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New York · Census place 40761

Lake Placid village, NY

Quick answer

Lake Placid village has 2,159 residents, ranking #599 of 1292 places in New York. Median household income is $49,556, the median home is worth $370,700 and median gross rent runs $966 a month.

Population
2,159Lake Placid village residents
Median household income
$49,556Past 12 months, inflation adjusted
Median home value
$370,700Owner-occupied units
Median gross rent
$966Rent plus utilities, monthly
Median age
47.9 yrsAll residents
Homeownership rate
56.9%Owner-occupied households

What the numbers mean in Lake Placid village

Housing cost measured against local earnings.

A household earning the Lake Placid village median would spend about 23.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 7.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.7% of residents and 56.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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