B-

Lake George, NY

Source:

Affordability Score: 68/100

Population: 4,842 · 1 ZIP codes

The affordability dashboard for Lake George, NY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 4,842 residents, then layers in county-level federal data to produce an overall grade of B- (68/100). The headline inputs are median household income of $100,774, median home value of $355,900, median rent of $1,055 per month, and 36.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,348 per month (studio $1,041, 1BR $1,066, 3BR $1,742, 4BR $1,785). Department of Labor data lists infant center-based childcare at $15,028 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Lake George, NY include income, rent. Unemployment currently reads 1.1% and poverty 6.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$100,774
Median household income
Education C+
36.9%
Bachelor's degree or higher
Housing D
3.5x
Home value $355,900 vs income
Commute C+
23 min
Average commute time
Rent A
$1,348/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$15,028/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$100,774
▲ 63% vs national
Per Capita Income
$53,279
Unemployment Rate
1.1%
Poverty Rate
6.4%

Housing

Median Home Value
$355,900
▲ 29% vs national
Median Rent
$1,055/mo
Owner Occupied
75.2%
2BR Fair Market Rent
$1,348/mo
▲ 12% vs national

Fair Market Rents by Bedroom

Studio
$1,041
1BR
$1,066
2BR
$1,348
3BR
$1,742
4BR
$1,785

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
36.9%
▲ 7 ppt vs national
High School+
59.3%
Median Age
50.7
Avg. Commute
23 min
▼ 3 min vs national

Childcare Costs

Infant (Center)
$15,028/yr
15% of income
Toddler (Center)
$14,300/yr
Preschool (Center)
$13,260/yr
School-Age (Center)
$11,180/yr

What This Means

Lake George, NY receives an overall affordability grade of B- (68/100), aggregated from 1 ZIP codes with a total population of 4,842. This area performs well in income and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Lake George, NY affordable?
Lake George, NY receives an overall affordability grade of B- (68/100) based on Census, HUD, FBI, and DOL data. Median household income is $100,774. Median home value is $355,900.
What is the cost of living in Lake George?
Key cost metrics: Median rent $1,055/mo. 2BR fair market rent $1,348/mo. Infant childcare $15,028/yr. Median home value $355,900.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →