Lake Placid is a very small village located in the state of New York. With a population of 2,227 people and three associated neighborhoods, Lake Placid is the 560th largest community in New York.

Housing costs in Lake Placid are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New York.

And if you like science, one thing you'll find is that Lake Placid has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

Telecommuters are a relatively large percentage of the workforce: 16.09% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Another notable thing is that Lake Placid is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the village’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.

Compared to the rest of the country, citizens of Lake Placid spend much less time in their cars: on average, their commute to work is only 16.27 minutes. This also means that noise and pollution levels in the village are less than they would otherwise be.

The citizens of Lake Placid are among the most well-educated in the nation: 43.37% of adults in Lake Placid have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in Lake Placid in 2022 was $42,199, which is middle income relative to New York, and upper middle income relative to the rest of the US. This equates to an annual income of $168,796 for a family of four. However, Lake Placid contains both very wealthy and poor people as well.

The people who call Lake Placid home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Placid residents report their race to be White, followed by Asian. Important ancestries of people in Lake Placid include Irish, German, English, Yugoslavian, and French.

Foreign born people are also an important part of Lake Placid's cultural character, accounting for 18.60% of the village’s population.

The most common language spoken in Lake Placid is English. Other important languages spoken here include Italian and Slavic languages.