Saranac Lake, NY
Population 5,099 · New York
About Saranac Lake, NY
Saranac Lake is a small community in New York with a population of 5,099 residents. The median household income is $60,494 per year, which is near the national average. The median age in Saranac Lake is 42 years.
Housing in Saranac Lake has a median home value of $188,900 and median monthly rent of $826. Of the 2,820 total housing units, renting is more common than owning, with 1,191 owner-occupied and 1,315 renter-occupied units.
The unemployment rate in Saranac Lake is 2.7% and the poverty rate is 18.6%. 42.8% of residents hold a bachelor's degree or higher. The average commute time is 14.6 minutes.
Cost of Living in Saranac Lake, NY
Compared to national averages, Saranac Lake has a median household income of $60,494 (20% below the national median of $75,149). Home values average $188,900, which is 23% below the national median. Monthly rent at $826 is 29% below the US average of $1,163. Within New York, Saranac Lake's income is 38% below the state average of $96,987, and home values are 51% below the state median of $387,181.
Why Live in Saranac Lake, NY?
Saranac Lake offers affordable housing with a median home value of $188,900, below the US average of $244,900, and rent that’s lower than the national average at $826/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a well-educated community where 42.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 14.6 minutes.
Potential considerations include median household income ($60,494) that falls below the national average. However, Saranac Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Saranac Lake has a population of 5,099 with a median age of 42 years. Compare Saranac Lake with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Saranac Lake
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Carle Place | 5,094 | $130,063 | $743,800 | Compare |
| Liberty | 5,083 | $49,125 | $150,500 | Compare |
| Ballston Spa | 5,080 | $82,341 | $281,600 | Compare |
| West Hills | 5,138 | $183,375 | $737,800 | Compare |
| Mechanicville | 5,143 | $47,331 | $185,900 | Compare |
| Hamlin | 5,041 | $69,142 | $131,300 | Compare |
| Sea Cliff | 5,037 | $185,650 | $926,500 | Compare |
| Elmsford | 5,183 | $116,779 | $568,000 | 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 Saranac Lake
What is the population of Saranac Lake, NY?
The population of Saranac Lake, NY is 5,099 according to the latest Census data.
What is the median household income in Saranac Lake?
The median household income in Saranac Lake, NY is $60,494 per year.
What is the median home value in Saranac Lake?
The median home value in Saranac Lake, NY is $188,900.
What is the average rent in Saranac Lake?
The median monthly rent in Saranac Lake, NY is $826.
What is the unemployment rate in Saranac Lake?
The unemployment rate in Saranac Lake, NY is 2.7%.