Is the Village of Saranac Lake, NY growing?

The Village of Saranac Lake, NY had an estimated 4,965 (±406) residents in 2020–2024, against 5,700 in 2015–2019.

That is a change of −12.9%, a measurable decrease.

Its housing went from 3,185 to 2,819 homes (−11.5%), a measurable decrease.

0.5% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
4,965 (±406)
Amount of change
−12.9%
Homes change
−11.5%
Built 2020 or later
0.5%

Residents and homes in the Village of Saranac Lake, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents5,700 (±328)4,965 (±406)−12.9%Measurable decrease
Housing units3,185 (±244)2,819 (±245)−11.5%Measurable decrease
Households that rent50.9% (±5.6 points)52.8% (±6.4 points)+1.9 percentage pointsNot a measurable change
Median gross rent$724 (±$38)$853 (±$29)+17.8%No measurable change after inflation
Median home value$156,500 (±$10,647)$199,900 (±$24,650)+27.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in the Village of Saranac Lake against Franklin County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Village of Saranac Lake−12.9%Measurable decrease−11.5%
Franklin County−7.5%Measurable decrease−1.0%
New York+1.4%Measurable increase+3.2%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in the Village of Saranac Lake

Housing units by year built, 2020–2024
Year builtVillage of Saranac LakeFranklin CountyNew YorkUnited States
2020 or later0.5% (±0.7 points)0.8%0.8%2.0%
2010 to 20190.6% (±0.9 points)5.4%5.3%9.4%
2000 to 20092.7% (±1.6 points)8.6%6.4%13.6%

1.1% of the homes in the Village of Saranac Lake were built in 2010 or later.

The median age of residents is 40.7 years.

Growth in places near the Village of Saranac Lake

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Village of Saranac Lake—4,965−12.9%Measurable decrease
Town of St. Armand7.0 mi1,555−1.0%Not a measurable change
Village of Lake Placid7.7 mi2,306−1.7%Not a measurable change
Town of Harrietstown8.3 mi5,222−5.4%Measurable decrease
Town of North Elba9.3 mi7,540−8.2%Measurable decrease
Town of Brighton (Franklin County)11 mi1,351+0.1%Not a measurable change
Town of Wilmington12 mi1,251+16.7%Not a measurable change
Town of Franklin (Franklin County)14 mi1,251+10.8%Not a measurable change
Town of Santa Clara17 mi511+23.7%Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Village of Saranac Lake

Is the Village of Saranac Lake growing?

The Village of Saranac Lake, NY had an estimated 4,965 residents in 2020–2024 and 5,700 in 2015–2019, a change of −12.9%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in the Village of Saranac Lake?

The estimated number of housing units went from 3,185 in 2015–2019 to 2,819 in 2020–2024 (−11.5%), a measurable decrease.

How much new construction is there in the Village of Saranac Lake?

0.5% of homes in the Village of Saranac Lake were built in 2020 or later and 0.6% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Saranac Lake village, New York (place:65233, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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