HomeNew YorkSuffolk CountyLake Grove
Lake Grove, New York: commercial real estate data.
Lake Grove 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 since FY2020.
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
Counted by borrower city: approvals to borrowers whose address is in Lake Grove, in any county, FY2020 to FY2026. Only 2 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 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
Counted by borrower city: approvals to borrowers whose address is in Lake Grove, 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 Grove
Flood risk in Lake Grove
- NFIP communityVillage of Lake Grove
- NFIP community number361624
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The Village of Lake Grove participates in the National Flood Insurance Program as community 361624 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.
Suffolk County, not Lake Grove
Suffolk County context, not Lake Grove figures
- Establishments in Suffolk County50,748
- Covered employment, Suffolk County679,594
- Average annual pay, Suffolk County$79,121
- Housing units permitted, Suffolk County1,407
Every figure in this section is published for Suffolk County as a whole and is not a measurement of Lake Grove.
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 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 totaling $7.7 m since FY2020, across 10 lenders, median approval $230,500, plus 1 504 approvals worth $557,000 since FY2010. 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 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 Grove in the National Flood Insurance Program?
Yes. Lake Grove appears in the FEMA Community Status Book as Lake Grove, village of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.