Housing market/New York/ZIP 12946

ACS 2023 · FY2027 SAFMR

ZIP 12946 Lake Placid, Essex County, New York

Essex County, NY · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
4,805
Households
2,346
Median HH income
$78,261
Renter share
28.1%
Median gross rent
$982
Vacancy
40.2%
Pop. change
+0.3%
2BR SAFMR
$1,290
SAFMR / rent
1.314×
2–49 unit stock
931
LIHTC proj / units
4 / 207
HUD assisted MF
1 / 122

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 12946 · NY — sent to you.

ZIP 12946 · NY

ACS median rent$982
2BR SAFMR$1,290
90% floor$1,161
110% ceiling$1,419

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 12946

  • 1-unit detached2,58265.8%
  • 1-unit attached1864.7%
  • 2–4 units46411.8%
  • 5–49 units46711.9%
  • 50+ units872.2%
  • Mobile1373.5%
TypeUnitsShare
1-unit detached2,58265.8%
1-unit attached1864.7%
2 units (duplex)1403.6%
3–4 units3248.3%
5–9 units3669.3%
10–19 units250.6%
20–49 units761.9%
50+ units872.2%
Mobile1373.5%

2–4 unit share 11.8% · 5–49 unit share 11.9% · combined 2–49 23.7%.

Units by bedrooms

Studio
17
1BR
369
2BR
1,095
3BR
1,160
4BR
861
5+
421

Rent burden

Rent ≥30% of income64.7%
Rent ≥50% of income23.7%
  • ACS median gross rent $982 (all bedrooms, occupied rentals).
  • Median contract rent $958.
  • Renters paying ≥30% of income 64.7%; ≥50% 23.7%.
  • FY2027 2BR SAFMR $1,290 (1.314× ACS median gross rent).

Population

4,805 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 4 projects, 207 units.
  • HUD project-based assisted MF: 1 properties, 122 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 12946 28.1% of occupied households are renters; vacancy is 40.2%; ACS median gross rent is $982; population increased +0.3% between the 2018 and 2023 ACS vintages; the housing stock includes 464 units in 2–4-unit structures and 467 units in 5–49-unit structures; 4 LIHTC projects totaling 207 units; FY2027 2BR SAFMR is $1,290 versus ACS median gross rent of $982. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 12946 is a Census / HUD profile for Essex County, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 12946?

ZIP 12946 (Essex County, NY) has 4,805 residents, 2,346 households, a renter share of 28.1%, median household income of $78,261, and ACS 2023 median gross rent of $982. Vacancy is 40.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 12946?

ACS counts 140 units in 2-unit buildings, 324 in 3–4 unit buildings, 366 in 5–9, 25 in 10–19, and 76 in 20–49. Combined 2–49 unit stock is 931 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 12946?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,290. See the full schedule and 90–110% payment-standard band on the ZIP 12946 — Lake Placid, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 12946 is Census / HUD research for Essex County, NY. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.