Income & Economy in Schroon Lake, NY

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

Income Overview

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

Median Household Income

$67,188

-8% vs national

Per Capita Income

$32,687

-12% vs national

Poverty Rate

6.2%

-54% vs national

Gini Index

0.3575

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

10.7%

of households

How Schroon Lake Compares

Source: Census ACS (2023)

Schroon Lake vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Schroon Lake 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 Schroon Lake. The median household income here is $67,188.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
13.7%
$25-50K
22.2%
$50-75K
18.4%
$75-100K
25.7%
$100-150K
17.0%
$150-200K
1.0%
$200K+
2.0%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs NY avg

Labor Force

408

Employed

408

Mean Commute

10 min

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+

27.7%

of adults 25+

High School Diploma+

51.0%

of adults 25+

Median Age

44.3

Work from Home

30.1%

of workers

The median household income in Schroon Lake, NY is $67,188, which is 8.2% below the national average of $73,224. Per capita income is $32,687. The poverty rate of 6.2% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.3575, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.0%. 27.7% of adults hold a bachelor's degree or higher. The average commute time is 10 minutes, with 30.1% working from home.