Sylvan Lake, MI's Data
About Sylvan Lake, MI's
Sylvan Lake, known as 'The Prettiest Little City in the State of Michigan,' is a small city located in Oakland County. Established in 1921, Sylvan Lake borders Pontiac and is part of the Detroit metropolitan area. The city's name derives from the presence of a small lake also named Sylvan Lake within its boundaries. The community is characterized by its scenic views, quaint residential streets, and a tight-knit community atmosphere.
City: Sylvan Lake
State: Michigan
Country: United States
Population: Approximately 1,800 residents based on recent census data.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Sylvan Lake, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Sylvan Lake, MI
Sylvan Lake Beach and Park - A popular spot for swimming, picnicking, and boating.
Community Center - Hosts various events, meetings, and recreational activities.
Oakland County Boat Club - A private club offering boating activities and social events.
Clinton River Trail - Offers scenic routes for biking, walking, and outdoor enjoyment.
Featherstone Park - A serene park with playgrounds and sports facilities.
The Economy of Sylvan Lake, MI
The economy of Sylvan Lake is primarily residential with a focus on local businesses that cater to the needs of its residents. The city benefits from its proximity to larger economic hubs like Detroit, which provides employment opportunities for many of its residents. Local commerce is supported by small businesses, retail shops, and services that contribute to the community's economic stability.
Sylvan Lake, MI Inflation
Understanding the BLS and Inflation in Sylvan Lake, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Sylvan Lake, MI. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Sylvan Lake, MI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Sylvan Lake, MI using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Sylvan Lake, MI when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Sylvan lake, MI
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