Sylvan Lake, MI
Population 1,672 · Michigan
About Sylvan Lake, MI
Sylvan Lake is a small community in Michigan with a population of 1,672 residents. The median household income is $106,806 per year, which is above the national average. The median age in Sylvan Lake is 52.9 years.
Housing in Sylvan Lake has a median home value of $356,800 and median monthly rent of $1,132. Of the 873 total housing units, the majority are owner-occupied, with 717 owner-occupied and 156 renter-occupied units.
The unemployment rate in Sylvan Lake is 2.8% and the poverty rate is 3.6%. 52.7% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
How Sylvan Lake Ranks in Michigan
Cost of Living in Sylvan Lake, MI
Compared to national averages, Sylvan Lake has a median household income of $106,806 (42% above the national median of $75,149). Home values average $356,800, which is 46% above the national median. Monthly rent at $1,132 is 3% below the US average of $1,163. Within Michigan, Sylvan Lake's income is 62% above the state average of $66,017, and home values are 95% above the state median of $183,391.
Why Live in Sylvan Lake, MI?
Sylvan Lake offers a strong local economy with a median household income of $106,806, well above the national average, and rent that’s lower than the national average at $1,132/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a well-educated community where 52.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average.
Sylvan Lake has a population of 1,672 with a median age of 52.9 years. Compare Sylvan Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Sylvan Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Howard City | 1,683 | $52,663 | $143,800 | Compare |
| Wacousta | 1,686 | $126,471 | $271,200 | Compare |
| Tawas City | 1,654 | $46,797 | $124,000 | Compare |
| Bingham Farms | 1,652 | $218,750 | $570,900 | Compare |
| Zilwaukee | 1,696 | $57,449 | $87,900 | Compare |
| Morrice | 1,647 | $63,611 | $114,900 | Compare |
| Laingsburg | 1,640 | $75,547 | $202,600 | Compare |
| Grayling | 1,638 | $31,719 | $131,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Sylvan Lake
What is the population of Sylvan Lake, MI?
The population of Sylvan Lake, MI is 1,672 according to the latest Census data.
What is the median household income in Sylvan Lake?
The median household income in Sylvan Lake, MI is $106,806 per year.
What is the median home value in Sylvan Lake?
The median home value in Sylvan Lake, MI is $356,800.
What is the average rent in Sylvan Lake?
The median monthly rent in Sylvan Lake, MI is $1,132.
What is the unemployment rate in Sylvan Lake?
The unemployment rate in Sylvan Lake, MI is 2.8%.