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The total population of Lake Placid is estimated to be 2,349 with 1,187 males (50.53%) and 1,162 females (49.47%). There are 25 less females than males in Lake Placid.
The median household income in Lake Placid was $44,977 in 2021, which marked an an increase of 7,560(20.20%) from $37,417 in 2020. This income is 60.29% 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 Placid sees its highest median household income among householders in the age group of 65 years and over old, at $49,385. Overall, the median household income for the town of Lake Placid stands at $44,977.
In Lake Placid, the median income for all workers aged 15 years and older, regardless of work hours, was $31,902 for males and $21,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,148 for males and $29,030 for females.
In Lake Placid, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, American Indian and Alaska Native households have the highest median household income at $51,967, while Some Other Race households represent the opposite end with the lowest median household income of $2,701.
In 2022, the population of Lake Placid was 2,471, a 1.98% increase year-by-year from 2021. Previously, in 2021, Lake Placid's population was 2,423, an increase of 1.85% compared to a population of 2,379 in 2020.
The median age in Lake Placid, FL is 38.0, as per 2021 ACS 5-Year Estimates. Of the total population, 21.21% were under the age of 15, 23.55% aged 15 to 29, 31.85% aged 30 to 64, 21.66% aged 65 to 84, and 1.73% were 85 years of age and older.
Racial distribution of Lake Placid population: 77.31% are White, 1.93% are Black or African American, 4.77% are American Indian and Alaska Native, 0.12% are Asian, 7.11% are some other race and 8.75% are multiracial.