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Demographic Shifts and Racial Composition in Lake Success, New York
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Lake Success, a village in New York, exhibits a demographic profile categorized as "Moderate Diversity" based on established criteria. As of 2022, the community's population consists of 40% Asian, 48% White, 7% Hispanic, and 3% Black residents. The village has a median income of $171,764 in 2022, positioning it among the most affluent communities in the United States. Lake Success served as the United Nations headquarters from 1946 to 1951.
Lake Success has undergone a significant demographic transition over the past decade. In 2013, the community was classified as having a "White Majority" with 64% of the population identifying as White. By 2022, this shifted to a "Moderate Diversity" classification. The Asian population increased from 26% in 2013 to 40% in 2022, while the White population decreased from 64% to 48%. This trend indicates a gradual but steady shift towards increased diversity.
Lake Success has experienced substantial economic growth alongside these demographic changes. The median income rose from $143,579 in 2013 to $171,764 in 2022, an increase of nearly 20%. The population remained relatively stable, growing modestly from 11,883 in 2013 to 11,846 in 2022, suggesting that the community's changes are more about shifting demographics within a consistent population size rather than rapid expansion.
The trends observed in Lake Success mirror broader patterns seen in many affluent suburban areas near major metropolitan centers in the United States. The increasing Asian population reflects a national trend of growing Asian communities in high-income suburbs, often associated with technology and professional sectors. The extent of this change and the extremely high median income set Lake Success apart from many comparable communities.
Nationally, the median household income in 2022 was around $70,784, making Lake Success's median income of $171,764 more than double the national average. This places the village in an elite economic category, even among New York suburbs known for their wealth. The shift towards greater diversity in Lake Success is happening at a faster rate than many other affluent communities. This rapid change could be attributed to its proximity to New York City, a global hub that attracts diverse, high-skilled professionals from around the world.
Lake Success represents a case study of a community transitioning from a predominantly White, affluent suburb to a more diverse, yet even more economically prosperous area. This evolution reflects broader national trends but occurs at an accelerated pace and within an exceptionally high economic stratum, making Lake Success an example of demographic and economic change in American suburbs.
