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Laconia is located northwest of the geographic center of Belknap County at 43°33′3″N 71°28′5″W / 43.55083°N 71.46806°W / 43.55083; -71.46806 (43.550769, -71.467935). The city lies at the center of New Hampshire's Lakes Region , and all or part of four major bodies of water lie within its limits: Lake Winnipesaukee , Winnisquam Lake , Opechee Bay and Paugus Bay (sometimes counted as an arm of Winnipesaukee, but historically a separate body of water).