Lake Placid, NY

Census Place

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2022 Population
2,280
2.66% 1-year growth
US Senator
Chuck Schumer
Democratic Party
US Senator
Kirsten Gillibrand
Democratic Party
2022 Median Age
51.2
15.6% 1-year increase
2022 Poverty Rate
12%
17.9% 1-year decrease
2022 Median Household Income
$53,475
13.7% 1-year growth
2022 Median Property Value
$374,400
17.4% 1-year growth

About

In 2022, Lake Placid, NY had a population of 2.28k people with a median age of 51.2 and a median household income of $53,475. Between 2021 and 2022 the population of Lake Placid, NY grew from 2,221 to 2,280, a 2.66% increase and its median household income grew from $47,050 to $53,475, a 13.7% increase.

The 5 largest ethnic groups in Lake Placid, NY are White (Non-Hispanic) (93.5%), Two+ (Hispanic) (2.72%), Other (Non-Hispanic) (1.62%), Two+ (Non-Hispanic) (1.01%), and Asian (Non-Hispanic) (0.482%).

None of the households in Lake Placid, NY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

88.4% of the residents in Lake Placid, NY are U.S. citizens.

In 2022, the median property value in Lake Placid, NY was $374,400, and the homeownership rate was 55.4%.

Most people in Lake Placid, NY drove alone to work, and the average commute time was 17.1 minutes. The average car ownership in Lake Placid, NY was 2 cars per household.

Population & Diversity

Lake Placid, NY is home to a population of 2.28k people, from which 88.4% are citizens. As of 2022, 18.6% of Lake Placid, NY residents were born outside of the country (424 people).

In 2022, there were 34.4 times more White (Non-Hispanic) residents (2.13k people) in Lake Placid, NY than any other race or ethnicity. There were 62 Two+ (Hispanic) and 37 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

88.4%
2022 Citizenship
88.8%
2021 Citizenship

As of 2022, 88.4% of Lake Placid, NY residents were US citizens, which is lower than the national average of 93.5%. In 2021, the percentage of US citizens in Lake Placid, NY was 88.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Lake Placid, NY compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Lake Placid, NY
  1. White (Non-Hispanic)
    2.13k ± 375
  2. Two+ (Hispanic)
    62 ± 70.2
  3. Other (Non-Hispanic)
    37 ± 59
3.03%
Hispanic Population
69 people

In 2022, there were 34.4 times more White (Non-Hispanic) residents (2.13k people) in Lake Placid, NY than any other race or ethnicity. There were 62 Two+ (Hispanic) and 37 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

3.03% of the people in Lake Placid, NY are hispanic (69 people).

The following chart shows the 7 races represented in Lake Placid, NY as a share of the total population.

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Foreign-Born Population

18.6%
2022 Foreign-Born Population
424 people
17.8%
2021 Foreign-Born Population
396 people

As of 2022, 18.6% of Lake Placid, NY residents (424 people) were born outside of the United States, which is higher than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Lake Placid, NY was 17.8%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lake Placid, NY compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (1990s)
    67 ± 95
  2. Vietnam
    41 ± 45
  3. World War II
    11 ± 19

Lake Placid, NY has a large population of military personnel who served in Gulf War (1990s), 1.63 times greater than any other conflict.

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Economy

The economy of Lake Placid, NY employs 1.31k people. The largest industries in Lake Placid, NY are Accommodation & Food Services (335 people), Health Care & Social Assistance (160 people), and Professional, Scientific, & Technical Services (154 people), and the highest paying industries are Arts, Entertainment, & Recreation ($91,875), Professional, Scientific, & Technical Services ($76,500), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($76,333).

Occupations

1.31k
2022 Value
± 309
8.71%
1 Year growth
± 31%

From 2021 to 2022, employment in Lake Placid, NY grew at a rate of 8.71%, from 1.21k employees to 1.31k employees.

The most common job groups, by number of people living in Lake Placid, NY, are Food Preparation & Serving Related Occupations (227 people), Management Occupations (215 people), and Office & Administrative Support Occupations (215 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Placid, NY.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

1.31k
2022 Value
± 309
8.71%
1 Year growth
± 31%

From 2021 to 2022, employment in Lake Placid, NY grew at a rate of 8.71%, from 1.21k employees to 1.31k employees.

The most common employment sectors for those who live in Lake Placid, NY, are Accommodation & Food Services (335 people), Health Care & Social Assistance (160 people), and Professional, Scientific, & Technical Services (154 people). This chart shows the share breakdown of the primary industries for residents of Lake Placid, NY, though some of these residents may live in Lake Placid, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$58,500
Median earning men ± $25,085
$27,894
Median earning women ± $19,519

The industries with the best median earnings for men in 2022 are Construction ($90,333), Transportation & Warehousing, & Utilities ($73,228), and Finance & Insurance, & Real Estate & Rental & Leasing ($70,765).

