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Lake Success, NY&

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Population
3,027
1.41% growth
Median Age
50.9
Median Household Income
$173,533
9.2% growth
Poverty Rate
5.73%
Number of Employees
1,179
5.27% growth
Median Property Value
$1.18M
18.2% growth

Economy

The economy of Lake Success, NY employs 1,179 people. The economy of Lake Success, NY is specialized in Real Estate, Rental & Leasing; Finance & Insurance; and Healthcare & Social Assistance, which employ respectively 3.16; 2.23; and 2.03 times more people than what would be expected in a location of this size. The largest industries in Lake Success, NY are Healthcare & Social Assistance (333), Finance & Insurance (126), and Retail trade (125), and the highest paying industries are Professional, Scientific, Tech Services ($150,417), Healthcare & Social Assistance ($137,917), and Finance & Insurance ($115,625).

Median household income in Lake Success, NY is $173,533. Males in Lake Success, NY have an average income that is 1.86 times higher than the average income of females, which is $85,502. The income inequality of Lake Success, NY (measured using the Gini index) is 0.578 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake Success, NY. In Nassau County, NY the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 146 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,155. Bronx County, NY has the highest prevalence of homicides of any county in New York.

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Showing data across all counties in New York.

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Diversity

Lake Success, NY is home to a population of 3,027 people, from which 94.2% are citizens. The ethnic composition of the population of Lake Success, NY is composed of 1,527 White residents (50.4%), 1,134 Asian residents (37.5%), 194 Black residents (6.41%), 128 Hispanic residents (4.23%), and 28 Two+ residents (0.93%). The most common foreign languages in Lake Success, NY are Chinese (574 speakers), Korean (231 speakers), and Spanish (81 speakers), but compared to other places, Lake Success, NY has a relative high number of Hebrew (58 speakers), Korean (231 speakers), and Chinese (574 speakers).

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Education

In 2015 universities in North Hempstead Town (North) PUMA, NY awarded 234 degrees. The student population of North Hempstead Town (North) PUMA, NY is skewed away from females, with 204 male students and 30 female students. Most students in North Hempstead Town (North) PUMA, NY are White (182 and 77.8%), followed by Hispanic or Latino (19 and 8.12%), Asian (15 and 6.41%), and Unknown (6 and 2.56%). The largest universities in North Hempstead Town (North) PUMA, NY by number of graduates are United States Merchant Marine Academy (231 and 98.7%), Elmezzi Graduate School of Molecular Medicine (3 and 1.28%), and N/A (N/A and N/A). The most popular majors in North Hempstead Town (North) PUMA, NY are Marine Science & Merchant Marine Officer (116 and 49.6%), Naval Architecture & Marine Engineering (59 and 25.2%), and Systems Engineering (52 and 22.2%). The median tuition costs in North Hempstead Town (North) PUMA, NY are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Lake Success, NY is $1.18M, which is 6.08 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $1M to $1.18M, a 18.2% increase. The homeownership rate of Lake Success, NY is 97.6%, which is higher than the national average of 63.9%. People in Lake Success, NY have an average commute time of 29.1 minutes, and they commute by Drove Alone. Car ownership in Lake Success, NY is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
New York
state
Nassau County, NY
county
New York-Newark-Jersey City, NY-NJ-PA Metro Area
metropolitan statistical area
Nassau County (Northwest)--North Hempstead Town (North) PUMA
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