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
Compare with nearby places
Places of similar size in Michigan.
- Zilwaukee city 1,696
- Wacousta CDP 1,686
- Howard City village 1,683
- Tawas City city 1,654
- Bingham Farms village 1,652
- Morrice village 1,647
- Laingsburg city 1,640
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