2025 Compare Cities Economy:
Saranac Lake, NY vs Hot Springs, SD

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Highlights
- Household income in Hot Springs, is 19% less than it is in Saranac Lake and is 56% below the National Average.
- Saranac Lake unemployment rate is 6.5%.
- Hot Springs unemployment rate is 4.4%.
 Saranac Lake, NYHot Springs, SDUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock1.2%1.6%
 Future Job Growth23.1%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$34,159  Unlock$37,638
 Household Income  Unlock$44,167$69,021
 Family Median Income$84,545  Unlock$85,028
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 Est. Households By Income
 Saranac Lake, NYHot Springs, SDUnited States
 Income Less Than 15K  Unlock21.2%9.4%
 Income between 15K and 20K3.9%  Unlock3.8%
 Income between 20K and 30K  Unlock9.5%8.1%
 Income between 30K and 40K4.6%  Unlock8.0%
 Income between 40K and 50K  Unlock13.5%7.6%
 Income between 50K and 60K15.3%  Unlock7.2%
 Income between 60K and 75K  Unlock6.3%9.6%
 Income between 75K and 100K14.0%  Unlock12.8%
 Income between 100K and 150K  Unlock15.5%16.3%
 Income between 150K and 200K4.9%  Unlock7.8%
 Income greater than 200K  Unlock0.0%9.5%
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 Population By Occupation
 Saranac Lake, NYHot Springs, SDUnited States
 Management, business, finance8.5%  Unlock16.4%
 Engineering, computers, science  Unlock0.9%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library12.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.0%2.0%
 Healthcare practitioners and technology5.9%  Unlock6.2%
 Healthcare support  Unlock5.9%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock8.6%5.4%
 Building maintenance7.1%  Unlock3.6%
 Personal care  Unlock9.3%2.6%
 Sales, office, administrative support24.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.3%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%13.1%
Reviews for Saranac Lake    3 Reviews

Over 4 years ago

Saranac Lake is small but great. Great people, decent shopping, with good housing, it's great place to live, if you love the outdoors. It's cold....really cold in the  More

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Over 16 years ago

Saranac Lake is not only chilly but a great place to live. Dr. E.L. Trudeau knew what he was doing when he took a breath of this cold, crisp air way  More

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Small time living in a pristine environment of the Adirondack Park. Year-round theatre, good school system, postsecondary education, world-class research institution  More

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Reviews for Hot Springs    3 Reviews

Over 2 years ago

We are South Dakota natives and we moved to Hot Springs in 2023 after retiring. This move was predicated on a long-time knowledge of the city and many visits here going  More

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Over 11 years ago

Hot Springs, South Dakota has everything a retired person could want. I moved here (from Connecticut) ten years ago and I've never been happier. We have a beautiful  More

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This is a small town, suitable for those who like the Black Hills and want someplace quieter than Rapid City (and a little warmer -- it's located in a kind of climatic  More

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