HomeMichiganOakland CountySylvan Lake
Sylvan Lake, Michigan: commercial real estate data.
Sylvan Lake is a Census city of 1,705 people across 0.52 square miles of land, in Oakland County. Median household income is $106,429, 81.5 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $3.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Sylvan Lake
What Sylvan Lake is
- Census place typecity
- Land area0.52 sq mi
- Water area0.33 sq mi
- Population per square mile of land3,282
- County holding the largest share of its areaOakland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sylvan Lake
How many people live in Sylvan Lake
- Population1,705
- Median age52.8
- Population under 18202 plus or minus 69
- Share under 1811.8 percent plus or minus 3.8
- Population 65 and over366 plus or minus 81
- Share 65 and over21.5 percent
- Households872
- Family households424 plus or minus 88
- Share of households that are families48.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sylvan Lake
Income and work in Sylvan Lake
- Median household income$106,429 plus or minus $35,671
- Per capita income$85,141
- Civilian labor force1,047
- Employed1,017
- Unemployed30 plus or minus 24
- Unemployment rate2.9 percent plus or minus 2.3
- Adults 25 and over1,403
- Adults 25 and over with a high school diploma or higher99.9 percent
- Adults 25 and over with a bachelor degree or higher47.8 percent
- Adults 25 and over with a graduate degree22.7 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sylvan Lake
Housing in Sylvan Lake
- Housing units872
- Occupied units872
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied711
- Renter occupied161 plus or minus 68
- Ownership rate81.5 percent
- Median owner-occupied home value$391,000
- Median gross rent, monthly$1,113 plus or minus $223
- Annual rent as a share of median income12.5 percent plus or minus 4.9
- Single family units791
- Share single family90.7 percent
- Units in buildings of two or more81 plus or minus 52
- Share in buildings of two or more9.3 percent plus or minus 5.9
- Mobile homes0
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sylvan Lake
How Sylvan Lake gets to work
- Workers 16 and over who commute836
- Commuting under 15 minutes135 plus or minus 50
- Share commuting under 15 minutes16.1 percent plus or minus 5.4
- Commuting 30 minutes or more312 plus or minus 98
- Share commuting 30 minutes or more37.3 percent plus or minus 10.2
- Drove alone80.5 percent
- Carpooled0.8 percent plus or minus 1.0
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.9
- Worked from home17.3 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sylvan Lake
SBA loans in Sylvan Lake (7(a))
- Approvals9
- Gross approval$3,190,800
- Average approval$354,533
- Median approval$110,000
- Largest approval$1,185,000
- Jobs supported57
- Jobs per approval6.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises11.1 percent
- Distinct lenders4
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Sylvan Lake, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sylvan Lake
SBA loans in Sylvan Lake (504)
- Approvals3
- Gross approval$1,889,000
- Average approval$629,667
- Median approval$642,000
- Largest approval$914,000
- Jobs supported43
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Sylvan Lake, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sylvan Lake
Flood risk in Sylvan Lake
- NFIP communityCity of Sylvan Lake
- NFIP community number260701
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/06
The City of Sylvan Lake participates in the National Flood Insurance Program as community 260701 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Oakland County, not Sylvan Lake
Oakland County context, not Sylvan Lake figures
- Establishments in Oakland County39,792
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Housing units permitted, Oakland County2,886
Every figure in this section is published for Oakland County as a whole and is not a measurement of Sylvan Lake.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Sylvan Lake questions, answered from the record.
How many people live in Sylvan Lake, Michigan?
1,705, in 872 households. Sylvan Lake city covers 0.52 square miles of land, which is 3,282 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sylvan Lake in?
Oakland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Sylvan Lake?
$106,429. The median owner-occupied home is valued at $391,000. Median gross rent is $1,113 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sylvan Lake businesses?
9 7(a) approvals totaling $3.2 m since FY2020, across 4 lenders, median approval $110,000, plus 3 504 approvals worth $1.9 m since FY2010. These count approvals to borrowers whose address is in Sylvan Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sylvan Lake borrowers get paid back?
No rate is published for Sylvan Lake. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Sylvan Lake in the National Flood Insurance Program?
Yes. Sylvan Lake appears in the FEMA Community Status Book as Sylvan Lake, city of, community 260701, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Sylvan Lake figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Sylvan Lake.
Is zoning published for Sylvan Lake?
No. Nothing on this page presents parcel level zoning.