Census Bureau data for Lake Placid town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lake Placid town
- What is the median household income in Lake Placid town?
- The median household income in Lake Placid town is $45,476 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Placid town?
- The poverty rate in Lake Placid town is 28.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Placid town?
- $253,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Placid town?
- The median gross rent in Lake Placid town is $975 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Placid town residents have a college degree?
- 23.6% of adults in Lake Placid town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,438
Median Income
$45,476
Median Home Value
$253,200
Poverty Rate
28.7%
Unemployment (ACS 2023)
7.3%
Median Age
41.0 yrs
Since 2019
Median Income:
+$9,483 (+26.3%)
Home Value:
+$169,100 (+201.1%)
Poverty Rate:
-2.3 pp (-7.4%)
Bachelor's+:
+4.0 pp (+20.4%)
Unemployment:
-4.2 pp (-36.5%)
Demographics
Total Population
2,438
Median Age
41.0
Female
52.8%
Race & Ethnicity
Hispanic or Latino 44.0%
White (non-Hisp.) 41.3%
Black 12.0%
Asian 0.5%
Two or More 14.2%
Other 12.7%
Hispanic Subgroups (% of total pop.)
Mexican
28.4%
Puerto Rican
3.8%
Cuban
1.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$45,476
±$7,535
-$26,235 vs. state
Per Capita Income
$55,271
Median Family Income
$45,383
Poverty Rate
28.7%
+19.8 pp vs. state
Child Poverty Rate
54.3%
Working-Age Poverty Rate
—
SNAP Recipients
17.5%
Social Security Income
—
Retirement Income
28.9%
Household Income Distribution
< $10k
16.3%
$15–25k
9.7%
$25–35k
14.2%
$35–50k
18.1%
$50–75k
19.3%
$75–100k
2.4%
$100–150k
14.3%
$150–200k
5.0%
$200k+
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,277
Owner-Occupied
52.1%
Renter-Occupied
47.9%
Vacancy Rate
16.2%
Median Home Value
$253,200
-$71,800 vs. state
Median Gross Rent
$975
Owner Cost Burden (30%+)
15.3%
Renter Cost Burden (30%+)
52.2%
Home Value Distribution
< $50k
5.4%
$50–100k
13.8%
$100–200k
16.5%
$200–300k
22.4%
$300–500k
18.5%
$500k–$1M
12.4%
$1M+
3.4%
Gross Rent Distribution
< $500
1.0%
$500–1k
53.4%
$1–1.5k
32.4%
$1.5–2k
3.7%
$2–2.5k
8.8%
$2.5–3.5k
0.6%
Vehicle Availability
No vehicle
8.7%
1 vehicle
48.9%
2 vehicles
29.6%
3+
12.8%
Housing Type
Single-fam. det.
50.7%
Single-fam. att.
15.1%
2–4 units
4.8%
5–19 units
5.7%
20+ units
10.6%
Mobile home
2.5%
Housing Age
Pre-1940
4.8%
1940–1969
4.6%
1970–1999
18.3%
2000–2009
14.4%
2010+
9.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
76.5%
Bachelor's or Higher
23.6%
-9.6 pp vs. state
Graduate Degree
9.0%
Some College / Associate
19.5%
Less Than High School
15.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
47.6%
Unemployment Rate
7.3%
+2.5 pp vs. state
Work from Home
11.2%
Self-Employed
10.0%
Government Workers
14.7%
Private For-Profit
74.3%
Industry
Construction
14.8%
Agriculture
14.5%
Arts/Entmt.
9.9%
Prof. Services
9.7%
Public Admin
9.1%
Edu/Health
8.5%
Retail
7.1%
Finance
4.8%
Information
4.2%
Manufacturing
2.8%
Transportation
1.3%
Wholesale
0.9%
Occupation
Food Prep
31.3%
Construction
29.4%
Management
21.2%
Production
10.2%
Sales
7.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
31.6 min
Drove Alone
68.8%
Carpool
12.4%
Public Transit
0.0%
Work from Home
11.2%
Walked
5.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,070
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
31.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
6.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.7%
5–9
9.6%
10–14
6.9%
15–19
2.4%
20–24
5.3%
25–34
15.5%
35–44
8.6%
45–54
9.5%
55–64
3.3%
65–74
8.9%
75–84
13.0%
85+
8.4%
Under 18: 21.9%
Working age (18–64): 78.1%
65 and over: 26.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
32.5%
Naturalized Citizen
35.3%
Speaks English Less Than Very Well
18.5%
Foreign-Born Origin
Latin America
92.4%
Europe
3.9%
Asia
1.5%
Veterans & Disability
Veteran
7.0%
With a Disability
14.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
63.1%
Uninsured
36.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
79.3%
Has a Computer
86.2%
Same House 1 Year Ago
87.7%
Moved from Abroad
2.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023