Local
Learn about the people, housing, costs and businesses in Lake Placid, New York
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Lake Placid.
True all-in cost — P&I, taxes, insurance & utilities for homes in Lake Placid.
Find and compare lenders active near Lake Placid.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Lake Placid.
Seismic risk and earthquake insurance estimates for Lake Placid.
Wildfire exposure and insurance estimates for Lake Placid.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Lake Placid is approximately 6.904% (6.940% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Lake PlacidThe median home value in Lake Placid is $440k. The median monthly rent is $1,115. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Lake Placid have increased 30.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,248/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Placid is $69k/year.
Calculate your buying powerThe largest employment sectors in Lake Placid are public administration (20%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.