Lake Success, NY

Census Place

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2023 Population

2,817

0.283% 1-year decline

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2023 Median Age

46.4

1.49% 1-year decrease

2023 Poverty Rate

1.51%

35.9% 1-year decrease

2023 Median Household Income

$248,750

4.08% 1-year growth

2023 Median Property Value

$1.48M

3.63% 1-year growth

2023 Employed Population

1,256

7.9% 1-year growth

About

In 2023, Lake Success, NY had a population of 2.82k people with a median age of 46.4 and a median household income of $248,750. Between 2022 and 2023 the population of Lake Success, NY declined from 2,825 to 2,817, a −0.283% decrease and its median household income grew from $239,000 to $248,750, a 4.08% increase.

The 5 largest ethnic groups in Lake Success, NY are Asian (Non-Hispanic) (54.8%), White (Non-Hispanic) (38.9%), White (Hispanic) (1.85%), Two+ (Hispanic) (1.56%), and Black or African American (Non-Hispanic) (1.46%).

None of the households in Lake Success, 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.

91.1% of the residents in Lake Success, NY are U.S. citizens.

In 2023, the median property value in Lake Success, NY was $1.48M, and the homeownership rate was 94%.

Most people in Lake Success, NY drove alone to work, and the average commute time was 33.6 minutes. The average car ownership in Lake Success, NY was 2 cars per household.

United States New York Nassau County, NY New York-Newark-Jersey City, NY-NJ-PA Nassau County (Northwest)--North Hempstead Town (North) PUMA, NY Nassau County (West Central)--North Hempstead Town (South) PUMA, NY NYC-Queens Community District 11--Auburndale, Bayside, & Douglaston PUMA, NY NYC-Queens Community District 13--Queens Village, Bellerose, & Rosedale PUMA, NY

Population & Diversity

Lake Success, NY is home to a population of 2.82k people, from which 91.1% are citizens. As of 2023, 32.7% of Lake Success, NY residents were born outside of the country (920 people).

In 2023, there were 1.41 times more Asian (Non-Hispanic) residents (1.54k people) in Lake Success, NY than any other race or ethnicity. There were 1.1k White (Non-Hispanic) and 52 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91.1%

2023 Citizenship

92%

2022 Citizenship

As of 2023, 91.1% of Lake Success, NY residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Lake Success, NY was 92%, 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)
1.54k ± 306
White (Non-Hispanic)
1.1k ± 302
White (Hispanic)
52 ± 59

4.22%

Hispanic Population

119 people

4.22% of the people in Lake Success, NY are hispanic (119 people).

The following chart shows the 7 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
505,872 ± 17,239 people
China
415,960 ± 15,668 people
Jamaica
230,433 ± 11,717 people

In 2022, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 505,872 New York residents, followed by China with 415,960 and Jamaica with 230,433.

Foreign-Born Population

32.7%

2023 Foreign-Born Population

920 people

32.8%

2022 Foreign-Born Population

927 people

As of 2023, 32.7% of Lake Success, NY residents (920 people) were born outside of the United States, which is higher than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Lake Success, NY was 32.8%, meaning that the rate has been decreasing.

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

Most Common Service Period

Korea
6 ± 17
World War II
4 ± 6
Gulf War (2001-)
0 ± 23

Lake Success, NY has a large population of military personnel who served in Korea, 1.5 times greater than any other conflict.

Economy

The economy of Lake Success, NY employs 1.26k people. The largest industries in Lake Success, NY are Health Care & Social Assistance (255 people), Professional, Scientific, & Technical Services (156 people), and Retail Trade (142 people), and the highest paying industries are Administrative & Support & Waste Management Services ($250,001), Public Administration ($193,068), and Finance & Insurance ($187,917).

Males in New York have an average income that is 1.27 times higher than the average income of females, which is $77,694. The income inequality in New York (measured using the Gini index) is 0.494, which is higher than than the national average.

