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Sylvan Lake, AB
Full City Profile · Alberta
Sylvan Lake, AB
At a Glance
How Sylvan Lake Compares to the U.S. Average
Each bar shows Sylvan Lake's value as a percentage of the national average (100% = U.S. avg)
Is Sylvan Lake a Good Place to Live?
Economy & Jobs
Sylvan Lake residents earn a median household income of $92,000 , which is 22% above the national average of $75,149. Per capita income is $58,750. The unemployment rate stands at 14.7% (308% above the U.S. rate of 3.6%). 9.4% of residents live below the poverty line. The area is home to 496 business establishments.
Housing & Cost of Living
The median home value in Sylvan Lake is $352,000 , 25% above the national median of $281,900. Median rent is $1,360/month, with 23.7% of renters spending more than 30% of income on housing.
Education
10.1% of adults in Sylvan Lake hold a bachelor's degree or higher (70% below the national average). 33.8% have completed high school.
Climate & Weather
Sylvan Lake has an average annual temperature of 41°F (5°C). Winters average 21°F in January while summers reach 62°F in July. The area gets 279 sunny days per year. Annual precipitation totals 22.8 inches.