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. Saranac Lake has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.

Telecommuters are a relatively large percentage of the workforce: 7.89% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

The education level of Saranac Lake ranks among the highest in the nation. Of the 25-and-older adult population in Saranac Lake, 42.76% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

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.