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Lake Placid village, NY

ZIP 12946 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 12946

Median Home Value
$443,800
Median Rent
$958
Affordability Snapshot
$122,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,851/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.7x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 12946 in Lake Placid village, NY, a household would need roughly $122,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,851. That is about 56% above the local median household income ($78,261), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 40% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.0%+10% vs US avg
x
Vacancy Rate
40.2%+290% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
10.7%-28% vs US avg
x
Built Pre-1939
2.4%-82% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.7%-52% vs US avg
x
Mortgage-Free
56.5%+48% vs US avg
x
$443,800
Home Value
$958
Rent
1979
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.8%
  • 1-unit attached4.7%
  • 2-9 units21.2%
  • 10+ units4.8%
  • Mobile home & other3.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$443,800
Median rent$958
Owner-occupied72.0%
Vacant40.2%
Price-to-income5.7x
Est. income to buy$122,000