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The total population of Sylvan Lake is estimated to be 1,729 with 870 males (50.32%) and 859 females (49.68%). There are 11 less females than males in Sylvan Lake.
The median household income in Sylvan Lake was $105,493 in 2021, which marked an an increase of 677(0.65%) from $104,816 in 2020. This income is 141.40% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sylvan Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $131,061. Overall, the median household income for the city of Sylvan Lake stands at $105,493.
In Sylvan Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $68,908 for males and $46,779 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $100,525 for males and $72,737 for females.
In Sylvan Lake, there are just two different racial groups among households. Among these, White households report a median household income of $111,469, while Black or African American households have a median household income of $94,904.
In 2022, the population of Sylvan Lake was 1,706, a 0.12% increase year-by-year from 2021. Previously, in 2021, Sylvan Lake's population was 1,704, a decline of 0.58% compared to a population of 1,714 in 2020.
The median age in Sylvan Lake, MI is 47.7, as per 2021 ACS 5-Year Estimates. Of the total population, 10.74% were under the age of 15, 17.77% aged 15 to 29, 52.47% aged 30 to 64, 17.72% aged 65 to 84, and 1.29% were 85 years of age and older.
Racial distribution of Sylvan Lake population: 88.41% are White, 9.51% are Black or African American, 0.17% are American Indian and Alaska Native, 0.79% are Asian and 1.12% are multiracial.