Lake Success, NY

Census Place

2024 Population

2,829

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

46.6

0.431% 1-year increase

2024 Poverty Rate

4.4%

192% 1-year increase

2024 Median Household Income

$244,079

1.88% 1-year decline

2024 Median Property Value

Population & Diversity

Lake Success, NY is home to a population of 2.83k people, from which 90.8% are citizens.

As of 2024, 34.1% of Lake Success, NY residents were born outside of the country (966 people).

In 2024, there were 1.57 times more Asian (Non-Hispanic) residents (1.59k people) in Lake Success, NY than any other race or ethnicity. There were 1.01k White (Non-Hispanic) and 63 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.8%

2024 Citizenship

91.1%

2023 Citizenship

As of 2024, 90.8% of Lake Success, NY residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Success, NY was 91.1%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Success, NY

Asian (Non-Hispanic)
1.59k ± 307
White (Non-Hispanic)
1.01k ± 304
Black or African American (Non-Hispanic)
63 ± 50

2.86%

Hispanic Population

81 people

2.86% of the people in Lake Success, NY are hispanic (81 people).

The following chart shows the 8 races represented in Lake Success, NY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.

Most Common Origin

Dominican Republic
492,198 ± 17,010 people
China
414,597 ± 15,642 people
Jamaica
229,554 ± 11,695 people

In 2024, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 492,198 New York residents, followed by China with 414,597 and Jamaica with 229,554.

Foreign-Born Population

34.1%

2024 Foreign-Born Population

966 people

32.7%

2023 Foreign-Born Population

920 people

As of 2024, 34.1% of Lake Success, NY residents (966 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Success, NY was 32.7%, meaning that the rate has been increasing.

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

Military

Veterans

Korea

Most Common Service Period

5 ± 16

The chart shows the distribution of veterans by conflict in Lake Success, NY.

Economy

The economy of Lake Success, NY employs 1.29k people. In 2024, the largest industries in Lake Success, NY were Health Care & Social Assistance (282 people), Professional, Scientific, & Technical Services (170 people), and Retail Trade (155 people), and the highest paying industries were Administrative & Support & Waste Management Services ($250,001), Professional, Scientific, & Management, & Administrative & Waste Management Services ($200,938), and Professional, Scientific, & Technical Services ($198,750).

Employment

Occupations

1.29k

2024 Value

± 244

2.39%

1 Year growth

± 26.3%

From 2023 to 2024, employment in Lake Success, NY grew at a rate of 2.39%, from 1.26k employees to 1.29k employees.

The most common job groups, by number of people living in Lake Success, NY, are Sales & Related Occupations (236 people), Management Occupations (155 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (150 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Success, NY.

Unemployment Insurance Claims

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

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.

Industries

Employment by Industries

1.29k

2024 Value

± 244

2.39%

1 Year growth

± 26.3%

From 2023 to 2024, employment in Lake Success, NY grew at a rate of 2.39%, from 1.26k employees to 1.29k employees.

The most common employment sectors for those who live in Lake Success, NY, are Health Care & Social Assistance (282 people), Professional, Scientific, & Technical Services (170 people), and Retail Trade (155 people). This chart shows the share breakdown of the primary industries for residents of Lake Success, NY, though some of these residents may live in Lake Success, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$112,991

Median earning men ± $39,412

$84,261

Median earning women ± $51,786

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($250,001), Professional, Scientific, & Management, & Administrative & Waste Management Services ($237,500), and Finance & Insurance, & Real Estate & Rental & Leasing ($184,141).

The industries with the best median earnings for women in 2024 are Wholesale Trade ($210,134), Information ($194,688), and Finance & Insurance, & Real Estate & Rental & Leasing ($192,841).

Housing & Living

The median property value in Lake Success, NY was $1.56M in 2024, which is 4.67 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.48M to $1.56M, a 4.78% increase. The homeownership rate in Lake Success, NY is 93.2%, which is higher than the national average of 65.2%.

People in Lake Success, NY have an average commute time of 33.2 minutes, and they drove alone to work. Car ownership in Lake Success, NY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$1.56M

Median Property Value 2024

±$91,157

$714

Median Property Taxes

±$114

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 Success, NY the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

93.2%

Homeownership

2024

74%

Homeowners with Mortgage

2024

In 2024, 93.2% of the housing units in Lake Success, NY were occupied by their owner. This percentage declined from the previous year's rate of 94%.

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

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$244,079

Median Household Income

± $29,496

766

Number of Households

± 101

In 2024, the median household income of the 766 households in Lake Success, NY declined from $244,079 from the previous year's value of $248,750.

The following chart displays the households in Lake Success, 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 $200k+ range.

Wage Distribution

The closest comparable wage GINI for Lake Success, NY is from New York.

0.492

2024 Wage GINI in New York

0.493

2023 Wage GINI in New York

In 2024, the income inequality in New York was 0.492 according to the GINI calculation of the wage distribution. Income inequality had a 0.301% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.474. 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (57%)
Worked At Home (17.2%)
Public Transit (15.2%)

In 2024, 57% of workers in Lake Success, NY drove alone to work, followed by those who worked at home (17.2%) and those who used public transit to get to work (15.2%).

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.

Commute Time

33.2 minutes

Average Travel Time

Using averages, employees in Lake Success, NY have a longer commute time (33.2 minutes) than the normal US worker (26.4 minutes). Additionally, 2.84% of the workforce in Lake Success, NY have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

4.4% of the population for whom poverty status is determined in Lake Success, NY (118 out of 2.68k 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 6 - 11, followed by Females 35 - 44 and then Males 75+.

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

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring