Lake Success, NY

Census Place

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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
$1.56M
4.78% 1-year growth
2024 Employed Population
1,286
2.39% 1-year growth

About

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.

90.8% of the residents in Lake Success, NY are U.S. citizens.

In 2024, the median property value in Lake Success, NY was $1.56M, and the homeownership rate was 93.2%.

Most people in Lake Success, NY drove alone to work, and the average commute time was 33.2 minutes. The average car ownership in Lake Success, NY was 2 cars per household.

United StatesNew YorkNassau County, NYNew York-Newark-Jersey City, NY-NJ-PANassau County (Northwest)--North Hempstead Town (North) PUMA, NYNassau County (West Central)--North Hempstead Town (South) PUMA, NYNYC-Queens Community District 11--Auburndale, Bayside, & Douglaston PUMA, NYNYC-Queens Community District 13--Queens Village, Bellerose, & Rosedale PUMA, NY

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.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Success, NY
  1. Asian (Non-Hispanic)
    1.59k ± 307
  2. White (Non-Hispanic)
    1.01k ± 304
  3. Black or African American (Non-Hispanic)
    63 ± 50
2.86%
Hispanic Population
81 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.

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.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.
Most Common Origin
  1. Dominican Republic
    493,200 ± 17,027 people
  2. China
    410,969 ± 15,575 people
  3. Jamaica
    234,174 ± 11,811 people

In 2023, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 493,200 New York residents, followed by China with 410,969 and Jamaica with 234,174.

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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.

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Military

Veterans

Korea
Most Common Service Period
5 ± 16

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

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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.

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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.

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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.

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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).

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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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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.

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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.

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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.

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Wage Distribution

The closest comparable wage GINI for Lake Success, NY is from New York.
0.493
2023 Wage GINI in New York
0.494
2022 Wage GINI in New York

In 2023, the income inequality in New York was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.0797% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.476. 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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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (57%)
  2. Worked At Home (17.2%)
  3. 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.

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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.

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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.

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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.

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Health

96.7% of the population of Lake Success, NY has health coverage, with 52.7% on employee plans, 9.86% on Medicaid, 10.8% on Medicare, 23.4% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New York see 1,245 patients per year on average, which represents a 0% change from the previous year (1,245 patients). Compare this to dentists who see 1205 patients per year, and mental health providers who see 265 patients per year.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 28% under 18 years, 10.3% between 18 and 34 years, 43.6% between 35 and 64 years, and 18.2% over 64 years.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

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

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Uninsured People

3.27%
Uninsured
52.7%
Employer Coverage
9.86%
Medicaid
10.8%
Medicare
23.4%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Lake Success, NY grew by 80.1% from 1.82% to 3.27%.

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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