Lime Lake, NY Profile: Facts & Data

The Lime Lake CDP⁽¹⁾ had a population of 832 as of July 1, 2024. Lime Lake ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Lime Lake is located at latitude 42.4345 and longitude -78.4797 in Cattaraugus County. The formal boundaries for the Lime Lake Census Designated Place encompass a land area of 2.38 sq. miles and a water area of 0.27 sq. miles. Cattaraugus County is in the Eastern time zone (GMT -5).

The Lime Lake Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Lime Lake, NY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	832 (100%)
Population in Households	721 (86.7%)
Population in Families	551 (66.2%)
Population in Group Quarters¹	111 (13.3%)
Population Density	350
Diversity Index²	13


INCOME
Median Household Income	$51,579
Average Household Income	$69,946
% of Income for Mortgage⁴	18%
Per Capita Income	$27,541
Wealth Index⁵	55
Socioeconomic Status Index⁶	Low (43.6)

HOUSING
Total HU (Housing Units)	586 (100%)
Owner Occupied HU	243 (41.5%)
Renter Occupied HU	82 (14.0%)
Vacant Housing Units	261 (44.5%)
Median Home Value	$147,685
Average Home Value	$162,140
Housing Affordability Index³	117

HOUSEHOLDS
Total Households	325
Average Household Size	2.22
Family Households	203
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lime Lake, NY - Peer Comparisons by Rank and Percentile

The table below compares Lime Lake to the other 1,292 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.11%	-0.12%
Households	0.29%	0.18%
Families		-0.30%
Median Household Income		1.20%
Per Capita Income		3.77%
Owner Occupied HU		0.25%

Variable Description	Rank	Percentile
Total Population	# 907	30th
Population Density	# 1080	16th
Median Household Income	# 1192	8th
Housing Affordability Index	# 875	68th
Per Capita Income	# 1224	5th
Diversity Index	# 1220	6th

Lime Lake, NY Profile: Facts & Data

Lime Lake, New York - Basic Facts

Lime Lake, NY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lime Lake, NY - Peer Comparisons by Rank and Percentile

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Cattaraugus County