US average of $1,163. Within New York, Lake George's income is 46% below the state average of $96,987, and home values are 22% below the state median of $387,181.
Why Live in Lake George, NY?
Lake George offers rent that’s lower than the national average at $1,079/month, and a strong job market with an unemployment rate of just 0.4%, and a low poverty rate of 8.7%, better than the national average. Additionally, the city features short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($52,411) that falls below the national average. However, Lake George’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake George has a population of 928 with a median age of 52.1 years. Compare Lake George with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Lake George
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Amenia | 928 | $82,781 | $269,200 | Compare |
| Plandome Heights | 936 | $250,001 | $1,496,300 | Compare |
| Ripley | 937 | $46,991 | $84,400 | Compare |
| Portville | 915 | $59,917 | $99,000 | Compare |
| Great Bend | 942 | $0 | $125,000 | Compare |
| Salem | 914 | $76,993 | $160,900 | Compare |
| New Berlin | 947 | $55,156 | $105,200 | Compare |
| Walworth | 908 | $89,844 | $151,300 | 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.
Compare Lake George With Other Cities
Frequently Asked Questions about Lake George
What is the population of Lake George, NY?
The population of Lake George, NY is 928 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 Lake George?
The median household income in Lake George, NY is $52,411 per year, which is 30% below the national median of $75,149.
What is the median home value in Lake George?
The median home value in Lake George, NY is $302,300, which is 23% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lake George?
The median monthly rent in Lake George, NY is $1,079, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Lake George?
The unemployment rate in Lake George, NY is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake George, NY a good place to live?
Lake George offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 928 and a median age of 52.1, the city appeals to established professionals and retirees.
How educated is Lake George, NY?
24.8% of residents in Lake George aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake George?
Key cost-of-living indicators for Lake George, NY: median home value is $302,300 (23% above national), median rent is $1,079/month, and median household income is $52,411. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Lake George?
The poverty rate in Lake George, NY is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake George, NY?
Lake George's population is 0.0% White, 2.6% Hispanic or Latino, 0.9% Black or African American, 16.4% Asian, and 0.9% two or more races. 4.3% of residents are foreign-born.