Schroon Lake, NY
Population 898 · New York
About Schroon Lake, NY
Schroon Lake is a small community located in New York with a population of 898 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,188 per year, which is 11% below the national median of $75,149. The median age of 44.3 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 Schroon Lake features a median home value of $252,200, which is 3% above the national median of $244,900. This positions Schroon Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $659, 43% below the national average of $1,163/month. Of the 856 total housing units, 72% are owner-occupied (288 units) and 28% are renter-occupied (113 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Schroon Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Schroon Lake have an average one-way commute time of 14.8 minutes, one of the shorter commutes in the region.
Education & Demographics
37.6% of Schroon Lake 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, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Schroon Lake, NY
Compared to national averages, Schroon Lake has a median household income of $67,188 (11% below the national median of $75,149). Home values average $252,200, which is 3% above the national median. Monthly rent at $659 is 43% below the US average of $1,163. Within New York, Schroon Lake's income is 31% below the state average of $96,987, and home values are 35% below the state median of $387,181.
Why Live in Schroon Lake, NY?
Schroon Lake offers rent that’s lower than the national average at $659/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 37.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.2%, better than the national average, and short commute times averaging just 14.8 minutes.
Potential considerations include median household income ($67,188) that falls below the national average. However, Schroon Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Schroon Lake has a population of 898 with a median age of 44.3 years. Compare Schroon Lake with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Schroon Lake
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosendale | 898 | $61,375 | $250,300 | Compare |
| Randolph | 896 | $63,036 | $89,100 | Compare |
| Woodsburgh | 900 | $250,001 | $1,653,800 | Compare |
| Belmont | 903 | $62,266 | $89,800 | Compare |
| Tivoli | 892 | $40,658 | $354,400 | Compare |
| Hillside | 889 | $147,802 | $444,600 | Compare |
| Sylvan Beach | 889 | $55,268 | $151,600 | 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 Schroon Lake With Other Cities
Frequently Asked Questions about Schroon Lake
What is the population of Schroon Lake, NY?
The population of Schroon Lake, NY is 898 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 Schroon Lake?
The median household income in Schroon Lake, NY is $67,188 per year, which is 11% below the national median of $75,149.
What is the median home value in Schroon Lake?
The median home value in Schroon Lake, NY is $252,200, which is 3% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Schroon Lake?
The median monthly rent in Schroon Lake, NY is $659, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Schroon Lake?
The unemployment rate in Schroon Lake, NY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Schroon Lake, NY a good place to live?
Schroon Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 898 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Schroon Lake, NY?
37.6% of residents in Schroon 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 Schroon Lake?
Key cost-of-living indicators for Schroon Lake, NY: median home value is $252,200 (3% above national), median rent is $659/month, and median household income is $67,188. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Schroon Lake?
The poverty rate in Schroon Lake, NY is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Schroon Lake, NY?
Schroon Lake's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.