Lake Luzerne, NY
Population 1,171 · New York
About Lake Luzerne, NY
Lake Luzerne is a small town located in New York with a population of 1,171 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,594 per year, which is 29% below the national median of $75,149. The median age of 55.4 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 Luzerne features a median home value of $198,300, which is 19% below the national median of $244,900. This positions Lake Luzerne in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,176 total housing units, 86% are owner-occupied (556 units) and 14% are renter-occupied (93 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Luzerne shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 15.5%, above the national average of 12.4%. Workers in Lake Luzerne have an average one-way commute time of 18.1 minutes, one of the shorter commutes in the region.
Education & Demographics
35.7% of Lake Luzerne 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, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Lake Luzerne, NY
Compared to national averages, Lake Luzerne has a median household income of $53,594 (29% below the national median of $75,149). Home values average $198,300, which is 19% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Lake Luzerne's income is 45% below the state average of $96,987, and home values are 49% below the state median of $387,181.
Why Live in Lake Luzerne, NY?
Lake Luzerne offers affordable housing with a median home value of $198,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a well-educated community where 35.7% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($53,594) that falls below the national average. However, Lake Luzerne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Luzerne has a population of 1,171 with a median age of 55.4 years. Compare Lake Luzerne with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Lake Luzerne
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hillburn | 1,170 | $81,406 | $467,600 | Compare |
| Forest Home | 1,164 | $59,107 | $496,900 | Compare |
| Sparrow Bush | 1,178 | $55,820 | $215,300 | Compare |
| Wurtsboro | 1,181 | $72,500 | $214,500 | Compare |
| Eatons Neck | 1,158 | $245,217 | $865,000 | Compare |
| Cortland West | 1,185 | $130,875 | $231,300 | Compare |
| Cattaraugus | 1,153 | $59,145 | $73,100 | Compare |
| Orient | 1,152 | $88,293 | $923,500 | 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.
Compare Lake Luzerne With Other Cities
Frequently Asked Questions about Lake Luzerne
What is the population of Lake Luzerne, NY?
The population of Lake Luzerne, NY is 1,171 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Lake Luzerne?
The median household income in Lake Luzerne, NY is $53,594 per year, which is 29% below the national median of $75,149.
What is the median home value in Lake Luzerne?
The median home value in Lake Luzerne, NY is $198,300, which is 19% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Luzerne?
The median monthly rent in Lake Luzerne, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Luzerne?
The unemployment rate in Lake Luzerne, NY is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Luzerne, NY a good place to live?
Lake Luzerne offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,171 and a median age of 55.4, the city appeals to established professionals and retirees.
How educated is Lake Luzerne, NY?
35.7% of residents in Lake Luzerne 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 Lake Luzerne?
Key cost-of-living indicators for Lake Luzerne, NY: median home value is $198,300 (19% below national), median rent is $0/month, and median household income is $53,594. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Lake Luzerne?
The poverty rate in Lake Luzerne, NY is 15.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lake Luzerne, NY?
Lake Luzerne's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.5% two or more races. 1.1% of residents are foreign-born.