Lake Placid, NY Profile: Facts & Data

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Lake Placid, New York - Basic Facts

The Village of Lake Placid had a population of 2,468 as of July 1, 2019.

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 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.


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  1. Lake Placid 2019 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 - 2019 Demographics

Lake Placid, NY - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Placid, NY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Placid, NY Housing Affordability Index is 106
State of New York Housing Affordability Index is 85
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.

WEALTH INDEX

Lake Placid, NY Wealth Index is 77
State of New York Wealth Index is 109
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New York COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 2,468 (100%)
Population in Households 2,342 (94.9%)
Population in Families 1,564 (63.4%)
Population in Group Quarters1 126 ( 5.1%)
Population Density 1,800
Diversity Index2 15
 

INCOME

Median Household Income $50,633
Average Household Income $70,563
Per Capita Income $33,294
Wealth Index4 77

HOUSING

Total Housing Units 1,895 (100%)
Owner Occupied HU 731 (38.6%)
Renter Occupied HU 530 (28.0%)
Vacant Housing Units 634 (33.5%)
Median Home Value $236,750
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 1,261
Average Household Size 1.86
Family Households 605
Average Family Size 3
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 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.
  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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.23% -0.53%
Households -0.17% -0.51%
Families 1.0% -0.67%
Median Household Income   0.96%
Per Capita Income   2.13%

Lake Placid, NY - Peer Comparisons by Rank and Percentile

The table below compares Lake Placid to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2019 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 # 550 54th
Population Density # 454 62nd
Diversity Index # 829 31st
Median Household Income # 938 22nd
Per Capita Income # 559 53rd

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

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