Lake Placid, NY Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Lake Placid is 7% lower than the national average
The median household income in Lake Placid is 25% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lake Placid is 100% lower than the national average
The poverty level in Lake Placid is 33% higher than the national average

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am i middle class

$27,601 $41,406 $82,812

City

$40,489 $60,741 $121,482

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Lake Placid median earnings by income bracket

Lake Placid employment by industry

Labour Type	Male	Female
Construction industry	9.5%	9.5%
Manufacturing sector	0.0%	0.0%
Financial & insurance services	2.8%	2.8%
Wholesale & retail services	19.3%	19.3%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	7.6%	7.6%
Education, health & social services	5.4%	5.4%
Other	55.4%	55.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wilmington, NY	772	$68,438	23.7%
Saranac Lake, NY	5,548	$51,209	7.4%
Paul Smiths, NY	614	$0	100.0%
Lake Placid, NY	2,229	$41,406	25.2%

Cities with similar population

City	Population	Household Income	National Avg.
Seneca, MO	2,229	$35,917	35.1%
Cave City, AR	2,228	$36,719	33.6%
Cayucos, CA	2,228	$70,602	27.6%
Mangonia Park, FL	2,228	$38,681	30.1%
Sainte-Cécile-de-Milton, QC	2,228	n/a
Lake Placid, NY	2,229	$41,406	25.2%

Source: The Lake Placid, NY employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Lake Placid	New York	National
Income per capita	$27,650	$34,212	$29,829
Median household income	$41,406	$60,741	$55,322
Median income owner occupied	$62,614	$83,277	$70,586
Median income renter occupied	$29,583	$38,983	$35,192
Median earnings male	$19,583	$40,464	$36,919
Median earnings female	$22,199	$30,906	$26,250
Unemployment rate	0.0%	4.8%	4.7%
Poverty level	20.2%	15.5%	15.1%