HomeFloridaHighlands CountyLake Placid
Lake Placid, Florida: commercial real estate data.
Lake Placid is a Census town of 2,477 people across 4.69 square miles of land, in Highlands County. Median household income is $47,018, 57.3 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $5.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Placid
What Lake Placid is
- Census place typetown
- Land area4.69 sq mi
- Water area0.05 sq mi
- Population per square mile of land529
- County holding the largest share of its areaHighlands County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
How many people live in Lake Placid
- Population2,477
- Median age39.5
- Population under 18566 plus or minus 192
- Share under 1822.9 percent plus or minus 7.7
- Population 65 and over625 plus or minus 156
- Share 65 and over25.2 percent plus or minus 6.3
- Households1,009
- Family households624
- Share of households that are families61.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
Income and work in Lake Placid
- Median household income$47,018 plus or minus $11,553
- Per capita income$25,012
- Civilian labor force1,024
- Employed941
- Unemployed83 plus or minus 96
- Unemployment rate8.1 percent plus or minus 9.3
- Adults 25 and over1,761
- Adults 25 and over with a high school diploma or higher76.3 percent
- Adults 25 and over with a bachelor degree or higher21.5 percent plus or minus 6.2
- Adults 25 and over with a graduate degree7.6 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
Housing in Lake Placid
- Housing units1,164
- Occupied units1,009
- Vacant units155 plus or minus 82
- Vacancy rate13.3 percent plus or minus 6.8
- Owner occupied578 plus or minus 144
- Renter occupied431 plus or minus 109
- Ownership rate57.3 percent plus or minus 12.0
- Median owner-occupied home value$261,300 plus or minus $83,404
- Median gross rent, monthly$1,046
- Annual rent as a share of median income26.7 percent plus or minus 8.3
- Single family units804
- Share single family69.1 percent
- Units in buildings of two or more300 plus or minus 104
- Share in buildings of two or more25.8 percent plus or minus 8.1
- Mobile homes60 plus or minus 60
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
How Lake Placid gets to work
- Workers 16 and over who commute858 plus or minus 192
- Commuting under 15 minutes299 plus or minus 138
- Share commuting under 15 minutes34.8 percent plus or minus 14.0
- Commuting 30 minutes or more362 plus or minus 171
- Share commuting 30 minutes or more42.2 percent plus or minus 17.5
- Drove alone67.0 percent
- Carpooled18.5 percent plus or minus 12.3
- Public transport0.0 percent
- Walked3.9 percent plus or minus 4.1
- Worked from home8.8 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
SBA loans in Lake Placid (7(a))
- Approvals23
- Gross approval$5,526,600
- Average approval$240,287
- Median approval$75,600
- Ninetieth percentile approval$460,000
- Largest approval$1,571,100
- Jobs supported124
- Jobs per approval5.4
- Loans with a final outcome3
- Paid in full1
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more13.0 percent
- Share to franchises4.3 percent
- Distinct lenders8
- Distinct industries by NAICS19
Counted by borrower city: approvals to borrowers whose address is in Lake Placid, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Placid
SBA loans in Lake Placid (504)
- Approvals1
- Gross approval$780,000
- Average approval$780,000
- Median approval$780,000
- Largest approval$780,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Lake Placid, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Placid
Flood risk in Lake Placid
- NFIP communityTown of Lake Placid
- NFIP community number120068
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/18/15
The Town of Lake Placid participates in the National Flood Insurance Program as community 120068 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Highlands County, not Lake Placid
Highlands County context, not Lake Placid figures
- Establishments in Highlands County2,138
- Covered employment, Highlands County28,823
- Average annual pay, Highlands County$47,926
- Housing units permitted, Highlands County980
Every figure in this section is published for Highlands County as a whole and is not a measurement of Lake Placid.
All Highlands County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Placid questions, answered from the record.
How many people live in Lake Placid, Florida?
2,477, in 1,009 households. Lake Placid town covers 4.69 square miles of land, which is 529 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Placid in?
Highlands County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Placid?
$47,018. The median owner-occupied home is valued at $261,300. Median gross rent is $1,046 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Placid businesses?
23 7(a) approvals totaling $5.5 m since FY2020, across 8 lenders, median approval $75,600, plus 1 504 approvals worth $780,000 since FY2010. These count approvals to borrowers whose address is in Lake Placid, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Placid borrowers get paid back?
No rate is published for Lake Placid. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake Placid in the National Flood Insurance Program?
Yes. Lake Placid appears in the FEMA Community Status Book as Lake Placid, town of, community 120068, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Placid figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Highlands County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Placid.
Is zoning published for Lake Placid?
No. Nothing on this page presents parcel level zoning.
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