Lake Placid, NY Profile: Facts & Data

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Lake Placid, New York - Basic Facts

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The Village of Lake Placid had a population of 2,476 as of July 1, 2018.

The primary coordinate point for Lake Placid is located at latitude 44.2842 and longitude -73.9864 in Essex County. The formal boundaries for the Village of Lake Placid (see map below) 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 elevation is 1,801 feet.

The Village of Lake Placid (GNIS ID: 2390927) 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.

Beneath the boundary map are tables with Lake Placid population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Lake Placid, NY Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 2,476
Population in Households 2,350
Population in Familes 1,585
Population in Group Qrtrs 126
Population Density1 1,806
Diversity Index2 14
 

INCOME

Median Household Income $50,430
Average Household Income $72,397
Per Capita Income $34,627

HOUSING

Total Housing Units 1,898 (100%)
Owner Occupied HU 691 (36.4%)
Renter Occupied HU 567 (29.9%)
Vacant Housing Units 640 (33.7%)
Median Home Value $246,176
Average Home Value $284,885
 

HOUSEHOLDS

Total Households 1,258
Average Household Size 1.87
Family Households 602
Average Family Size 3
NOTES
  1. Population Density = Total Population per square mile.
  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 race 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.22% -0.38%
Households -0.22% -0.37%
Families 1.06% -0.57%
Median Household Income   1.21%
Per Capita Income   2.54%

Lake Placid, NY - Peer Comparisons by Rank and Percentile

The table below compares Lake Placid to the other 1,196 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2018 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 # 549 54th
Population Density # 453 62nd
Diversity Index # 827 31st
Median Household Income # 889 26th
Per Capita Income # 531 56th

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

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