Wilmington, NY

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Wilmington short-term rental market based on reliable data.

Listings

153 / 242

Reliable / Active

Revenue

$43,596

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Top Earners

$92,294

Top-Earners Revenue

Wilmington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Wilmington.

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B

Generally Investor friendly

Wilmington Regulations

STRs are allowed with a straightforward municipal license and county registration; permitting is moderate (annual license, biennial inspection, modest fee) and the cap of 150 permits is known. However, the cap is tight given ~35% of units were already permitted in 2024 and no platform tax remittance increases compliance burdens and risk.

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About Wilmington

Wilmington is a small town in Essex County, New York, tucked into the northeastern Adirondack Mountains. With a year-round population of roughly 800, it has the feel of a quiet forest community rather than a resort village, yet it sits at the heart of one of the most visited outdoor-recreation corridors in the Northeast. Wilmington is best known as the gateway to Whiteface Mountain, host of the alpine events during the 1980 Winter Olympics, and it draws skiers, hikers, climbers, and fall-foliage travelers throughout the year. The town lies about twelve miles northeast of Lake Placid and roughly sixty miles south of Plattsburgh, the nearest city of meaningful size.

Whiteface Mountain dominates the town's eastern skyline and is the central draw for visitors in every season. Its ski area has the highest vertical drop in the eastern United States and still uses the same downhill, super-G, and slalom courses built for the 1980 Olympics, which the public can ski on today. In summer and fall, the Veterans' Memorial Highway climbs to a stone observation deck near the summit, offering sweeping views of the High Peaks and, on clear days, glimpses into Vermont and Quebec. The ski area and base lodge are just minutes from the center of town. Whiteface Mountain

Just down the road from the ski area, Santa's Workshop is a small, family-oriented Christmas theme park that has operated since 1949, making it one of the oldest continuously running amusement parks in the country. Set on the mountainside in a hamlet called "North Pole," it features old-fashioned rides, costumed characters, and a year-round home for Santa, drawing generations of families traveling through the region.

Lake Placid, the better-known Olympic village, is only about fifteen minutes west of Wilmington. Visitors there can walk the shops and restaurants of Main Street, tour the Lake Placid Olympic Museum, ride the Cloudsplitter Gondola on Little Whiteface, or skate at the Olympic speedskating oval. The surrounding High Peaks Wilderness offers hundreds of miles of hiking trails, including several of the most demanding day hikes in the Adirondacks, while the Ausable River, which carves through Wilmington Notch on its way past town, draws fly fishers and whitewater paddlers through the warmer months.

Wilmington's mix of small-town quiet, direct access to one of the Northeast's most celebrated ski mountains, and close proximity to Lake Placid makes it a natural base for short-term rentals. Guests who stay here can enjoy a more relaxed, forested setting than the busier Olympic village while remaining a short drive from the region's marquee attractions, dining, and event venues.

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