Last updated: 2024 BLS data · Page refreshed:
Lake Placid has a population of 2,477 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,477 |
| Median Age | 39.5 |
| White | 49.9% |
| Black or African American | 9.9% |
| Asian | 0.3% |
| Hispanic or Latino | 49.2% |
The median household income in Lake Placid is $47,018, which is 41.7% below the national median of $80,610. The per capita income is $25,012. The poverty rate is 23.8%.
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In Lake Placid, 76.3% of residents age 25+ have a high school diploma or higher, and 21.5% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.3% |
| Bachelor's Degree or Higher | 21.5% |
| Graduate or Professional Degree | 7.6% |
The median home value in Lake Placid is $261,300, below the national median of $303,400. The median monthly rent is $1,046. The homeownership rate is 57.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $261,300 |
| Median Monthly Rent | $1,046 |
| Homeownership Rate | 57.3% |
| Vacancy Rate | 13.3% |
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