Sylvan Lake vs Bingham Farms
Side-by-side comparison
How does Sylvan Lake, MI compare to Bingham Farms, MI? Sylvan Lake has a population of 1,672 with a median household income of $106,806, while Bingham Farms has 1,652 residents and a median income of $218,750. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Sylvan Lake, MI | Bingham Farms, MI | Difference |
|---|---|---|---|
| Population | 1,672 | 1,652 | +1.2% |
| Median Age | 52.9 | 67.3 | -21.4% |
| Foreign Born % | 9.4% | 13.3% | -29.3% |
| Metric | Sylvan Lake | Bingham Farms | Difference |
|---|---|---|---|
| Median Income | $106,806 | $218,750 | -51.2% |
| Unemployment | 2.8% | 3.2% | -12.5% |
| Poverty Rate | 3.6% | 27.4% | -86.9% |
| Bachelor's+ | 52.7% | 66% | -20.2% |
| Metric | Sylvan Lake | Bingham Farms | Difference |
|---|---|---|---|
| Home Value | $356,800 | $570,900 | -37.5% |
| Median Rent | $1132/mo | $0/mo | +113200.0% |
| Housing Units | 873 | 506 | +72.5% |