South Lyon, MI
11,950Residents
$92,467Median household income
$1,310/moMedian gross rent
$294,600Median home value
41.8Median age
47%Adults with a bachelor’s degree or higher
81%Homes lived in by their owners
3.2×Home value to household income
Median rent takes about 17% of the median household income in South Lyon.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $52,000 a year. In Michigan that leaves roughly $3,479 a month after tax. See the full paycheck breakdown for $50,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.