HomeNew YorkSuffolk CountyLake Grove village
Lake Grove village, New York: commercial real estate data.
Lake Grove village is a Census village of 11,061 people across 2.95 square miles of land, in Suffolk County. Median household income is $118,311, 77.3 percent of occupied homes are owned, and the SBA record carries 21 7(a) approvals to borrowers here worth $7.7 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lake Grove
What Lake Grove is
- Census place typevillage
- Land area2.95 sq mi
- Water area0 sq mi
- Population per square mile of land3,754
- County holding the largest share of its areaSuffolk 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 Grove
How many people live in Lake Grove
- Population11,061
- Median age40.1
- Population under 182,493 plus or minus 521
- Share under 1822.5 percent plus or minus 4.7
- Population 65 and over1,946
- Share 65 and over17.6 percent
- Households3,775
- Family households2,710
- Share of households that are families71.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Grove
Income and work in Lake Grove
- Median household income$118,311
- Per capita income$49,798
- Civilian labor force5,420
- Employed5,139
- Unemployed281 plus or minus 122
- Unemployment rate5.2 percent plus or minus 2.2
- Adults 25 and over7,509
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher43.2 percent
- Adults 25 and over with a graduate degree18.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Grove
Housing in Lake Grove
- Housing units3,843
- Occupied units3,775
- Vacant units68 plus or minus 59
- Vacancy rate1.8 percent plus or minus 1.5
- Owner occupied2,917
- Renter occupied858 plus or minus 277
- Ownership rate77.3 percent
- Median owner-occupied home value$598,900
- Median gross rent, monthly$2,184
- Annual rent as a share of median income22.2 percent plus or minus 5.1
- Single family units3,155
- Share single family82.1 percent
- Units in buildings of two or more688 plus or minus 218
- Share in buildings of two or more17.9 percent plus or minus 5.5
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Grove
How Lake Grove gets to work
- Workers 16 and over who commute4,442
- Commuting under 15 minutes580 plus or minus 144
- Share commuting under 15 minutes13.1 percent plus or minus 3.0
- Commuting 30 minutes or more2,194
- Share commuting 30 minutes or more49.4 percent
- Drove alone75.1 percent
- Carpooled6.1 percent plus or minus 2.7
- Public transport4.3 percent plus or minus 2.1
- Walked0.2 percent plus or minus 0.3
- Worked from home11.7 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Grove
SBA loans in Lake Grove (7(a))
- Approvals21
- Gross approval$7,714,100
- Average approval$367,338
- Median approval$230,500
- Ninetieth percentile approval$1,114,000
- Largest approval$2,100,000
- Jobs supported378
- Jobs per approval18.0
- Loans with a final outcome2
- Paid in full1
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises23.8 percent
- Distinct lenders10
- Distinct industries by NAICS14
A charge-off rate is not published here. only 2 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 Grove
SBA loans in Lake Grove (504)
- Approvals1
- Gross approval$557,000
- Average approval$557,000
- Median approval$557,000
- Largest approval$557,000
- Jobs supported1
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Grove
Flood risk in Lake Grove
- Listed NFIP communities1
- Of those, participating1
- NFIP community number361624
- 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.
Suffolk County, not Lake Grove
Suffolk County context, not Lake Grove figures
These are Suffolk 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 Grove measurements.
- Establishments in Suffolk County50,748
- Employment at those establishments, Suffolk County592,580
- Covered employment, Suffolk County679,594
- Average annual pay, Suffolk County$79,121
- Average weekly wage, Suffolk County$1,522
- Housing units permitted, Suffolk County1,407
- Of those, single family, Suffolk County1,137
- County product, 2024, Suffolk County$139,014,125,000
- County product change over the prior year, Suffolk County5.9 percent
- Average income of an arriving household, Suffolk County$144,254
Every figure in this section is published for Suffolk County as a whole and is not a measurement of Lake Grove. 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 Grove questions, answered from the record.
How many people live in Lake Grove, New York?
11,061, in 3,775 households. Lake Grove village covers 2.95 square miles of land, which is 3,754 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Grove in?
Suffolk 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 Grove?
$118,311. The median owner-occupied home is valued at $598,900. Median gross rent is $2,184 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 Grove businesses?
21 7(a) approvals totalling $7.7 m, across 10 lenders, median approval $230,500, plus 1 504 approvals worth $557,000. These count approvals to borrowers whose address is in Lake Grove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Grove borrowers get paid back?
No rate is published for Lake Grove. only 2 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 Grove in the National Flood Insurance Program?
Yes. Lake Grove appears in the FEMA Community Status Book as community 361624, 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 Grove figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Suffolk 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 Grove.
Is zoning published for Lake Grove?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.