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ZipNumbers

Michigan · Census place 77860

Sylvan Lake city, MI

Quick answer

Sylvan Lake city has 1,672 residents, ranking #341 of 745 places in Michigan. Median household income is $106,806, the median home is worth $356,800 and median gross rent runs $1,132 a month.

Population
1,672Sylvan Lake city residents
Median household income
$106,806Past 12 months, inflation adjusted
Median home value
$356,800Owner-occupied units
Median gross rent
$1,132Rent plus utilities, monthly
Median age
52.9 yrsAll residents
Homeownership rate
82.1%Owner-occupied households

What the numbers mean in Sylvan Lake city

Housing cost measured against local earnings.

A household earning the Sylvan Lake city median would spend about 12.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 82.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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