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The total population of Lake Grove is estimated to be 11,066 with 5,868 males (53.03%) and 5,198 females (46.97%). There are 670 less females than males in Lake Grove.
The median household income in Lake Grove was $119,769 in 2021, which marked an a decrease of 4,168(3.36%) from $123,937 in 2020. This income is 160.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Grove sees its highest median household income among householders in the age group of 25 to 44 years old, at $155,104. Overall, the median household income for the village of Lake Grove stands at $119,769.
In Lake Grove, the median income for all workers aged 15 years and older, regardless of work hours, was $58,993 for males and $35,897 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $94,364 for males and $71,746 for females.
In Lake Grove, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $167,284, while Two or More Races households represent the opposite end with the lowest median household income of $44,659.
In 2022, the population of Lake Grove was 11,041, a 0.43% decrease year-by-year from 2021. Previously, in 2021, Lake Grove's population was 11,089, an increase of 0.47% compared to a population of 11,037 in 2020.
The median age in Lake Grove, NY is 40.3, as per 2021 ACS 5-Year Estimates. Of the total population, 20.81% were under the age of 15, 18.72% aged 15 to 29, 45.45% aged 30 to 64, 12.60% aged 65 to 84, and 2.42% were 85 years of age and older.
Racial distribution of Lake Grove population: 79.39% are White, 2.15% are Black or African American, 9.54% are Asian, 3.27% are some other race and 5.65% are multiracial.