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Saranac Lake is a very small village located in the state of New York. With a population of 4,871 people and three associated neighborhoods, Saranac Lake is the 330th largest community in New York. Much of the housing stock in Saranac Lake was built prior to World War II, making it one of the older and more historic villages in the country.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.89% 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.

Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.25 minutes getting to work every day.

Saranac Lake is one of the most well-educated cities in the nation. 42.76% of adults in Saranac Lake have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Saranac Lake in 2022 was $39,013, which is middle income relative to New York, and upper middle income relative to the rest of the US. This equates to an annual income of $156,052 for a family of four. However, Saranac Lake contains both very wealthy and poor people as well.

The people who call Saranac Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Saranac Lake residents report their race to be White, followed by Black or African-American. Important ancestries of people in Saranac Lake include Irish, German, English, Italian, and French.

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