Town of Sylvan Lake

The town of Sylvan Lake is situated on the southeast edge of Sylvan Lake, a 15-kilometre-long freshwater lake in Red Deer County.

Over time, Sylvan Lake has become a favourite vacationing spot for families from both Edmonton and Calgary. In 2024, Sylvan Lake welcomed approximately 670,700 visitors — primarily same‑day travelers from Alberta—reinforcing its role as a strong regional day‑use destination alongside a vibrant seasonal overnight market attracting Canadian, U.S., and international guests. Collectively, visitors spent an estimated $67.4 million in the community, with overnight visitors driving 65% of total spending due to longer stays and accommodation use.

Sylvan Lake is more than just a picturesque destination; it’s a thriving community that combines lakeside charm with vibrant economic opportunities. Located in the heart of Alberta, Sylvan Lake features a pro-business environment and a highly skilled workforce. The quality of life here is unmatched in the Calgary-Edmonton Corridor. Whether you’re looking to invest, grow your business, or enjoy lakeside living, Sylvan Lake is ready to welcome you.

Sylvan Lake’s economy is thriving, bolstered by its high population growth of 13.4% over the past five years, one of the highest rates in Alberta. This rapid growth supports a forward-looking economy driven by tourism, professional services, and manufacturing. Sylvan Lake is a hub for professional services in energy, construction, and engineering, while the manufacturing sector provides opportunities in construction materials and precision manufacturing, supported by regional training institutions.

Population

Population growth - percentage change

Population estimates are periodically revised due to revisions to the underlying data, methodology and to reflect updated base year data from a new census

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Population growth - estimated change year-on-year

Change in population based on yearly population estimates

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Data source: Statistics Canada Population Estimates

Main industries

Main industries

Workforce by industries expressed as a percentage of the total workforce

Data source: Statistics Canada, Census 2021

Households

Household income bands

Total household income grouped by income bands

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Data source: Statistics Canada, Census 2021

Access to major transportation hubs

Distance and driving times by truck to major transportation hubs