HomeNew YorkEssex CountyLake Placid village
Lake Placid village, New York: commercial real estate data.
Lake Placid village is a Census village of 2,306 people across 1.36 square miles of land, in Essex County. Median household income is $41,612, 46.2 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $5.8 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lake Placid
What Lake Placid is
- Census place typevillage
- Land area1.36 sq mi
- Water area0.17 sq mi
- Population per square mile of land1,694
- County holding the largest share of its areaEssex 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
- Population2,306
- Median age42.0 plus or minus 11.0
- Population under 18315 plus or minus 141
- Share under 1813.7 percent plus or minus 5.7
- Population 65 and over385 plus or minus 134
- Share 65 and over16.7 percent plus or minus 5.2
- Households1,488
- Family households516 plus or minus 150
- Share of households that are families34.7 percent plus or minus 8.3
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$41,612
- Per capita income$46,841
- Civilian labor force1,418
- Employed1,402
- Unemployed16 plus or minus 24
- Unemployment rate1.1 percent plus or minus 1.7
- Adults 25 and over1,871
- Adults 25 and over with a high school diploma or higher95.7 percent
- Adults 25 and over with a bachelor degree or higher42.8 percent plus or minus 9.7
- Adults 25 and over with a graduate degree16.2 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
Housing in Lake Placid
- Housing units2,161
- Occupied units1,488
- Vacant units673 plus or minus 184
- Vacancy rate31.1 percent plus or minus 7.5
- Owner occupied688 plus or minus 176
- Renter occupied800 plus or minus 208
- Ownership rate46.2 percent
- Median owner-occupied home value$400,000
- Median gross rent, monthly$1,102
- Annual rent as a share of median income31.8 percent
- Single family units1,199 plus or minus 251
- Share single family55.5 percent
- Units in buildings of two or more962 plus or minus 264
- Share in buildings of two or more44.5 percent plus or minus 10.7
- Mobile homes0
- Median year structure built1967
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 commute1,084 plus or minus 217
- Commuting under 15 minutes655 plus or minus 197
- Share commuting under 15 minutes60.4 percent plus or minus 13.5
- Commuting 30 minutes or more135 plus or minus 78
- Share commuting 30 minutes or more12.5 percent plus or minus 6.7
- Drove alone50.6 percent
- Carpooled10.4 percent plus or minus 5.7
- Public transport5.1 percent plus or minus 6.9
- Walked11.5 percent plus or minus 8.7
- Worked from home21.3 percent plus or minus 7.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Placid
SBA loans in Lake Placid (7(a))
- Approvals9
- Gross approval$5,812,500
- Average approval$645,833
- Median approval$350,000
- Ninetieth percentile approval$2,280,000
- Largest approval$2,280,000
- Jobs supported83
- Jobs per approval9.2
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more22.2 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS6
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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)
- Approvals10
- Gross approval$5,586,000
- Average approval$558,600
- Median approval$506,000
- Largest approval$1,396,000
- Jobs supported32
- Loans with a final outcome3
- Charged off0
- Median term300 months
- Distinct CDCs1
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
- Listed NFIP communities1
- Of those, participating1
- NFIP community number361492
- Currently effective map date(NSFHA)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Essex County, not Lake Placid
Essex County context, not Lake Placid figures
These are Essex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Placid measurements.
- Establishments in Essex County1,186
- Employment at those establishments, Essex County10,192
- Covered employment, Essex County14,768
- Average annual pay, Essex County$58,601
- Average weekly wage, Essex County$1,127
- Housing units permitted, Essex County153
- Of those, single family, Essex County150
- County product, 2024, Essex County$2,335,353,000
- County product change over the prior year, Essex County8.0 percent
- Average income of an arriving household, Essex County$75,807
Every figure in this section is published for Essex County as a whole and is not a measurement of Lake Placid. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake Placid questions, answered from the record.
How many people live in Lake Placid, New York?
2,306, in 1,488 households. Lake Placid village covers 1.36 square miles of land, which is 1,694 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?
Essex 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?
$41,612. The median owner-occupied home is valued at $400,000. Median gross rent is $1,102 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?
9 7(a) approvals totalling $5.8 m, across 5 lenders, median approval $350,000, plus 10 504 approvals worth $5.6 m. 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 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. 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 community 361492, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Essex 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.