Lake placid is located in Highlands county Florida with a geographic area of 4.7 square miles. The total population in Lake placid is 2,306 with 47.4% male and 52.6% female. Children under age 5 represent 3.7% of the population, under age 18 equal 24.9% of the population and over age 65 is 23.5% of the population. The median household income is $33,021, per capita income is $18,170. There are a total of 764 housing units with 57.2% owner occupied. Education includes 33.2% of residents that are high school graduates and 26.8% with a bachelor's degree or higher. The average temperature in Lake placid in the summer is 80 degrees, and in the winter 56 degrees.