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Lake Success, New York Demographics & Population 2026

During the 2020–2024 ACS period, Lake Success, New York had a total population of 2,829, the 510th largest village in New York, with a median household income of $244,079, which is 184% higher than the state average. The poverty rate is 4.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Success Quick Facts

Population 2,829
Median Household Income $244,079
Median Home Value $1,555,000
Poverty Rate 4.4%
Unemployment Rate 3.3%
Median Age 46.6 years
Homeownership Rate 93.2%
Affordability Ratio 6.4x
Bachelor's Degree or Higher 66.6%
High School Graduation Rate 89.4%
Diversity Index 56/100
Population 2,829 510th of 1,289
Median Income $244,079 top 10%
Poverty Rate 4.4% 65% lower than national
Median Home Value $1,555,000 top 10%

How Lake Success Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,8172,829+0.4%
Median household income$248,750$244,079-1.9%
Median home value$1,484,000$1,555,000+4.8%

How Lake Success Compares

Economy & Housing

Household Income Distribution

Under $25K 5.0%
$25K-$50K 1.3%
$50K-$100K 6.9%
$100K+ 86.8%
Detailed income brackets
Under $10K
0.5%
$10K-$15K
0.7%
$15K-$20K
0.0%
$20K-$25K
3.8%
$25K-$30K
0.7%
$30K-$35K
0.0%
$35K-$40K
0.7%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
0.8%
$60K-$75K
4.4%
$75K-$100K
1.7%
$100K-$125K
3.8%
$125K-$150K
3.9%
$150K-$200K
16.4%
$200K+
62.7%

Employment

3.3% Unemployment Rate State: 6.4%|National: 5.2%
59.9% Labor Force Participation

Housing Overview

Owner 93.2%
Renter 6.8%
Affordability Index Expensive
6.4x home value to income ratio
Median gross rent $3,501/mo 17.2% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Lake Success Rankings in New York

#510 Population of 1,289
#37 Median Income of 1,219
#136 Education of 1,288
#45 Home Value of 1,232

Other Cities in Nassau County

CityPopulationMedian IncomePovertyHome Value
Hempstead 58,801 $90,420 14.4% $459,500
Levittown 51,904 $146,068 4.7% $590,500
Freeport 44,088 $120,625 7.4% $505,900
Hicksville 43,780 $144,471 3.9% $634,100
Valley Stream 40,315 $133,190 5.5% $616,100
East Meadow 36,821 $133,971 6.4% $631,800
Elmont 36,518 $114,217 5.0% $602,900
Baldwin 34,994 $145,472 6.6% $593,800
Long Beach 34,756 $140,739 7.6% $696,400
Uniondale 33,148 $124,684 9.2% $539,000

Cities Similar to Lake Success

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Munsey Park2,778$250,000+$1,984,40086.1%2.0%
Sands Point2,722$250,000+$2,000,000+89.7%3.4%
Brookville2,941$250,000+$2,000,000+79.0%4.5%
Chappaqua3,046$241,432$781,10079.8%1.1%
Great Neck Estates3,023$237,788$1,638,70073.1%5.7%

Population Overview

Lake Success is a small community located in New York, within Nassau County. The total population is 2,829. It ranks as the 510th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Lake Success is 46.6 years. This is 17% higher than the state median of 39.8 years. 12.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lake Success is $244,079. This is 184% higher than the state median of $85,974. It is also 202% higher than the national median of $80,734. The poverty rate stands at 4.4%. This is 69% lower than the state poverty rate of 14.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.3%. This is 48% lower than the state rate of 6.4%. The median home value is $1,555,000. Housing costs are 267% higher than the state median of $423,800. The home-value-to-income ratio of 6.4x suggests that housing affordability is a significant concern for many residents. 93.2% of occupied housing units are owner-occupied. This homeownership rate is 71% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Lake Success is Asian, making up 56.0% of the population. White (non-Hispanic) residents account for 35.6%. The Black or African American population (2.2%) is well below the state average of 13.4%. The Hispanic or Latino population (2.9%) is well below the state average of 19.8%. The Asian population is significantly higher than the state average (56.0% vs 9.0%).

Education

66.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% higher than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%. Notably, 41.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lake Success, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lake Success, New York?

Lake Success, New York has a population of 2,829 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Success, NY?

The median household income in Lake Success is $244,079, which is 202% higher than the national median of $80,734.

What is the poverty rate in Lake Success, NY?

The poverty rate in Lake Success is 4.4%. This means approximately 118 residents live below the federal poverty line.

What is the racial makeup of Lake Success, New York?

Lake Success's population is 35.6% White, 2.2% Black, 2.9% Hispanic/Latino, and 56.0% Asian.

What is the median home value in Lake Success, NY?

The median home value in Lake Success is $1,555,000. The home-value-to-income ratio is 6.4x.

How educated is Lake Success, New York?

66.6% of adults (25+) in Lake Success hold a bachelor's degree or higher, and 41.3% hold a graduate or professional degree.