Everything You Should Know Before Moving to Lake Success, NY
Thinking of moving to Lake Success, NY? With a close-knit population of 2,828, this upscale village offers luxurious homes (median price $1.35M), top-rated schools, and one of the safest environments in the region (violent crime just 43 per 100K). Enjoy excellent healthcare, high educational attainment, and easy access to NYC with a 41-minute average commute. Though the cost of living is high, Lake Success’s tranquil neighborhoods, great amenities, and beautiful suburban setting make it a standout choice for families and professionals alike.
Demographics - Lake Success, NY
Demographics - Lake Success, NY
Lake Success is a small, close-knit village of 2,828 residents, characterized by a mature median age of nearly 48 and a diverse community, with over 30% identifying as Asian and 28.6% speaking a language other than English at home. The population density provides a suburban feel, making it an appealing choice for those seeking both diversity and tranquility.
Population:
2,828
Density:
2,000 per sq mi
Median Age:
47.9
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
28.6%
Ethnic Composition
White:
63.5%
Black:
2.1%
Asian:
30.2%
Others:
4.2%
Cost Of Living
What is the average cost of living in Lake Success, NY?
Living in Lake Success comes with a premium cost, as reflected by its high cost of living index of 185.7 and median home values around $1.35 million. Housing, groceries, and utilities are notably above national averages, making this an affluent neighborhood ideal for those seeking upscale amenities and services.
Median House Value:
$1,350,000
Gross Rent:
$3,700
Monthly Electricity Charges:
$175
Auto Insurance:
$2,050
House Owner Cost With Mortgage:
$4,350
House Owner Cost Without Mortgage:
$1,250
State Taxes:
Low:
4%
|
High:
10.9%
Cost Of Living Index:
185.7
Grocery:
129.5
Housing:
291.2
Utilities:
111.0
Transportation:
139.6
Health Care:
117.3
Miscellaneous:
114.0
Crime
Is Lake Success, NY a safe place to live?
Lake Success stands out for its exceptional safety, with a violent crime rate of just 43 per 100,000 residents and a low property crime rate, resulting in some of the best odds for personal security in the region. Residents enjoy peace of mind in a community ranked among the safest in New York.
Violent Crimes Per 100k:
43
Property Crimes Per 100k:
426
Crime Index:
469
Chance Of Violent Crime:
1 in 2,325
Chance Of Property Crime:
1 in 235
Weather
What is the weather like in Lake Success, NY year-round?
Residents enjoy four distinct seasons, with mild summers averaging highs in the mid-80s and cold winters dipping to the mid-20s. The area receives about 44.7 inches of rainfall annually and enjoys sunshine 57% of the year, supporting a vibrant suburban lifestyle year-round.
Winter
Min:
25°F
Max:
39°F
Spring
Min:
44°F
Max:
65°F
Summer
Min:
67°F
Max:
84°F
Fall
Min:
48°F
Max:
68°F
Average Rainfall Inches:
44.7 inches
Sunny Days Percentage:
57%
Neighbors
Lake Success is a prosperous community with a household median income of $192,500 and a very low poverty rate of 2.3%. Nearly 98% of adults hold a high school diploma, and over 70% have a bachelor’s degree or higher, reflecting a well-educated and affluent population.
Median Income:
$65,000
Household Income:
$192,500
Family Income:
$205,000
Per Capita Income:
$84,200
Income Male:
$91,000
Income Female:
$68,000
Poverty Rate:
2.3%
Non English Speakers:
28.6%
Rent:
$3,700
Unemployment Rate:
3.4%
Public Transport Usage:
18.2%
Commute Time:
41.5 minutes
Education
High School or Higher:
97.9%
Bachelors or More:
71.1%
Education
How are the schools in Lake Success, NY?
Lake Success offers access to acclaimed public and private schools, including Great Neck South High School and North Shore Hebrew Academy, both known for strong academics and low student-teacher ratios. Additionally, higher education options are easily within reach, with Adelphi University and Hofstra University located less than 10 miles away.
Public Schools
Name:
Great Neck South High School
Street:
341 Lakeville Rd
Phone:
516-441-4800
Students:
1,280
Student Teacher Ratio:
10.2
Name:
Lakeville Elementary School
Street:
47-27 Little Neck Pkwy
Phone:
516-441-4300
Students:
900
Student Teacher Ratio:
12.1
Private Schools
Name:
North Shore Hebrew Academy
Street:
16 Cherry Ln
Phone:
516-487-8687
Students:
1,100
Colleges
Name:
Adelphi University
City:
Garden City
State:
NY
Distance:
8 miles
Students:
7,800
Name:
Hofstra University
City:
Hempstead
State:
NY
Distance:
10 miles
Students:
10,200
Healthcare
Access to healthcare is excellent, with top hospitals like North Shore University Hospital and Long Island Jewish Medical Center nearby, and 4.4 physicians available per 1,000 residents. Almost 97% of the population is insured, ensuring comprehensive medical coverage and services close to home.
Major Hospitals
Name:
North Shore University Hospital
Address:
300 Community Dr, Manhasset, NY 11030
Phone:
(516) 562-0100
Type:
General & Surgical
Emergency Services:
Yes
Name:
Long Island Jewish Medical Center
Address:
270-05 76th Ave, New Hyde Park, NY 11040
Phone:
(718) 470-7000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
4.4
Health Insurance Coverage:
96.8%
Health Care Index:
81.2
Housing Market
What is the housing market like in Lake Success, NY?
The housing market in Lake Success is highly competitive, with a median home price of $1.35 million and an impressive 97.4% owner-occupancy rate. Home values have appreciated by 5% over the past year, and rental vacancies are very limited, making it a prime area for long-term investment.
Median Home Price:
$1,350,000
Average Rent For 2 Bedroom:
$3,700
Owner Occupied Rate:
97.4%
Rental Vacancy Rate:
2.1%
Home Appreciation Rate (1yr):
5.0%
New Construction Rate:
0.7%
Foreclosure Rate:
0.2%
DMV Information
DMV services for Lake Success residents are provided by the New York State Department of Motor Vehicles, conveniently accessible online and at regional offices. The department offers comprehensive resources for licensing, registration, and vehicle services throughout the state.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
6 Empire State Plaza, Albany, NY 12228
Phone:
1-518-486-9786
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.