Lake Placid, New York Economic Statistics

EMPLOYMENT STATUS

Population 16 years and over

6,846

100.0

In labor force

3,312

48.4

Civilian labor force

3,289

48.0

Employed

3,177

46.4

Unemployed

112

1.6

Percent of civilian labor force

3.4

(X)

Armed Forces

23

0.3

Not in labor force

3,534

51.6

Females 16 years and over

2,582

100.0

In labor force

1,543

59.8

Civilian labor force

1,540

59.6

Employed

1,497

58.0

Own children under 6 years

380

100.0

All parents in family in labor force

303

79.7

COMMUTING TO WORK

Workers 16 years and over

3,037

100.0

Car, truck, or van -- drove alone

2,164

71.3

Car, truck, or van -- carpooled

375

12.3

Public transportation (including taxicab)

38

1.3

Walked

238

7.8

Other means

26

0.9

Worked at home

196

6.5

Mean travel time to work (minutes)

15.2

(X)

Employed civilian population 16 years and over

3,177

100.0

OCCUPATION

Management, professional, and related occupations

1,050

33.1

Service occupations

889

28.0

Sales and office occupations

721

22.7

Farming, fishing, and forestry occupations

2

0.1

Construction, extraction, and maintenance occupations

310

9.8

Production, transportation, and material moving occupations

205

6.5

INDUSTRY

Agriculture, forestry, fishing and hunting, and mining

10

0.3

Construction

260

8.2

Manufacturing

68

2.1

Wholesale trade

56

1.8

Retail trade

356

11.2

Transportation and warehousing, and utilities

96

3.0

Information

54

1.7

Finance, insurance, real estate, and rental and leasing

122

3.8

Professional, scientific, management, administrative, and waste management services

231

7.3

Educational, health and social services

691

21.8

Arts, entertainment, recreation, accommodation and food services

856

26.9

Other services (except public administration)

166

5.2

Public administration

211

6.6

CLASS OF WORKER

Private wage and salary workers

2,209

69.5

Government workers

598

18.8

Self-employed workers in own not incorporated business

367

11.6

Unpaid family workers

3

0.1

INCOME IN 1999

Households

2,676

100.0

Less than $10,000

287

10.7

$10,000 to $14,999

240

9.0

$15,000 to $24,999

374

14.0

$25,000 to $34,999

434

16.2

$35,000 to $49,999

527

19.7

$50,000 to $74,999

436

16.3

$75,000 to $99,999

201

7.5

$100,000 to $149,999

125

4.7

$150,000 to $199,999

7

0.3

$200,000 or more

45

1.7

Median household income (dollars)

35,063

(X)

With earnings

2,132

79.7

Mean earnings (dollars)

44,147

(X)

With Social Security income

740

27.7

Mean Social Security income (dollars)

11,072

(X)

With Supplemental Security Income

73

2.7

Mean Supplemental Security Income (dollars)

6,267

(X)

With public assistance income

43

1.6

Mean public assistance income (dollars)

3,191

(X)

With retirement income

464

17.3

Mean retirement income (dollars)

15,366

(X)

Families

1,574

100.0

Less than $10,000

62

3.9

$10,000 to $14,999

70

4.4

$15,000 to $24,999

166

10.5

$25,000 to $34,999

220

14.0

$35,000 to $49,999

381

24.2

$50,000 to $74,999

372

23.6

$75,000 to $99,999

171

10.9

$100,000 to $149,999

92

5.8

$150,000 to $199,999

7

0.4

$200,000 or more

33

2.1

Median family income (dollars)

44,915

(X)

Per capita income (dollars)

19,445

(X)

Median earnings (dollars):

Male full-time, year-round workers

26,764

(X)

Female full-time, year-round workers

21,907

(X)

POVERTY STATUS IN 1999 (below poverty level)

Families

104

(X)

Percent below poverty level

(X)

6.6

With related children under 18 years

82

(X)

Percent below poverty level

(X)

10.6

With related children under 5 years

35

(X)

Percent below poverty level

(X)

13.8

Families with female householder, no husband present

45

(X)

Percent below poverty level

(X)

23.4

With related children under 18 years

45

(X)

Percent below poverty level

(X)

29.2

With related children under 5 years

15

(X)

Percent below poverty level

(X)

50.0

Individuals

621

(X)

Percent below poverty level

(X)

10.3

18 years and over

457

(X)

Percent below poverty level

(X)

9.9

65 years and over

102

(X)

Percent below poverty level

(X)

10.9

Related children under 18 years

147

(X)

Percent below poverty level

(X)

10.8

Related children 5 to 17 years

118

(X)

Percent below poverty level

(X)

11.1

Unrelated individuals 15 years and over

313

(X)

Percent below poverty level

(X)

21.6