Last updated: 2024 BLS data · Page refreshed:
Lake Grove has a population of 11,061 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 11,061 |
| Median Age | 40.1 |
| White | 73.7% |
| Black or African American | 1.4% |
| Asian | 11.0% |
| Hispanic or Latino | 11.7% |
| Other / Two or More Races | 2.2% |
The median household income in Lake Grove is $118,311, which is 46.8% above the national median of $80,610. The per capita income is $49,798. The poverty rate is 8.1%.
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In Lake Grove, 94.6% of residents age 25+ have a high school diploma or higher, and 43.2% hold a bachelor's degree or higher (18.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.6% |
| Bachelor's Degree or Higher | 43.2% |
| Graduate or Professional Degree | 18.8% |
The median home value in Lake Grove is $598,900, above the national median of $303,400. The median monthly rent is $2,184. The homeownership rate is 77.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $598,900 |
| Median Monthly Rent | $2,184 |
| Homeownership Rate | 77.3% |
| Vacancy Rate | 1.8% |
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