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Cost of living, pay and housing

42.62° N · 83.33° W · GEOID 2677860

Sylvan Lake

Oakland County, Michigan · part of the Detroit, MI metro

Limited data population under 5,000

MichiganSylvan Lake, MISylvan LakeSylvan Lake

The short answer

Sylvan Lake is home to 1,705 people. Median household income is $106,429 a year and median rent is $1,113 a month, 12.5% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $391,000, about 3.7x annual median household income.

Median gross rent
$1,113
18% below the median place
Median household income
$106,429
33% above the median place
Median home value
$391,000
22% above the median place
Unemployment
4.8%
2% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Sylvan Lake

  • Between the 2019 and 2024 surveys, household income rose 4.6% a year while rent rose -8.3%, so pay gained on rent more than in 98% of the 2,476 places under 10,000 people we track. It is the lowest of 176 Michigan places.
  • The median resident is 52.8 years old, older than in 95% of places its size. It is the 3rd-highest of 176 Michigan places.
  • Households average 1.96 people, smaller than in 95% of places its size.
  • The median rent takes only 12.5% of the median household's income, a smaller share than in 94% of places its size.
  • Owning with a mortgage costs about $1,116 a month more than the median rent, a wider gap than in 89% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 98 out of 100. Budget for insurance before counting the savings.

01

Moving to Sylvan Lake

Oakland County loses about 5.1 residents per 1,000 a year to moves between counties.

Moved in48,484
Moved out53,928
Net−5,444

Where people come from and where they go, top counties

Wayne County, MI13,82411,689+2,135
Macomb County, MI8,0018,330−329
Genesee County, MI2,0622,565−503
Livingston County, MI1,4732,022−549
Cook County, IL7111,007−296
Lapeer County, MI538832−294
Kent County, MI595683−88

Within Michigan, other states or abroad

Arrivals
Leavers
Within MichiganOther statesAbroad

Income per tax return

Arrivals$80K
Leavers$87K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Oakland County; flows under 20 returns are not published.

Who moves here
4.9% of residents arrived from another county in the past year, 1.2% from another state. County figure.
Who arrives and who leaves
Households moving into Oakland County report $80,500 a year in income on average; those leaving, $86,900, so leavers earn more than newcomers.
Income you would need
$44,500 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,113 a month; owners with a mortgage pay $2,229 a month including taxes and insurance, on a median home of $391,000.
Getting to work
25 minutes each way on average; 17.3% work from home.
If it is close but not quite
Kirtland, OH matches it on character. Compare the two
Moved from another state1
1.2%
41% below the median place
Income of households moving out8
$86,922
24% above the median place
Net movers per 1,000 people8
-5.1
below the median place (median -0.6)
All 5 moving measures
MeasureSylvan LakeAmong 6,645 placesVs median
Moved here in the past year1County figure4.9%14% below
Moved from another state1County figure1.2%41% below
Net movers per 1,000 people8County figure-5.1below (median -0.6)
Income of households moving in8County figure$80,49014% above
Income of households moving out8County figure$86,92224% above
02

What it costs to live here

Vacant homes is 0.0%, below the median place (median 7.1%).

Sylvan Lake12.5%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$44,520
a year, at the 30% line
Rent to income
12.5%
39% below the median place
Home price to income
3.7x
3% below the median place

Could you afford it?

The median rent would take
13%
comfortably under the 30% line
Left after rent, in US prices
$91,300
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Sylvan Lake, $1,113 a month, and local prices for everything else (101.4 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Sylvan Lake.

Sponsored · exampleMoving to Sylvan Lake? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
0.0%
below the median place (median 7.1%)
Median year built1
1956
1% below the median place
Homeownership1
81.5%
23% above the median place
All 16 cost and housing measures
MeasureSylvan LakeAmong 6,645 placesVs median
Median gross rent1$1,11318% below
Rent to income112.5%39% below
Property tax rate11.3%40% above
Home price to income13.7x3% below
Prices vs US average2Metro figure100.31% below
Fair market rent, 2 bedrooms3County figure$1,45910% below
HUD area median income4County figure$104,8002% below
Property tax paid (median)1$4,94752% above
Median home value1$391,00022% above
Home prices, 1-year change5County figure4.2%30% above
Home prices, 5-year change5County figure44.8%13% below
Homeownership181.5%23% above
Renters paying 30%+149.4%2% below
Owner costs with a mortgage1$2,22919% above
Vacant homes10.0%below (median 7.1%)
Median year built119561% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$85,141
112% above the median place
Poverty rate1
5.4%
50% below the median place

More on work and pay, against the typical place

Median household income$106,429 +33%
Works from home17.3% +39%
Mean commute25 min −2%
All 10 work and pay measures
MeasureSylvan LakeAmong 6,645 placesVs median
Median household income1$106,42933% above
Income per person1$85,141112% above
Unemployment1County figure4.8%2% below
Average annual pay6County figure$80,23122% above
Pay growth, 1 year6County figure3.0%19% below
Jobs6County figure720,266378% above
Poverty rate15.4%50% below
Mean commute125 min2% below
Works from home117.3%39% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

High school or higher is 99.9%, 8% above the median place.

