Lake Placid village, New York Demographics & Population 2026

Population Overview

Lake Placid village is a small community located in New York. The total population is 2,159. It ranks as the 599th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Lake Placid village is 47.9 years. This is 21% higher than the state median of 39.6 years. Only 14.4% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lake Placid village is $49,556. This is 41% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 37% lower. The poverty rate stands at 9.7%. This is 30% lower than the state poverty rate of 13.7%. The unemployment rate is 0.8%. This is 88% lower than the state rate of 6.2%. The median home value is $370,700. Housing costs are 8% lower than the state median of $403,000. The home-value-to-income ratio of 7.5x suggests that housing affordability is a significant concern for many residents. 57.0% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 54.3%.

Race & Ethnicity

Lake Placid village has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents. Hispanic or Latino residents account for 2.3%. The White (non-Hispanic) population is significantly higher than the state average (93.3% vs 53.4%). The Hispanic or Latino population (2.3%) is well below the state average of 19.6%. The Asian population (0.5%) is well below the state average of 8.8%.

Education

46.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%. Notably, 18.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Placid village, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.