Schroon Lake, NY Profile: Facts & Data

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Schroon Lake, New York - Basic Facts

The Schroon Lake CDP(1) had a population of 783 as of July 1, 2021. Schroon 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 Schroon Lake is located at latitude 43.8387 and longitude -73.761 in Essex County. The formal boundaries for the Schroon Lake Census Designated Place encompass a land area of 2.89 sq. miles and a water area of 0.8 sq. miles. Essex County is in the Eastern time zone (GMT -5). The elevation is 869 feet.

The Schroon 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.

The Schroon Lake Census Designated Place is located within Town of Schroon, a minor civil division (MCD) of Essex County.

Alternate Unofficial Names for Schroon Lake: Skaniatarowá:nen Lake.

  1. 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.

Jump to... (On This Page!)
  1. Schroon Lake 2021 Demographic Data
  2. Growth Rates for Schroon Lake (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 - 2021 Demographics
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Schroon Lake, NY Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 783 (100%)
Population in Households 780 (99.6%)
Population in Families 590 (75.4%)
Population in Group Quarters1 3 ( 0.4%)
Population Density 271
Diversity Index2 13
 
 

INCOME

Median Household Income $44,294
Average Household Income $69,002
% of Income for Mortgage4 23%
Per Capita Income $31,907
Wealth Index5 79
 

HOUSING

Total HU (Housing Units) 850 (100%)
Owner Occupied HU 302 (35.5%)
Renter Occupied HU 72 ( 8.5%)
Vacant Housing Units 476 (56.0%)
Median Home Value $245,588
Average Home Value $386,341
Housing Affordability Index3 105
 

HOUSEHOLDS

Total Households 374
Average Household Size 2.09
Family Households 223
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 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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population -0.55% -1.02%
Households -0.42% -0.93%
Families 0.16% -1.01%
Median Household Income   2.54%
Per Capita Income   2.75%
Owner Occupied HU   -0.74%

Schroon Lake, NY - Peer Comparisons by Rank and Percentile

The table below compares Schroon Lake to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2021 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 # 894 25th
Population Density # 1085 9th
Median Household Income # 1102 8th
Housing Affordability Index # 334 28th
Per Capita Income # 688 43rd
Diversity Index # 922 23rd

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

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