Living in South Lyon, Michigan
Cost of living, income, home prices, rent and demographics of South Lyon · Census data 2020–2024
South Lyon has 11,950 residents with a median age of 41.8. The median household income is $92,467 (27% higher than the Michigan median), the median home value is $294,600, the median rent is $1,310/month.
South Lyon at a glance
- Population
- 11,950
- Median age
- 41.8State: 40.2
- Median household income
- $92,467State: $72,875
- Median home value
- $294,600State: $231,600
- Median rent
- $1,310/moState: $1,129
- Homeowners
- 81.3%
- Bachelor's degree or higher
- 47.2%
- Average commute
- 32 min
Is South Lyon a good place to live?
Pros: Median household income 27% higher than the Michigan median; unemployment of 3.7%; a poverty rate of 4%.
Cons: Home values 27% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in South Lyon
Housing is the biggest part of the cost of living. In South Lyon the median home value is $294,600, 11% lower than the U.S. median. Renters pay a median of $1,310 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,898 a month in housing costs.
South Lyon median household income
The median household income in South Lyon is $92,467 and the income per person is $50,721. 4% of residents live below the poverty line (Michigan: 13.2%).
Housing in South Lyon: homes for sale and rent
- Housing units
- 5,155
- Owner-occupied
- 81.3%
- Renter-occupied
- 18.8%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.39
South Lyon demographics
- Population
- 11,950
- Median age
- 41.8
- Under 18
- 20.5%
- 65 and older
- 17.2%
- Households
- 4,976
- Foreign-born
- 6.5%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of South Lyon ›
Education in South Lyon
47.2% of adults 25 and older in South Lyon have a bachelor's degree or higher (Michigan: 32.4%), and 18.7% have a graduate or professional degree.
Jobs and commute in South Lyon
- Unemployment rate
- 3.7%State: 5.7%
- Average commute
- 32 minState: 24 min
- Work from home
- 16.2%
- Drive alone
- 77%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 94.1%
South Lyon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Lyon | 11,950 | $92,467 | $294,600 | $1,310 |
| Whitmore Lake | 7,878 | $86,779 | $287,700 | $1,329 |
| Wixom | 17,295 | $65,485 | $365,200 | $1,035 |
| Brighton | 7,688 | $80,682 | $339,000 | $1,198 |
| Novi | 66,717 | $110,723 | $421,900 | $1,747 |
| Northville | 6,069 | $145,530 | $465,400 | $1,623 |
| Milford | 6,487 | $105,713 | $363,700 | $1,173 |
| Walled Lake | 7,299 | $72,055 | $224,200 | $1,419 |
| Wolverine Lake | 4,487 | $92,247 | $288,000 | $2,051 |
More for people moving to South Lyon
South Lyon ZIP code ›Weather and climate ›Living in South Lyon: FAQ
What is the median household income in South Lyon, MI?
The median household income in South Lyon is $92,467, 27% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in South Lyon?
The median home value in South Lyon is $294,600, compared with $231,600 in Michigan.
How much is rent in South Lyon?
The median gross rent in South Lyon is $1,310 per month, about 27.5% of household income.
Is South Lyon, MI a good place to live?
Pluses: median household income 27% higher than the Michigan median; unemployment of 3.7%; a poverty rate of 4%. Minuses: home values 27% higher than the state median; an average commute of 32 minutes.
What is the median age in South Lyon?
The median age in South Lyon is 41.8 years (Michigan: 40.2).
How long is the commute in South Lyon?
The average commute to work in South Lyon is 32 minutes; 16.2% of workers work from home.
What is the unemployment rate in South Lyon?
The unemployment rate in South Lyon is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Lyon?
47.2% of adults in South Lyon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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