US > New York > Essex County > Lake Placid, NY

Lake Placid, NY Profile: Facts & Data

Advertisement

Lake Placid Local Links & Resources:
Resources | ALL Lake Placid Content
Planning to visit Lake Placid? See Local Hotels

Also See Lake Placid, NY: ZIP Codes & Maps

Lake Placid, New York - Basic Facts

The Village of Lake Placid had a population of 2,337 as of July 1, 2024.

The primary coordinate point for Lake Placid is located at latitude 44.2795 and longitude -73.9799 in Essex County. The formal boundaries for the Village of Lake Placid encompass a land area of 1.37 sq. miles and a water area of 0.17 sq. miles. Essex County is in the Eastern time zone (GMT -5).

The Village of Lake Placid has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Lake Placid is located within Town of North Elba, a minor civil division (MCD) of Essex County.


Jump to... (On This Page!)
  1. Lake Placid 2024 Demographic Data
  2. Growth Rates for Lake Placid (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2024 Demographics
Advertisement

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

POPULATION

Total Population 2,337 (100%)
Population in Households 2,334 (99.9%)
Population in Families 1,359 (58.2%)
Population in Group Quarters1 3 ( 0.1%)
Population Density 1,717
Diversity Index2 21
 
 

INCOME

Median Household Income $64,787
Average Household Income $89,561
% of Income for Mortgage4 45%
Per Capita Income $48,021
Wealth Index5 68
Socioeconomic Status Index6 Moderate (55.9)
 

HOUSING

Total HU (Housing Units) 2,133 (100%)
Owner Occupied HU 612 (28.7%)
Renter Occupied HU 641 (30.1%)
Vacant Housing Units 880 (41.3%)
Median Home Value $466,216
Average Home Value $548,080
Housing Affordability Index3 50
 

HOUSEHOLDS

Total Households 1,253
Average Household Size 1.86
Family Households 529
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 1.38% -0.09%
Households 0.57% 0.49%
Families   -0.23%
Median Household Income   3.40%
Per Capita Income   2.80%
Owner Occupied HU   2.22%

Lake Placid, NY - Peer Comparisons by Rank and Percentile

The table below compares Lake Placid 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.

Variable Description Rank Percentile
Total Population # 582 55th
Population Density # 481 63rd
Median Household Income # 911 30th
Housing Affordability Index # 155 12th
Per Capita Income # 538 58th
Diversity Index # 954 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

Lake Placid, NY - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a New York Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2024, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

New York Census Data Comparison Tool

Compare New York July 1, 2024 Data
Data:
Locations:
Highest or Lowest:
Results:
View ALL Lake Placid Content


Essex County


Advertisement


Advertisement
Advertisement

Home | About HTL | Advertise Here | References | Legal | Privacy | Contact
Copyright © 2024 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine