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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 12845 in Lake George, New York, is categorized as a "Low Diversity" community. The area is predominantly white, with 91% of the population identifying as such. The current median income is $78,687, which is above the national average, indicating a relatively affluent community.
Over the past decade, Lake George has maintained its status as a "Low Diversity" community. The white population has remained the majority, never dropping below 91% throughout the observed period. The Hispanic population has shown the most significant growth, increasing from 2% in 2013 to 5% in 2022. The "Two or More Races" category emerged in 2019 and has grown to 2% of the population by 2022. Asian and Black populations have maintained a consistent presence of about 1% each since 2016.
The median income in Lake George has shown an overall upward trend, rising from $71,596 in 2013 to $78,687 in 2022, an increase of about 9.9% over nine years. There was a significant spike in median income in 2021 to $84,218, followed by a decrease in 2022. The population has remained relatively stable, with a slight overall decrease from 5,920 in 2013 to 5,818 in 2022.
The persistent "Low Diversity" status of Lake George contrasts with national trends towards increasing diversity in many communities across the United States. The gradual increase in Hispanic population aligns with broader national demographic shifts, although at a much slower pace than in many other areas. The median income growth in Lake George outpaces inflation over the same period, indicating real economic gains for the community. The stability in population suggests that Lake George has maintained its appeal as a residential area.
In conclusion, Lake George remains a predominantly white, "Low Diversity" community, with subtle signs of slow demographic change. The area has experienced modest economic growth over the past decade, maintaining its character as a stable, relatively affluent small town. The community's resistance to rapid demographic change, combined with its economic stability, sets it apart from national trends of increasing diversity and economic volatility in many areas.