Lake Placid is a very small town located in the state of Florida. With a population of 2,471 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. 35.87% 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, managers, and transportation and shipping workers. There are especially a lot of people living in Lake Placid who work in management occupations (10.90%), farm management occupations (9.89%), and personal care services (8.75%). Telecommuters are a relatively large percentage of the workforce: 9.76% 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, however, is that residents on average have to contend with a long commute, spending on average 33.30 minutes every day commuting to work. As is often the case in a small town, Lake Placid doesn't have a public transportation system that people use for their commute.The citizens of Lake Placid are slightly better educated than the national average of 21.84% for all cities and towns, with 21.40% of adults in Lake Placid having a bachelor's degree or advanced degree. The per capita income in Lake Placid in 2022 was $26,238, which is lower middle income relative to Florida and the nation. This equates to an annual income of $104,952 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 42.57% 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 English, German, Jamaican, Irish, and Scots-Irish. In addition, Lake Placid has a lot of people living here who were born outside of the US (29.54%). The most common language spoken in Lake Placid is English. Other important languages spoken here include Spanish and Italian.
