HomeMichiganOakland CountySylvan Lake city
Sylvan Lake city, Michigan: commercial real estate data.
Sylvan Lake city 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.
80 sourced place values · tier FULL · 9 sections · 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
- Ninetieth percentile approval$1,185,000
- 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
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
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
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260701
- Currently effective map date09/29/06
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Sylvan Lake
Oakland County context, not Sylvan Lake figures
These are Oakland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Sylvan Lake measurements.
- Establishments in Oakland County39,792
- Employment at those establishments, Oakland County733,671
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Average weekly wage, Oakland County$1,498
- Housing units permitted, Oakland County2,886
- Of those, single family, Oakland County1,870
- County product, 2024, Oakland County$143,144,361,000
- County product change over the prior year, Oakland County3.7 percent
- Average income of an arriving household, Oakland County$85,214
Every figure in this section is published for Oakland County as a whole and is not a measurement of Sylvan Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $3.2 m, across 4 lenders, median approval $110,000, plus 3 504 approvals worth $1.9 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. 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 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.