Sylvan Lake, MI
Full City Profile · Michigan · Oakland County County
Sylvan Lake, MI
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 $106,806 , which is 42% above the national average of $75,149. Per capita income is $83,118. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 1.2% of residents live below the poverty line. The area is home to 43,047 business establishments, including 3,099 restaurants.
Housing & Cost of Living
The median home value in Sylvan Lake is $356,800 , 27% above the national median of $281,900. Zillow estimates the typical home at $376,635. Median rent is $1,132/month, with 30.9% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1955.
Safety & Crime
Sylvan Lake reports 59 violent crimes per 100,000 residents , which is 85% below the national average of 380/100K. Property crime is 766/100K.
Education
52.7% of adults in Sylvan Lake hold a bachelor's degree or higher (56% above the national average). 99.7% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Sylvan Lake has an average annual temperature of 48°F (9°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 29.2 inches. Air quality is rated Good with a median AQI of 45.