This data is based on ZIP codes 48320, 48324, 48341, which covers Sylvan Lake and Keego Harbor and Orchard Lake Village and Pontiac.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 48320, 48324, 48341 area shared across these towns.
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Sylvan Lake ZIP Area Economy · 2023
Wages -9% vs. avg. Oakland Co. town
Sylvan Lake's ZIP area supports 20,702 jobs across 773 businesses, with workers earning an average of $68K per year, 9% below the Oakland County average. The economy is well-diversified (0.91 index), led by healthcare and retail trade. 86.9% of businesses have fewer than 20 employees, and each business employs an average of 26.8 people. Jobs declined 6.6% from the prior year while business count grew 0%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Oakland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
773 businesses by employee count. 86.9% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
26.8
employees per business
County avg: 20.4+31%
$823K
payroll per resident
$1.8M
payroll per business
Sylvan Lake ZIP Area vs. Avg. Oakland Co. Towni
All Industries in ZIP Areai
| Sector | Sylvan Lake ZIP | Avg. Oakland Co. | Spec. |
|---|---|---|---|
| Healthcare | 112 | 208 | 1.0x |
| Retail Trade | 92 | 160 | 1.1x |
| Professional Services | 92 | 244 | 0.7x |
| Food & Accommodation | 76 | 112 | 1.3x |
| Construction | 75 | 92 | 1.5x |
| Other Services | 68 | 108 | 1.2x |
| Admin Services | 61 | 95 | 1.2x |
| Real Estate | 38 | 66 | 1.1x |
| Finance & Insurance | 32 | 98 | 0.6x |
| Wholesale Trade | 29 | 82 | 0.7x |
| Manufacturing | 25 | 65 | 0.7x |
| Arts & Entertainment | 19 | 22 | 1.6x |
| Transportation | 17 | 25 | 1.3x |
| Information | 15 | 30 | 0.9x |
| Education | 9 | 18 | 0.9x |
| Management | 6 | 18 | 0.6x |