Lake Grove is a somewhat small village located in the state of New York. With a population of 11,041 people and three associated neighborhoods, Lake Grove is the 170th largest community in New York.
Lake Grove home prices are not only among the most expensive in New York, but Lake Grove real estate also consistently ranks among the most expensive in America.
Also of interest is that Lake Grove has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.06% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Lake Grove is a great place for families with children to consider. First of all, many other families with children live here, making Lake Grove a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Grove has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Grove’s overall crime rate is lower than average for the country.
One downside of living in Lake Grove is that it can take a long time to commute to work. In Lake Grove, the average commute to work is 35.27 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
Even though Lake Grove is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
The citizens of Lake Grove are among the most well-educated in the nation: 46.57% of adults in Lake Grove have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Lake Grove in 2022 was $49,057, which is upper middle income relative to New York, and wealthy relative to the rest of the US. This equates to an annual income of $196,228 for a family of four. However, Lake Grove contains both very wealthy and poor people as well.
Lake Grove is a very ethnically-diverse village. The people who call Lake Grove home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Grove residents report their race to be White, followed by Asian. Lake Grove also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.65% of the village’s residents. Important ancestries of people in Lake Grove include Italian, Irish, German, Polish, and English.
The most common language spoken in Lake Grove is English. Other important languages spoken here include Spanish and Chinese.