Lake Placid, NY
Population 2,159 · New York
About Lake Placid, NY
Lake Placid is a small community in New York with a population of 2,159 residents. The median household income is $49,556 per year, which is below the national average. The median age in Lake Placid is 47.9 years.
Housing in Lake Placid has a median home value of $370,700 and median monthly rent of $966. Of the 2,092 total housing units, the majority are owner-occupied, with 717 owner-occupied and 542 renter-occupied units.
The unemployment rate in Lake Placid is 0.8% and the poverty rate is 9.7%. 46.5% of residents hold a bachelor's degree or higher. The average commute time is 15.6 minutes.
How Lake Placid Ranks in New York
Cost of Living in Lake Placid, NY
Compared to national averages, Lake Placid has a median household income of $49,556 (34% below the national median of $75,149). Home values average $370,700, which is 51% above the national median. Monthly rent at $966 is 17% below the US average of $1,163. Within New York, Lake Placid's income is 49% below the state average of $96,987, and home values are 4% below the state median of $387,181.
Why Live in Lake Placid, NY?
Lake Placid offers rent that’s lower than the national average at $966/month, and a strong job market with an unemployment rate of just 0.8%, and a well-educated community where 46.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.7%, better than the national average, and short commute times averaging just 15.6 minutes.
Potential considerations include median household income ($49,556) that falls below the national average, and a competitive housing market where the typical home costs $370,700. However, Lake Placid’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Placid has a population of 2,159 with a median age of 47.9 years. Compare Lake Placid with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Lake Placid
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Phelps | 2,164 | $65,272 | $162,700 | Compare |
| Greenport West | 2,170 | $74,432 | $770,800 | Compare |
| Washington Mills | 2,148 | $128,571 | $208,500 | Compare |
| Barnum Island | 2,173 | $118,160 | $680,500 | Compare |
| Crompond | 2,144 | $203,080 | $556,500 | Compare |
| Ontario | 2,176 | $52,625 | $189,400 | Compare |
| Bellerose Terrace | 2,180 | $160,443 | $562,700 | Compare |
| Central Square | 2,136 | $67,232 | $191,000 | 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 Lake Placid
What is the population of Lake Placid, NY?
The population of Lake Placid, NY is 2,159 according to the latest Census data.
What is the median household income in Lake Placid?
The median household income in Lake Placid, NY is $49,556 per year.
What is the median home value in Lake Placid?
The median home value in Lake Placid, NY is $370,700.
What is the average rent in Lake Placid?
The median monthly rent in Lake Placid, NY is $966.
What is the unemployment rate in Lake Placid?
The unemployment rate in Lake Placid, NY is 0.8%.