Putnam Lake, NY

Census Place

2024 Population

3,664

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

45.1

1.74% 1-year decrease

2024 Poverty Rate

9.04%

16.6% 1-year increase

2024 Median Household Income

$103,561

1.64% 1-year decline

2024 Median Property Value

Population & Diversity

Putnam Lake, NY is home to a population of 3.66k people, from which 98% are citizens.

As of 2024, 9.69% of Putnam Lake, NY residents were born outside of the country (355 people).

In 2024, there were 7.1 times more White (Non-Hispanic) residents (2.53k people) in Putnam Lake, NY than any other race or ethnicity. There were 357 Other (Hispanic) and 247 Two Races Excluding Other, & Three or More Races (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98%

2024 Citizenship

95%

2023 Citizenship

As of 2024, 98% of Putnam Lake, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Putnam Lake, NY was 95%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Putnam Lake, NY

White (Non-Hispanic)
2.53k ± 371
Other (Hispanic)
357 ± 217
Two Races Excluding Other, & Three or More Races (Hispanic)
247 ± 240

25.9%

Hispanic Population

950 people

25.9% of the people in Putnam Lake, NY are hispanic (950 people).

The following chart shows the 8 races represented in Putnam Lake, 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

9.69%

2024 Foreign-Born Population

355 people

13.7%

2023 Foreign-Born Population

504 people

As of 2024, 9.69% of Putnam Lake, NY residents (355 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 Putnam Lake, NY was 13.7%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
130 ± 88
Gulf War (1990s)
101 ± 124
Vietnam
19 ± 26

Putnam Lake, NY has a large population of military personnel who served in Gulf War (2001-), 1.29 times greater than any other conflict.

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

Economy

The economy of Putnam Lake, NY employs 2k people. In 2024, the largest industries in Putnam Lake, NY were Public Administration (275 people), Educational Services (245 people), and Health Care & Social Assistance (232 people), and the highest paying industries were Public Administration ($101,472), Professional, Scientific, & Technical Services ($73,750), and Finance & Insurance ($72,978).

Employment

Occupations

2024 Value

± 325

−0.398%

1 Year decline

± 23.5%

From 2023 to 2024, employment in Putnam Lake, NY declined at a rate of −0.398%, from 2.01k employees to 2k employees.

The most common job groups, by number of people living in Putnam Lake, NY, are Management Occupations (313 people), Office & Administrative Support Occupations (285 people), and Business & Financial Operations Occupations (214 people). This chart illustrates the share breakdown of the primary jobs held by residents of Putnam Lake, 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

2024 Value

± 325

−0.398%

1 Year decline

± 23.5%

From 2023 to 2024, employment in Putnam Lake, NY declined at a rate of −0.398%, from 2.01k employees to 2k employees.

The most common employment sectors for those who live in Putnam Lake, NY, are Public Administration (275 people), Educational Services (245 people), and Health Care & Social Assistance (232 people). This chart shows the share breakdown of the primary industries for residents of Putnam Lake, NY, though some of these residents may live in Putnam Lake, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$78,848

Median earning men ± $8,716

$40,417

Median earning women ± $15,685

The industries with the best median earnings for men in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($114,760), Public Administration ($104,375), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($103,438).

The industries with the best median earnings for women in 2024 are Public Administration ($101,230), Finance & Insurance, & Real Estate & Rental & Leasing ($62,353), and Retail Trade ($60,583).

Housing & Living

The median property value in Putnam Lake, NY was $337,000 in 2024, which is 1.01 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $308,600 to $337,000, a 9.2% increase. The homeownership rate in Putnam Lake, NY is 96.2%, which is higher than the national average of 65.2%.

People in Putnam Lake, NY have an average commute time of 39.3 minutes, and they drove alone to work. Car ownership in Putnam Lake, NY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$337,000

Median Property Value 2024

±$26,193

$1,324

Median Property Taxes

±$246

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

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

Rent vs Own

96.2%

Homeownership

2024

64.7%

Homeowners with Mortgage

2024

In 2024, 96.2% of the housing units in Putnam Lake, NY were occupied by their owner. This percentage grew from the previous year's rate of 90.5%.

This chart shows the percentage of owner in Putnam Lake, 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.

$103,561

Median Household Income

± $17,557

1.38k

Number of Households

± 265

In 2024, the median household income of the 1.38k households in Putnam Lake, NY declined from $103,561 from the previous year's value of $105,284.

The following chart displays the households in Putnam Lake, 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 $150k - $200k range.

Wage Distribution

The closest comparable wage GINI for Putnam Lake, 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 (72%)
Worked At Home (11.3%)
Public Transit (8.31%)

In 2024, 72% of workers in Putnam Lake, NY drove alone to work, followed by those who worked at home (11.3%) and those who used public transit to get to work (8.31%).

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

39.3 minutes

Average Travel Time

Using averages, employees in Putnam Lake, NY have a longer commute time (39.3 minutes) than the normal US worker (26.4 minutes). Additionally, 5.61% of the workforce in Putnam Lake, NY have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

9.04% of the population for whom poverty status is determined in Putnam Lake, NY (329 out of 3.64k 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 25 - 34, followed by Males 75+ and then Females 75+.

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

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.

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