Paycheck Atlas

Sylvan Lake, MI

1,705Residents
$106,429Median household income
$1,113/moMedian gross rent
$391,000Median home value
52.8Median age
48%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
3.7×Home value to household income

Median rent takes about 13% of the median household income in Sylvan Lake.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $45,000 a year. In Michigan that leaves roughly $3,035 a month after tax. See the full paycheck breakdown for $45,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.