HomeNew YorkFranklin CountySaranac Lake
Saranac Lake, New York: commercial real estate data.
Saranac Lake is a Census village of 4,965 people across 2.91 square miles of land, lying across Franklin County and Essex County. Median household income is $61,967, 47.2 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Saranac Lake
What Saranac Lake is
- Census place typevillage
- Land area2.91 sq mi
- Water area0.25 sq mi
- Population per square mile of land1,706
- County holding the largest share of its areaFranklin County, 59.7 percent
- Counties this place lies inFranklin County 59.7 percent, Essex County 40.3 percent
Saranac Lake crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac Lake
How many people live in Saranac Lake
- Population4,965
- Median age40.7
- Population under 18824 plus or minus 187
- Share under 1816.6 percent plus or minus 3.5
- Population 65 and over1,062
- Share 65 and over21.4 percent
- Households2,542
- Family households1,030
- Share of households that are families40.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac Lake
Income and work in Saranac Lake
- Median household income$61,967
- Per capita income$38,920
- Civilian labor force2,636
- Employed2,557
- Unemployed79 plus or minus 88
- Unemployment rate3.0 percent plus or minus 3.3
- Adults 25 and over3,676
- Adults 25 and over with a high school diploma or higher91.3 percent
- Adults 25 and over with a bachelor degree or higher46.8 percent
- Adults 25 and over with a graduate degree22.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac Lake
Housing in Saranac Lake
- Housing units2,819
- Occupied units2,542
- Vacant units277 plus or minus 123
- Vacancy rate9.8 percent plus or minus 4.3
- Owner occupied1,199
- Renter occupied1,343
- Ownership rate47.2 percent
- Median owner-occupied home value$199,900
- Median gross rent, monthly$853
- Annual rent as a share of median income16.5 percent
- Single family units1,252
- Share single family44.4 percent
- Units in buildings of two or more1,432
- Share in buildings of two or more50.8 percent
- Mobile homes135 plus or minus 82
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac Lake
How Saranac Lake gets to work
- Workers 16 and over who commute2,316
- Commuting under 15 minutes1,265
- Share commuting under 15 minutes54.6 percent
- Commuting 30 minutes or more438 plus or minus 170
- Share commuting 30 minutes or more18.9 percent plus or minus 6.9
- Drove alone67.8 percent
- Carpooled10.7 percent plus or minus 5.6
- Public transport0.8 percent plus or minus 1.1
- Walked11.0 percent plus or minus 4.7
- Worked from home8.9 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Saranac Lake
SBA loans in Saranac Lake (7(a))
- Approvals3
- Gross approval$2,878,000
- Average approval$959,333
- Median approval$713,000
- Largest approval$1,850,000
- Jobs supported29
- Jobs per approval9.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more66.7 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Saranac Lake, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Saranac Lake
SBA loans in Saranac Lake (504)
- Approvals4
- Gross approval$2,077,000
- Average approval$519,250
- Median approval$294,500
- Largest approval$1,290,000
- Jobs supported6
- Loans with a final outcome1
- Charged off1
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Saranac Lake, in any county, FY2010 to FY2026. Only 1 loan has 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.
Saranac Lake
Flood risk in Saranac Lake
- NFIP communityVillage of Saranac Lake
- NFIP community number360273
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/02/92
The Village of Saranac Lake participates in the National Flood Insurance Program as community 360273 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.
Franklin County, not Saranac Lake
Franklin County context, not Saranac Lake figures
- Establishments in Franklin County922
- Covered employment, Franklin County17,453
- Average annual pay, Franklin County$68,442
- Housing units permitted, Franklin County130
Every figure in this section is published for Franklin County as a whole and is not a measurement of Saranac Lake.
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
Saranac Lake questions, answered from the record.
How many people live in Saranac Lake, New York?
4,965, in 2,542 households. Saranac Lake village covers 2.91 square miles of land, which is 1,706 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Saranac Lake in?
Saranac Lake lies in more than one. By area it is 59.7 percent in Franklin County, 40.3 percent in Essex County. This page sits under Franklin County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Saranac Lake?
$61,967. The median owner-occupied home is valued at $199,900. Median gross rent is $853 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Saranac Lake businesses?
3 7(a) approvals totaling $2.9 m since FY2020, across 2 lenders, median approval $713,000, plus 4 504 approvals worth $2.1 m since FY2010. These count approvals to borrowers whose address is in Saranac Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Saranac Lake borrowers get paid back?
No rate is published for Saranac Lake. Only 0 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 Saranac Lake in the National Flood Insurance Program?
Yes. Saranac Lake appears in the FEMA Community Status Book as Saranac Lake, village of, community 360273, 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 Saranac Lake figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin 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 Saranac Lake.
Is zoning published for Saranac Lake?
No. Nothing on this page presents parcel level zoning.
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