ZIP Code 12946 — Lake Placid, New York

The median home in 12946 is valued at $443,800 against a median household income of $78,261, a price-to-income ratio of 5.7. That is far above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, though it is among the more attainable ratios in the state. Within Essex County, 12946 ranks 24 of 24 ZIPs on affordability (1 = lowest ratio); the county median ratio is 2.8. Renting takes 15.1% of median household income (median rent $982 a month), under the 30% cost-burden threshold.

12946 ranks 818 of 1,572 statewide on median household income and 421 of 1,572 on median home value; its income is above the $70,729 Essex County median. 72% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 46% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 11.6%, above the 9.9% statewide ZIP median. Unemployment stands at 1.0%.

With 35 residents per square mile across 137.2 square miles of land, 12946 is far less dense than the statewide ZIP median of 197 (rank 1,312 of 1,572). This is rural or open territory where most of the land is agricultural, forest, desert or public land.