All Countries
Sylvan Lake, MI
Full City Profile · Michigan · Oakland County County
4.0
/5.0
A
Great
1,672
Population
3,215/sq mi density
$106,806
Median Income
$83,118 per capita
$356,800
Home Value
$360,681 Zillow
$1,132
Median Rent
30.9% income on rent
49°F
Avg Temperature
260 sunny days/yr
107
Violent Crime/100K
751 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$106,806 median income, 1.8% unemployment
A+
Affordability
4.8 / 5.0
$356,800 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
107 violent crimes/100K
A+
Education
5.0 / 5.0
52.7% bachelor's degree or higher
Income Overview
Median Household Income
$106,806
42% above
US avg: $75,149
Per Capita Income
$83,118
113% above
US avg: $39,052
Unemployment Rate
1.8%
50% below
US avg: 3.6%
Poverty Rate
1.2%
90% below
US avg: 12.4%
Income Comparison: Sylvan Lake vs. U.S. Average
Each bar shows Sylvan Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$106,806
142%
Per Capita
US: $39,052
$83,118
213%
IRS Avg AGI
US: $72,000
$117,718
163%
Avg Weekly Wage
US: $1,432
$1,498
105%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,498
5% above US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
16.6%
9% above US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$143,144M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.8%
Public Transit
0%
Work From Home
16.6%
Other
2.6%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
43,047
Restaurants
3,099
Healthcare
5,524
Retail
4,518
Manufacturing
1,635
Tax & Financial
IRS Avg Adjusted Gross Income
$117,718
63% above US avg ($72,000)
Avg Property Tax
$8,369
139% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $106,806 |
| Per Capita Income | $83,118 |
| IRS Avg Adjusted Gross Income | $117,718 |
| Avg Weekly Wage | $1,498 |
| County GDP | $143,144M |
Hardship Indicators
| Unemployment Rate | 1.8% |
| Poverty Rate | 1.2% |
| Gini Coefficient | 0.467 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 80.8% |
| Public Transit | 0.0% |
| Work From Home | 16.6% |
Businesses
| Total Establishments | 43,047 |
| Restaurants | 3,099 |
| Healthcare | 5,524 |
| Retail | 4,518 |
| Manufacturing | 1,635 |
Tax
| IRS Avg AGI | $117,718 |
| Avg Property Tax | $8,369 |