Income & Economy in Lake George, NY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$52,411

-28% vs national

Per Capita Income

$36,525

-2% vs national

Poverty Rate

8.7%

-36% vs national

Gini Index

0.4181

0 = perfect equality

Unemployment

0.4%

-92% vs national

SNAP Recipients

16.1%

of households

How Lake George Compares

Source: Census ACS (2023)

Lake George vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lake George is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lake George. The median household income here is $52,411.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.9%
$25-50K
28.6%
$50-75K
21.6%
$75-100K
7.8%
$100-150K
17.8%
$150-200K
6.5%
$200K+
1.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.4%

-91% vs NY avg

Labor Force

465

Employed

463

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

20.0%

of adults 25+

High School Diploma+

42.0%

of adults 25+

Median Age

52.1

Work from Home

6.4%

of workers

The median household income in Lake George, NY is $52,411, which is 28.4% below the national average of $73,224. Per capita income is $36,525. The poverty rate of 8.7% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.4181, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.4%, compared to the state average of 5.0%. 20.0% of adults hold a bachelor's degree or higher.