Lake Placid, NY population, income and ZIP codes

Lake Placid village is a small town in New York, with 2,159 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #599 of 1,292 ranked by population — larger than 53% of them. The median age here is 47.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Lake Placid village earn a median of $49,556 a year, 36.9% below the national figure of $78,538 and 46% below the $91,806 median for the 847 New York cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 9.7% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Lake Placid village is valued at $370,700, 22.2% above the national figure and 17% above the $315,800 peer median, while median gross rent runs $966 a month, 31.3% below the national figure, or roughly $11,592 across a full year. A household on the local median income would put about 23.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 7.5×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 56.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Home values sit at 7.5× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.