Our REALTORS® love Lake George! Named for the Queen of American Lakes, which hosts more than 50,000 people in the summer, the town of Lake George is located in Warren County. Its year-long population is about 3,500. Established in 1810, it is rich with history and small town charm.
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Lake George’s community of 3,500 is divided into 1,500 households and about 1,000 families. Around 97% of the population identifies as white, with less than a percentage point each from other racial backgrounds. The median age is 42, older than the state as a whole. The median household income for the town is just north of $42,000 annually. The median family income nears $50,000 annually. There are a total of 2,500 or so housing units, with anywhere from 100 to 300 units on the market at any given time.
The median listing price in Lake George tops $250,000, but this can be deceiving, as homes are available for a variety of budgets. Prospective buyers should budget $150,000 to $170,000 to confidently enter the market and explore 2-3 bed, 1-2 bath homes. Browse the newest real estate listings in Lake George, NY.
The Lake George Central School District oversees public education in this area. It is thought of as a superior school district with many strengths. It stands out for the great safety and cleanliness of its facilities as well as its afterschool programs. In fact, it is recognized as one of the top 25 safest districts in the state. Programs are available for gifted students, as well as for high school students who wish to earn early college credit. Teacher performance is another area where the district stands out. Standardized test scores are consistently in a high range.
Lake George is surrounded by a number of colleges and universities. SUNY Empire State College in Saratoga Springs is one of the most popular selections for rising students. Skidmore College and Castleton University are other options close by. Find homes for sale in Lake George by school district.
With the city of Saratoga Springs a half an hour from home, many Lake George professionals have a pleasant commute. The city of 28,000 people is a fast-growing economic engine of the Capital District, anchoring Saratoga County with a business-friendly atmosphere.
Leading companies include Momentive Performance Materials, State Farm Insurance, and Stewart’s Ice Cream. A full spectrum of state-of-the-art medical facilities also adds thousands of jobs, with brands such as Saratoga Hospital and Wesley Health. This area is crucial to the logistics of the Capital District and New York as a whole. With that in mind, there are several large distribution hubs operated by retail players like Target and Ace Hardware.
Lake George is famed in the region as site of the last remaining Howard Johnson’s restaurant. The brand operated exclusively in the restaurant industry for nearly a century before becoming known for its current chain of hotels and motels.
Several points of note around Lake George are listed on the National Register of Historic Places or are recognized as National Historic Landmarks. Among them are the Land Tortoise Shipwreck Site and the Owl’s Nest, historic home of American realist author Edward Eggleston.
Aside from Lake George itself, which is renowned for its fishing and water sports, the iconic attraction in the local area is Fort William Henry. This former British fort became notorious in 1757. Astonishingly well-preserved, it now includes a museum and a cast of re-enactors.
Coldwell Banker Prime Properties can help you find the home of your dreams in Lake George, NY. For personalized advice from experienced local real estate professionals, contact us today.
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