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Saranac Lake, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,965
Population
$61,967
Median Income
$199,900
Home Value
40.7
Median Age

Demographics

Saranac Lake has a population of 4,965 with a median age of 40.7. Here is the racial and ethnic breakdown of the population:

White
91.7%
Hispanic
3.6%
Other
2.2%
Asian
1.6%
Black
0.9%
Demographic Value
Total Population4,965
Median Age40.7
White91.7%
Black or African American0.9%
Asian1.6%
Hispanic or Latino3.6%
Other / Two or More Races2.2%
Saranac Lake, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.7%Hispanic/Latino: 3.6%Other: 2.5%Other: 2.2%4,965PopulationWhiteWhite91.7%Hispanic/LatinoHispanic/Latino3.6%OtherOther2.5%OtherOther2.2%

Income & Economy

The median household income in Saranac Lake is $61,967, which is 23.1% below the national median of $80,610. The per capita income is $38,920. The poverty rate is 17.7%.

$61,967
Median Household Income
$38,920
Per Capita Income
17.7%
Poverty Rate

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Education

In Saranac Lake, 91.3% of residents age 25+ have a high school diploma or higher, and 46.8% hold a bachelor's degree or higher (22.2% with a graduate or professional degree).

HS Diploma+
91.3%
Bachelor's+
46.8%
Graduate+
22.2%
Education Level % of Adults (25+)
High School Diploma or Higher91.3%
Bachelor's Degree or Higher46.8%
Graduate or Professional Degree22.2%

Housing

The median home value in Saranac Lake is $199,900, below the national median of $303,400. The median monthly rent is $853. The homeownership rate is 47.2%.

$199,900
Median Home Value
$853/mo
Median Rent
47.2%
Homeownership Rate
Housing Metric Value
Median Home Value$199,900
Median Monthly Rent$853
Homeownership Rate47.2%
Vacancy Rate9.8%

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Frequently Asked Questions

What is the population of Saranac Lake, New York?
The population of Saranac Lake, New York is 4,965 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Saranac Lake, New York?
The median household income in Saranac Lake, New York is $61,967. This is 23.1% below the national median of $80,610.
What is the median home value in Saranac Lake, New York?
The median home value in Saranac Lake, New York is $199,900. The median monthly rent is $853.
What percentage of people in Saranac Lake have a college degree?
In Saranac Lake, New York, 46.8% of adults age 25 and older hold a bachelor's degree or higher, and 91.3% have a high school diploma or higher.
Is Saranac Lake, New York an affordable place to live?
The home price-to-income ratio in Saranac Lake, New York is 3.2x (median home value $199,900 vs. median income $61,967), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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