Employment

Occupations

1.26k

2023 Value

± 240

7.9%

1 Year growth

± 25.4%

From 2022 to 2023, employment in Lake Success, NY grew at a rate of 7.9%, from 1.16k employees to 1.26k employees.

The most common job groups, by number of people living in Lake Success, NY, are Sales & Related Occupations (206 people), Business & Financial Operations Occupations (164 people), and Management Occupations (156 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 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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Industries

Employment by Industries

1.26k

2023 Value

± 240

7.9%

1 Year growth

± 25.4%

From 2022 to 2023, employment in Lake Success, NY grew at a rate of 7.9%, from 1.16k employees to 1.26k employees.

The most common employment sectors for those who live in Lake Success, NY, are Health Care & Social Assistance (255 people), Professional, Scientific, & Technical Services (156 people), and Retail Trade (142 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

$108,802

Median earning men ± $36,928

$83,500

Median earning women ± $31,642

The industries with the best median earnings for men in 2023 are Educational Services, & Health Care & Social Assistance ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($208,125), and Manufacturing ($180,000).

The industries with the best median earnings for women in 2023 are Wholesale Trade ($202,778), Finance & Insurance, & Real Estate & Rental & Leasing ($180,500), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($173,750).

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.

Education

Completions

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.

Working Population

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.

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.

Housing & Living

The median property value in Lake Success, NY was $1.48M in 2023, which is 4.89 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $1.43M to $1.48M, a 3.63% increase. The homeownership rate in Lake Success, NY is 94%, which is approximately the same as the national average of 65%.

People in Lake Success, NY have an average commute time of 33.6 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

$1.48M

Median Property Value 2023

±$129,759

$705

Median Property Taxes

±$138

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

94%

Homeownership

2023

77%

Homeowners with Mortgage

2023

In 2023, 94% of the housing units in Lake Success, NY were occupied by their owner. This percentage declined from the previous year's rate of 94.1%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

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

Household Income

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

$248,750

Median Household Income

± $39,913

750

Number of Households

± 96

In 2023, the median household income of the 750 households in Lake Success, NY grew to $248,750 from the previous year's value of $239,000.

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.

0.494

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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (53.9%)
Worked At Home (18.9%)
Public Transit (16.1%)

In 2023, 53.9% of workers in Lake Success, NY drove alone to work, followed by those who worked at home (18.9%) and those who used public transit to get to work (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.

Commute Time

33.6 minutes

Average Travel Time

Using averages, employees in Lake Success, NY have a longer commute time (33.6 minutes) than the normal US worker (26.6 minutes). Additionally, 2.38% 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

1.51% of the population for whom poverty status is determined in Lake Success, NY (39 out of 2.59k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 65 - 74, followed by Females < 5 and then Males 16 - 17.

The most common racial or ethnic group living below the poverty line in Lake Success, NY is Asian, followed by White 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
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

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

Health

98.2% of the population of Lake Success, NY has health coverage, with 54.4% on employee plans, 8.97% on Medicaid, 10.4% on Medicare, 24.4% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Nassau County, NY see 694 patients per year on average, which represents a 0.287% decrease from the previous year (696 patients). Compare this to dentists who see 838 patients per year, and mental health providers who see 290 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Nassau County, NY.

694 to 1

Patient to Primary Care Physician Ratio in Nassau County, NY

Primary care physicians in Nassau County, NY see an average of 694 patients per year. This represents a 0.287% decrease from the previous year (696 patients).

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

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 28.8% under 18 years, 12.3% between 18 and 34 years, 42.6% between 35 and 64 years, and 16.3% over 64 years.

By gender, of the total number of insured persons, 48.2% were men and 51.8% were women.

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

Uninsured People

1.82%

Uninsured

54.4%

Employer Coverage

8.97%

Medicaid

10.4%

Medicare

24.4%

Non-Group

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Lake Success, NY grew by 16.9% from 1.56% to 1.82%.

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

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