Last updated: 2024 BLS data · Page refreshed:
Lake Placid has a population of 2,306 with a median age of 42.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,306 |
| Median Age | 42.0 |
| White | 95.3% |
| Asian | 0.7% |
| Hispanic or Latino | 0.2% |
| Other / Two or More Races | 3.8% |
The median household income in Lake Placid is $41,612, which is 48.4% below the national median of $80,610. The per capita income is $46,841. The poverty rate is 9.0%.
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In Lake Placid, 95.7% of residents age 25+ have a high school diploma or higher, and 42.8% hold a bachelor's degree or higher (16.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 42.8% |
| Graduate or Professional Degree | 16.2% |
The median home value in Lake Placid is $400,000, above the national median of $303,400. The median monthly rent is $1,102. The homeownership rate is 46.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $400,000 |
| Median Monthly Rent | $1,102 |
| Homeownership Rate | 46.2% |
| Vacancy Rate | 31.1% |
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