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Is Lake Placid, NY a Good Place to Live?
Lake Placid is a small town of 2,280 in New York, with a median household income of $53,475 . Its cost of living index is 101 (US average = 100), which is 1% above the national average.
Strengths: Lake Placid stands out for solid school ratings (A+), a well-educated population, short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Lake Placid is right for you depends on your priorities — the full breakdown is below.
All Lake Placid city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 101.1Lake Placid's overall cost of living index is 101.1, where 100 represents the US national average. Living in Lake Placid costs roughly 1% more than the average American city.
| Metric | Lake Placid, NY | National Avg |
|---|---|---|
| Median Home Value | $374,400 | $244,900 |
| Median Monthly Rent | $938 | $1,163 |
| Homeownership Rate | 55.4% | 65.9% |
| Median Household Income | $53,475 | $74,755 |
Crime & Safety
Very SafeLake Placid's violent crime rate is 10.8 per 100,000 residents — 97% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Lake Placid is served primarily by LAKE PLACID CENTRAL SCHOOL DISTRICT. The student-to-teacher ratio is 8.0:1 (better than the national average of ~16:1).
| Metric | Lake Placid, NY | National Avg |
|---|---|---|
| School District | LAKE PLACID CENTRAL SCHOOL DISTRICT | — |
| Elementary Schools | 1 | — |
| Middle Schools | N/A | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 8.0:1 | 16:1 |
| Bachelor's Degree or Higher | 43.4% | 35.4% |
| High School Diploma or Higher | 95.9% | 91.1% |
Weather & Climate
Lake Placid sees average highs of 23.3°F in January and 74.2°F in July, with 43.8 inches of annual precipitation and 104.1 inches of snow per year.
| Metric | Lake Placid, NY |
|---|---|
| Average High — January | 23.3°F |
| Average High — July | 74.2°F |
| Annual Precipitation | 43.8" |
| Annual Snowfall | 104.1" |
Demographics
| Metric | Lake Placid, NY | National Avg |
|---|---|---|
| Population | 2,280 | — |
| Median Age | 51.2 | 38.9 |
| Unemployment Rate | 0.0% | 3.7% |
| Avg Commute Time | 17.1 min | 26 min |
| White (non-Hispanic) | 93.8% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 4.0% | 18.9% |
| Asian | 0.5% | 6.3% |
| Under 18 | 14.1% | 22.2% |
| 65 and over | 18.8% | 16.8% |
Nearby Cities
ZIP Codes in Lake Placid
Lake Placid, NY is covered by 1 ZIP code: