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2024 Compare Cities Economy:
Pentwater, MI vs Lake Placid, FL

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Highlights
- Household income in Lake Placid, is 34% less than it is in Pentwater and is 66% below the National Average.
- Pentwater unemployment rate is 8.0%.
- Lake Placid unemployment rate is 6.2%.

Economy
 Pentwater, MILake Placid, FLUnited States
 Unemployment Rate8.0%6.2%6.0%
 Recent Job Growth0.5%0.2%1.6%
 Future Job Growth22.0%30.4%33.5%
 Sales Taxes6.0%7.5%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$35,903$21,336$37,638
 Household Income$62,857$41,610$69,021
 Family Median Income$71,169$42,625$85,028
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 Est. Households By Income
 Pentwater, MILake Placid, FLUnited States
 Income Less Than 15K9.3%15.4%9.4%
 Income between 15K and 20K4.1%1.5%3.8%
 Income between 20K and 30K7.7%21.9%8.1%
 Income between 30K and 40K11.0%5.8%8.0%
 Income between 40K and 50K5.0%21.2%7.6%
 Income between 50K and 60K11.5%7.5%7.2%
 Income between 60K and 75K17.5%5.4%9.6%
 Income between 75K and 100K16.3%5.1%12.8%
 Income between 100K and 150K9.1%11.5%16.3%
 Income between 150K and 200K5.7%1.2%7.8%
 Income greater than 200K2.9%3.6%9.5%
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 Population By Occupation
 Pentwater, MILake Placid, FLUnited States
 Management, business, finance20.3%6.5%16.4%
 Engineering, computers, science0.0%6.0%6.5%
 Community, social services4.4%2.1%1.8%
 Legal0.0%1.0%1.2%
 Education, library13.7%7.1%6.2%
 Arts, design, media, sports, entertainment2.2%1.3%2.0%
 Healthcare practitioners and technology4.4%0.0%6.2%
 Healthcare support1.5%0.0%3.3%
 Firefighters, law enforcement3.0%6.4%2.1%
 Food preparation, serving0.0%5.6%5.4%
 Building maintenance0.0%12.5%3.6%
 Personal care1.8%2.9%2.6%
 Sales, office, administrative support34.3%20.3%20.9%
 Farming, fishing, forestry1.1%5.8%0.6%
 Construction, extraction, maintenance/repair4.1%9.7%8.1%
 Production, transportation, material moving9.2%12.8%13.1%

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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 9 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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ZIPS IN PENTWATER, MICHIGAN
No Zip Codes Here.
ZIPS IN LAKE PLACID, FLORIDA
33852

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