Lake Placid is a very small town located in the state of Florida. With a population of 2,514 people and nine associated neighborhoods, Lake Placid is the 365th largest community in Florida.Because occupations involving physical labor dominate the local economy, Lake Placid is generally considered to be a blue-collar town. 39.56% of the Lake Placid workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Lake Placid is a town of service providers, construction workers and builders, and farmers, fishers, or foresters. There are especially a lot of people living in Lake Placid who work in farm management occupations (12.95%), maintenance occupations (10.97%), and personal care services (9.57%). Also of interest is that Lake Placid has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 11.20% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. One downside of living in Lake Placid is that it can take a long time to commute to work. In Lake Placid, the average commute to work is 32.13 minutes, which is quite a bit higher than the national average. Being a small town, Lake Placid does not have a public transit system used by locals to get to and from work.The population of Lake Placid overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Lake Placid, 23.59% have at least a bachelor's degree. The per capita income in Lake Placid in 2022 was $24,567, which is low income relative to Florida and the nation. This equates to an annual income of $98,268 for a family of four. However, Lake Placid contains both very wealthy and poor people as well. Lake Placid is an extremely ethnically-diverse town. The people who call Lake Placid home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Lake Placid, accounting for 44.01% of the town’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Lake Placid residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lake Placid include German, English, Irish, Jamaican, and Scots-Irish. Lake Placid also has a high percentage of its population that was born in another country: 32.53%. The most common language spoken in Lake Placid is English. Other important languages spoken here include Spanish and Italian.
