As of the census of 2000, there were 2,616 people, 1,104 households, and 705 families residing in the village. The population density was 706.3/km² (1,826.8/mi²). There were 1,190 housing units at an average density of 321.3/km² (831.0/mi²). The racial makeup of the village was 99.16% White, 0.08% Black or African American, 0.31% Asian, 0.04% from other races, and 0.42% from two or more races. 0.31% of the population were Hispanic or Latino of any race.
There were 1,104 households out of which 31.4% had children under the age of 18 living with them, 53.9% were married couples living together, 7.8% had a female householder with no husband present, and 36.1% were non-families. 33.0% of all households were made up of individuals and 18.8% had someone living alone who was 65 years of age or older. The average household size was 2.35 and the average family size was 3.03.
In the village the population was spread out with 25.8% under the age of 18, 4.3% from 18 to 24, 22.9% from 25 to 44, 27.6% from 45 to 64, and 19.5% who were 65 years of age or older. The median age was 44 years. For every 100 females there were 87.0 males. For every 100 females age 18 and over, there were 80.1 males.
The median income for a household in the village was $57,083, and the median income for a family was $85,403. Males had a median income of $60,529 versus $36,797 for females. The per capita income for the village was $29,170. 3.0% of the population and 0.9% of families were below the poverty line. 0.8% of those under the age of 18 and 5.9% of those 65 and older were living below the poverty line.
The village is at the north end of Skaneateles Lake, a Finger Lake. Skaneateles is located at 42°56'48" North, 76°25'42" West (42.946893, -76.428586).
According to the United States Census Bureau, the village has a total area of 4.5 km² (1.7 mi²). 3.7 km² (1.4 mi²) of it is land and 0.7 km² (0.3 mi²) of it is water. The total area is 16.28% water.