2025 Compare Cities Economy:
Buffalo, NY vs Lake Placid, FL

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Highlights
- Household income in Lake Placid, is 1% less than it is in Buffalo and is 66% below the National Average.
- Buffalo unemployment rate is 9.5%.
- Lake Placid unemployment rate is 6.2%.
 Buffalo, NYLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth21.9%  Unlock33.5%
 Sales Taxes8.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$27,157  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$52,996  Unlock$85,028
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 Est. Households By Income
 Buffalo, NYLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K10.4%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K7.9%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K9.8%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K4.0%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Buffalo, NYLake Placid, FLUnited States
 Management, business, finance12.6%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services2.9%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library7.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance4.6%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support22.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Buffalo    94 Reviews

Over 3 years ago

Clean, fun, safe and unique. Great place to raise a family. Affordable housing, strong job market. Great schools and neighborhoods.  More

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Over 3 years ago

Buffalo was okay in 2016. Since then, crime is up, there are more methadone clinics than pediatricians, and so many of the small businesses that made this place charming  More

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Over 3 years ago

This city is just plain beautiful. Sure, it might not be New York or Albany. But it's Buffalo. Place is a God-send. You want to see the Falls and the Bills? Come here.  More

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Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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