Lake Placid is a very small town located in the state of Florida. With a population of 2,514 people and nine associated neighborhoods, Lake Placid is the 365th largest community in Florida.

Also of interest is that Lake Placid has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Lake Placid telecommute to their jobs. Overall, about 11.20% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 32.13 minutes every day commuting to work.

Being a small town, Lake Placid does not have a public transit system used by locals to get to and from work.

The education level of Lake Placid citizens is a little higher than the average for US cities and towns: 23.59% of adults in Lake Placid have at least a bachelor's degree.

The per capita income in Lake Placid in 2022 was $24,567, which is low income relative to Florida and the nation. This equates to an annual income of $98,268 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 44.01% 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 German, English, Irish, Jamaican, and Scots-Irish.

Foreign born people are also an important part of Lake Placid's cultural character, accounting for 32.53% of the town’s population.

The most common language spoken in Lake Placid is English. Other important languages spoken here include Spanish and Italian.