How many renters in Sylvan Lake, MI pay more than 30% of their income on rent?
49.4% (±23.8 points) of renting households in Sylvan Lake, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
41.8% spend 35% or more.
The median renting household spends 29.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 49.4% (±23.8 points)
- Paying 35% or more
- 41.8% (±21.5 points)
- Median share of income
- 29.7% (±14.7 points)
Rent as a share of income in Sylvan Lake
| Share of income spent on rent | Sylvan Lake | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 30.4% (±24.0 points) | 15.2% | 13.5% | 12.6% |
| 15% to 19.9% | 0.0% (±17.2 points) | 14.4% | 12.2% | 12.2% |
| 20% to 24.9% | 8.9% (±9.4 points) | 13.5% | 12.4% | 12.6% |
| 25% to 29.9% | 11.4% (±15.1 points) | 12.0% | 11.5% | 11.5% |
| 30% to 34.9% | 7.6% (±10.3 points) | 8.1% | 9.0% | 9.2% |
| 35% or more | 41.8% (±21.5 points) | 36.6% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Sylvan Lake against Oakland County, its state and the nation
| Sylvan Lake | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 49.4% (±23.8 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 41.8% (±21.5 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 29.7% (±14.7 points) | 27.8% (±0.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $43,938 (±$25,035) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median gross rent | $1,113 (±$223) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
In Sylvan Lake, the share of renters paying 30% or more of income is not measurably different from Oakland County (44.7%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Oakland County, Sylvan Lake ranks 22 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 608 of 1,485.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Sylvan Lake
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Sylvan Lake | — | 49.4% (±23.8 points) | — |
| Keego Harbor | 0.9 mi | 60.5% (±21.7 points) | Not measurably different |
| Orchard Lake Village | 2.7 mi | 0.0% (±111.7 points) | Not measurably different |
| Pontiac | 3.2 mi | 55.1% (±5.0 points) | Not measurably different |
| Bloomfield Charter Township | 4.0 mi | 29.8% (±9.8 points) | Not measurably different |
| Waterford Charter Township | 4.2 mi | 50.3% (±5.3 points) | Not measurably different |
| West Bloomfield Charter Township | 4.4 mi | 56.3% (±8.5 points) | Not measurably different |
| Bloomfield Hills | 5.1 mi | 56.1% (±33.6 points) | Not measurably different |
| Auburn Hills | 6.1 mi | 40.5% (±6.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Oakland County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 16 | Southfield | 54.7% (±4.9 points) |
| 17 | Brandon Charter Township | 53.3% (±26.0 points) |
| 18 | Waterford Charter Township | 50.3% (±5.3 points) |
| 19 | Springfield Charter Township | 50.2% (±28.0 points) |
| 20 (tie) | Oak Park | 49.6% (±8.3 points) |
| 20 (tie) | Lyon Charter Township | 49.6% (±16.1 points) |
| 22 | Sylvan Lake | 49.4% (±23.8 points) |
| 23 | Southfield Township | 48.0% (±33.8 points) |
| 24 | Rochester | 46.5% (±9.6 points) |
| 25 | Holly Township | 46.0% (±18.7 points) |
| 26 | Wixom | 43.4% (±8.0 points) |
| 27 | Farmington Hills | 43.0% (±4.7 points) |
| 28 | Madison Heights | 41.3% (±8.6 points) |
Showing 13 of 49 places in Oakland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Sylvan Lake
Are renters in Sylvan Lake rent-burdened?
49.4% of renting households in Sylvan Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Sylvan Lake spend on rent?
The median renting household in Sylvan Lake, MI spends 29.7% (±14.7 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sylvan Lake city, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Sylvan Lake city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sylvan Lake city, Michigan
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Sylvan Lake city, Michigan (place:77860, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Sylvan Lake
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- Michigan landlord and tenant rules
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- Housing data for every place in Michigan