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Saranac Lake, New York Demographics & Population 2026

During the 2020–2024 ACS period, Saranac Lake, New York had a total population of 4,965, the 358th largest village in New York, with a median household income of $61,967, which is 28% lower than the state average. The poverty rate is 17.7%.

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

Saranac Lake Quick Facts

Population 4,965
Median Household Income $61,967
Median Home Value $199,900
Poverty Rate 17.7%
Unemployment Rate 3.0%
Median Age 40.7 years
Homeownership Rate 47.2%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 46.8%
High School Graduation Rate 91.3%
Diversity Index 18/100
Population 4,965 358th of 1,289
Median Income $61,967 bottom 30%
Poverty Rate 17.7% 42% higher than national
Median Home Value $199,900 average

How Saranac Lake 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
Population5,0994,965-2.6%
Median household income$60,494$61,967+2.4%
Median home value$188,900$199,900+5.8%

How Saranac Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 20.3%
$25K-$50K 22.1%
$50K-$100K 32.0%
$100K+ 25.6%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
6.1%
$15K-$20K
4.1%
$20K-$25K
4.5%
$25K-$30K
2.8%
$30K-$35K
4.4%
$35K-$40K
5.7%
$40K-$45K
3.4%
$45K-$50K
5.8%
$50K-$60K
5.7%
$60K-$75K
12.4%
$75K-$100K
13.9%
$100K-$125K
10.5%
$125K-$150K
5.0%
$150K-$200K
5.6%
$200K+
4.5%

Employment

3.0% Unemployment Rate State: 6.4%|National: 5.2%
62.0% Labor Force Participation

Housing Overview

Owner 47.2%
Renter 52.8%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $853/mo 16.5% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Saranac Lake Rankings in New York

#358 Population of 1,289
#921 Median Income of 1,219
#397 Education of 1,288
#727 Home Value of 1,232

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Malone 5,429 $60,548 22.2% $107,600
Tupper Lake 2,929 $56,902 22.5% $117,300
Fort Covington 1,041 $68,750 14.1% $112,500
Chateaugay 724 $79,643 23.6% $132,100
Paul Smiths 623 N/A 0.0% N/A
Brushton 504 $54,635 22.6% $111,200
St. Regis Falls 316 $55,625 9.5% $102,600
Burke 165 $66,250 11.5% $126,400

Cities Similar to Saranac Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Liberty5,142$64,913$181,90015.9%14.6%
Penn Yan4,714$60,190$152,70021.8%12.8%
Wellsville4,923$55,096$91,20025.8%19.9%
Hamlin4,987$73,314$134,50022.1%14.7%
Chittenango4,831$70,786$182,50031.3%14.6%

Population Overview

Saranac Lake is a small community located in New York, within Franklin County. The total population is 4,965. It ranks as the 358th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Saranac Lake is 40.7 years. This is 2% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Saranac Lake is $61,967. This is 28% lower than the state median of $85,974. It is also 23% lower than the national median of $80,734. The poverty rate stands at 17.7%. This is 26% higher than the state poverty rate of 14.0%. The unemployment rate is 3.0%. This is 53% lower than the state rate of 6.4%. The median home value is $199,900. Housing costs are 53% lower than the state median of $423,800. The home-value-to-income ratio is 3.2x. 47.2% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 54.4%.

Race & Ethnicity

Saranac Lake has a predominantly White (non-Hispanic) population, comprising 90.3% of all residents. Hispanic or Latino residents account for 3.6%. The White (non-Hispanic) population is significantly higher than the state average (90.3% vs 52.8%). The Black or African American population (0.8%) is well below the state average of 13.4%. The Hispanic or Latino population (3.6%) is well below the state average of 19.8%. The Asian population (1.6%) is well below the state average of 9.0%.

Education

46.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% 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 91.3%. Notably, 22.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Saranac Lake, 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 Saranac Lake, New York?

Saranac Lake, New York has a population of 4,965 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Saranac Lake is $61,967, which is 23% lower than the national median of $80,734.

What is the poverty rate in Saranac Lake, NY?

The poverty rate in Saranac Lake is 17.7%. This means approximately 851 residents live below the federal poverty line.

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

Saranac Lake's population is 90.3% White, 0.8% Black, 3.6% Hispanic/Latino, and 1.6% Asian.

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

The median home value in Saranac Lake is $199,900. The home-value-to-income ratio is 3.2x.

How educated is Saranac Lake, New York?

46.8% of adults (25+) in Saranac Lake hold a bachelor's degree or higher, and 22.2% hold a graduate or professional degree.