The industries with the best median earnings for women in 2022 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($112,972), Educational Services, & Health Care & Social Assistance ($69,184), and Finance & Insurance, & Real Estate & Rental & Leasing ($29,400).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New York.
Y-Axis
2.74%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.56M people employed in New York. This represents a 2.74% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 19.7%.

The following chart shows monthly employment numbers for each industry sector in New York.

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Civics

In the 2020 presidential election, the popular vote in New York went to Joseph R Biden Jr. with 60.4% of the vote. The runner-up was Donald J. Trump (37.5%), followed by Other (0.813%).

Chuck Schumer and Kirsten Gillibrand are the senators currently representing the state of New York. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

New York is currently represented by 26 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from New York

Senatorial voting results are only available at the state level. Showing data for New York.
Chuck Schumer
Senator from New York3
Assumed office on January 3, 1999
Kirsten Gillibrand
Senator from New York1
Assumed office on January 26, 2009
Appointed to the seat following the resignation of Hillary Clinton, who had become Secretary of State.

Chuck Schumer and Kirsten Gillibrand are the senators currently representing New York.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in New York over time, excluding special elections, colored by their political party.

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US Representatives from New York

New York is currently represented by 26 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for New York have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for New York.
Measure

In 2022, 1.7% of men over 25 years of age had not completed any academic degree (no schooling), while 1.75% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New York.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (4.04M), Bachelors Degree (3.33M), and Some college (2.79M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Lake Placid, NY was $374,400 in 2022, which is 1.33 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $319,000 to $374,400, a 17.4% increase. The homeownership rate in Lake Placid, NY is 55.4%, which is approximately the same as the national average of 64.8%.

People in Lake Placid, NY have an average commute time of 17.1 minutes, and they drove alone to work. Car ownership in Lake Placid, NY is approximately the same as the national average, with an average of 2 cars per household.

Property

$374,400
Median Property Value 2022
±$94,499
$724
Median Property Taxes
±$210

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Placid, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Lake Placid, NY compared to it's parent and neighbor geographies.

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Rent vs Own

55.4%
Homeownership
2022
72%
Homeowners with Mortgage
2022

In 2022, 55.4% of the housing units in Lake Placid, NY were occupied by their owner. This percentage grew from the previous year's rate of 50%.

This chart shows the percentage of owner in Lake Placid, NY compared it's parent and neighboring geographies.

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Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Lake Placid, NY colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$53,475
Median Household Income
± $25,009
1.31k
Number of Households
± 303

In 2022, the median household income of the 1.31k households in Lake Placid, NY grew to $53,475 from the previous year's value of $47,050.

The following chart displays the households in Lake Placid, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

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Wage Distribution

The closest comparable wage GINI for Lake Placid, NY is from New York.
0.494
2022 Wage GINI in New York
0.493
2021 Wage GINI in New York

In 2022, the income inequality in New York was 0.494 according to the GINI calculation of the wage distribution. Income inequality had a 0.125% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New York was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (54.6%)
  2. Walked (20.2%)
  3. Worked At Home (16.1%)

In 2022, 54.6% of workers in Lake Placid, NY drove alone to work, followed by those who walked to work (20.2%) and those who worked at home (16.1%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

17.1 minutes
Average Travel Time

Using averages, employees in Lake Placid, NY have a shorter commute time (17.1 minutes) than the normal US worker (26.7 minutes). Additionally, 2.83% of the workforce in Lake Placid, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Placid, NY compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Lake Placid, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Placid, NY have 2 cars.

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Poverty & Diversity

12% of the population for whom poverty status is determined in Lake Placid, NY (270 out of 2.26k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 18 - 24 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Lake Placid, NY is White, followed by Two Or More and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

98.5% of the population of Lake Placid, NY has health coverage, with 37.1% on employee plans, 14.4% on Medicaid, 17.2% on Medicare, 29.8% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Essex County, NY see 2635 patients per year on average, which represents a 1.09% decrease from the previous year (2664 patients). Compare this to dentists who see 3074 patients per year, and mental health providers who see 605 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Essex County, NY.
2,635 to 1
Patient to Primary Care Physician Ratio in Essex County, NY

Primary care physicians in Essex County, NY see an average of 2,635 patients per year. This represents a 1.09% decrease from the previous year (2,664 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Essex County, NY in comparison to its neighboring geographies.

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Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 14.1% under 18 years, 23.3% between 18 and 34 years, 43.8% between 35 and 64 years, and 18.8% over 64 years.

By gender, of the total number of insured persons, 41.4% were men and 58.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.49%
Uninsured
37.1%
Employer Coverage
14.4%
Medicaid
17.2%
Medicare
29.8%
Non-Group
0%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Lake Placid, NY declined by 32.4% from 2.21% to 1.49%.

The following chart shows how the percent of uninsured individuals in Lake Placid, NY changed over time compared with the percent of individuals enrolled in various types of health insurance.

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