Living in Sleepy Hollow, Illinois
Cost of living, income, home prices, rent and demographics of Sleepy Hollow · Census data 2020–2024
Sleepy Hollow has 3,161 residents with a median age of 52.3. The median household income is $149,813 (80% higher than the Illinois median), the median home value is $382,800, the median rent is $1,363/month.
Sleepy Hollow at a glance
- Population
- 3,161
- Median age
- 52.3State: 39
- Median household income
- $149,813State: $83,390
- Median home value
- $382,800State: $263,300
- Median rent
- $1,363/moState: $1,274
- Homeowners
- 93.2%
- Bachelor's degree or higher
- 47.2%
- Average commute
- 34 min
Is Sleepy Hollow a good place to live?
Pros: Median household income 80% higher than the Illinois median; unemployment of 5.1%; a poverty rate of 4.7%.
Cons: Home values 45% higher than the state median; an average commute of 34 minutes.
The weather is best in June to September.
Cost of living in Sleepy Hollow
Housing is the biggest part of the cost of living. In Sleepy Hollow the median home value is $382,800, 15% higher than the U.S. median. Renters pay a median of $1,363 per month, which is 36.6% of household income. Homeowners with a mortgage pay $2,392 a month in housing costs.
Sleepy Hollow median household income
The median household income in Sleepy Hollow is $149,813 and the income per person is $74,152. 4.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Sleepy Hollow: homes for sale and rent
- Housing units
- 1,214
- Owner-occupied
- 93.2%
- Renter-occupied
- 6.8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.60
Sleepy Hollow demographics
- Population
- 3,161
- Median age
- 52.3
- Under 18
- 13.8%
- 65 and older
- 22.4%
- Households
- 1,214
- Foreign-born
- 10.8%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Sleepy Hollow ›
Education in Sleepy Hollow
47.2% of adults 25 and older in Sleepy Hollow have a bachelor's degree or higher (Illinois: 37.8%), and 17.6% have a graduate or professional degree.
Jobs and commute in Sleepy Hollow
- Unemployment rate
- 5.1%State: 5.8%
- Average commute
- 34 minState: 28 min
- Work from home
- 15.4%
- Drive alone
- 68.2%
- Public transit
- 4%
- Walk to work
- 0%
- Homes with broadband
- 95.9%
Sleepy Hollow vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sleepy Hollow | 3,161 | $149,813 | $382,800 | $1,363 |
| West Dundee | 7,906 | $105,368 | $360,800 | $1,666 |
| Carpentersville | 37,346 | $86,917 | $234,100 | $1,414 |
| Gilberts | 8,606 | $146,333 | $347,300 | $1,901 |
| East Dundee | 3,146 | $89,583 | $300,000 | $1,277 |
| Elgin | 114,934 | $90,282 | $273,000 | $1,361 |
| Algonquin | 30,067 | $134,525 | $351,000 | $1,723 |
| Pingree Grove | 10,914 | $114,294 | $320,800 | $3,501 |
| Lake in the Hills | 28,800 | $117,151 | $321,900 | $1,689 |
More for people moving to Sleepy Hollow
Sleepy Hollow ZIP code ›Weather and climate ›Living in Sleepy Hollow: FAQ
What is the median household income in Sleepy Hollow, IL?
The median household income in Sleepy Hollow is $149,813, 80% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sleepy Hollow?
The median home value in Sleepy Hollow is $382,800, compared with $263,300 in Illinois.
How much is rent in Sleepy Hollow?
The median gross rent in Sleepy Hollow is $1,363 per month, about 36.6% of household income.
Is Sleepy Hollow, IL a good place to live?
Pluses: median household income 80% higher than the Illinois median; unemployment of 5.1%; a poverty rate of 4.7%. Minuses: home values 45% higher than the state median; an average commute of 34 minutes.
What is the median age in Sleepy Hollow?
The median age in Sleepy Hollow is 52.3 years (Illinois: 39).
How long is the commute in Sleepy Hollow?
The average commute to work in Sleepy Hollow is 34 minutes; 15.4% of workers work from home.
What is the unemployment rate in Sleepy Hollow?
The unemployment rate in Sleepy Hollow is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sleepy Hollow?
47.2% of adults in Sleepy Hollow 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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