High school or higher1
99.9%
8% above the median place
Household size1
2.0
22% below the median place
Median age1
52.8
35% above the median place

More about who lives here, against the typical place

Bachelor's or higher47.8% +49%
Homes with broadband93.6% +1%
Born abroad9.1% +3%
All 9 people measures
MeasureSylvan LakeAmong 6,645 placesVs median
Population11,7056646th largest
Population change since 20207-1.6%below (median 1.1%)
Median age152.835% above
Bachelor's or higher147.8%49% above
High school or higher199.9%8% above
Household size12.022% below
Born abroad19.1%3% above
No health insurance1County figure3.8%41% below
Homes with broadband193.6%1% above
05

Life in Sylvan Lake

86 sites are on the National Register of Historic Places, 2 of them National Historic Landmarks.

Out the door, against the typical place

Parks per 10k residents117.3 11.5×
Playgrounds per 10k11.7 +25%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k46.9 4.2×
Libraries per 10k0.0 −100%
Named paths and bike trails2 km −20%
Bus and rail stops per sq mi5.8 27.5×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars23.0 +11%
Shops34.9 +15%
Arts, recreation and fitness4.9 +20%
Doctors' offices and clinics35.2 +74%
Child care centers2.2 −4%

Counts businesses with paid staff, so small owner-run shops are not included.

Doctors' offices and clinics per 10k9
35.2
74% above the median place
Public schools13
336
above the median place (median 9)
Public school students13
169,041
above the median place (median 4,897)
All 16 schools and local life measures
MeasureSylvan LakeAmong 6,645 placesVs median
Public schools13County figure336above (median 9)
Public school students13County figure169,041above (median 4,897)
Students per teacher13County figure17.111% above
Restaurants and bars per 10k9County figure23.011% above
Shops per 10k9County figure34.915% above
Arts, recreation and fitness per 10k9County figure4.920% above
Doctors' offices and clinics per 10k9County figure35.274% above
Child care centers per 10k9County figure2.24% below
Parks per 10k10117.3above (median 10.2)
Playgrounds per 10k1011.725% above
Grocery stores per 10k100.0below (median 2.1)
Restaurants, cafes and bars per 10k1046.9321% above
Libraries per 10k100.0below (median 0.9)
Named paths and bike trails101.620% below
Transit stops per sq mi105.8above (median 0.2)
National Register listings11County figure86above (median 13)
06

Safety, weather and risk

Violent crime per 100k is 0, below the median place (median 192).

Violent crime per 100k
0
below the median place (median 192)
Property crime per 100k
526
57% below the median place
Months reported
12 of 12
by the city police department to the FBI

Counts only offenses reported by the city police department. Sheriff, state and campus police are not included, and some departments do not report to the FBI at all, so compare with care.

Tornado risk15
99.7
22% above the median place
January average low14
16°F
36% below the median place
Average temperature14
48°F
12% below the median place
All 11 weather and risk measures
MeasureSylvan LakeAmong 6,645 placesVs median
July average high14County figure82°F5% below
January average low14County figure16°F36% below
Average temperature14County figure48°F12% below
Annual precipitation14County figure33.2 in24% below
Natural hazard risk15County figure97.55% above
Hurricane risk15County figure51.028% below
Tornado risk15County figure99.722% above
Wildfire risk15County figure58.15% below
Heat wave risk15County figure97.48% above
Median air quality index16County figure415% below
Good air days16County figure69.1%1% above
08

Sylvan Lake in 2030: where the trends point

If recent trends hold, the median rent will take about 12% of the median income in 2030, down from 13% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,113/mo (2024)$1,320/mo$1,090 to $1,610/mo+2.9%
Median household income$106,429 (2024)$134,500$113,500 to $159,000+4.0%
Median home value$391,000 (2024)$574,000$416,000 to $790,000+6.6%
Population1,685 (2025)1,6901,620 to 1,760+0.0%

The median home would be worth 4.3 years of the median income in 2030, against 3.7 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Sylvan Lake

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Kirtland, OH$874$110,455Compare
Maryville, IL$1,145$100,670Compare
Warwick, NY$1,296$89,609Compare
Lake Norman of Catawba, NC$1,319$112,656Compare
Lake Norman of Catawba, NCWarwick, NYMaryville, ILKirtland, OHSylvan Lake, MISylvan LakeKirtlandMaryvilleWarwickLake Norman of CatawbaSylvan LakeKirtlandMaryvilleWarwickLake Norman of Catawba

Common questions

Is Sylvan Lake a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2024 surveys, household income rose 4.6% a year while rent rose -8.3%, so pay gained on rent more than in 98% of the 2,476 places under 10,000 people we track. It is the lowest of 176 Michigan places. The median resident is 52.8 years old, older than in 95% of places its size. It is the 3rd-highest of 176 Michigan places. On cost, space and class size it scores 78 out of 100 for families. See how it ranks with your own weights.

Is Sylvan Lake expensive to live in?

The median rent takes 12.5% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $391,000.

What salary do you need to live in Sylvan Lake?

To rent the median home without spending more than 30% of income on rent, a household needs about $44,520 a year. Work it out from your current city.

Is Sylvan Lake safe?

There were 0 reported violent crimes per 100,000 residents, against 192 in the typical place.

What places are similar to Sylvan Lake?

On income, rent, home value, education and age, the closest matches are Kirtland, OH, Maryville, IL, Warwick, NY and Lake Norman of Catawba, NC.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Sylvan Lake with places of a similar size, using only figures measured for Sylvan Lake itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/sylvan-lake-michigan

Citytistics. “Sylvan Lake, Michigan.” Data as of 2026-11-14. https://www.citytistics.com/city/sylvan-lake-michigan/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.