Sleepy Hollow, NY
Population 10,592 · New York
About Sleepy Hollow, NY
Sleepy Hollow is a mid-sized city located in New York with a population of 10,592 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,652 per year, which is 35% above the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Sleepy Hollow features a median home value of $756,700, which is 209% above the national median of $244,900. This places Sleepy Hollow in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,836, 58% above the national average of $1,163/month. Of the 4,155 total housing units, 34% are owner-occupied (1,364 units) and 66% are renter-occupied (2,603 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Sleepy Hollow shows an unemployment rate of 5.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sleepy Hollow have an average one-way commute time of 31.9 minutes.
Education & Demographics
41.4% of Sleepy Hollow residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.3% White, 1.6% Hispanic or Latino, 1.7% Black or African American, and 44.5% Asian residents, with 39.6% of the population being foreign-born.
Cost of Living in Sleepy Hollow, NY
Compared to national averages, Sleepy Hollow has a median household income of $101,652 (35% above the national median of $75,149). Home values average $756,700, which is 209% above the national median. Monthly rent at $1,836 is 58% above the US average of $1,163. Within New York, Sleepy Hollow's income is 5% above the state average of $96,987, and home values are 95% above the state median of $387,181.
Why Live in Sleepy Hollow, NY?
Sleepy Hollow offers a strong local economy with a median household income of $101,652, well above the national average, and a well-educated community where 41.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $756,700. However, Sleepy Hollow’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sleepy Hollow has a population of 10,592 with a median age of 39.6 years. Compare Sleepy Hollow with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Sleepy Hollow
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Scotchtown | 10,544 | $92,889 | $317,400 | Compare |
| Canandaigua | 10,542 | $63,268 | $218,300 | Compare |
| West Haverstraw | 10,663 | $86,167 | $368,600 | Compare |
| Corning | 10,666 | $61,017 | $148,300 | Compare |
| Chestnut Ridge | 10,464 | $113,750 | $668,000 | Compare |
| Mount Kisco | 10,782 | $93,057 | $485,800 | Compare |
| Myers Corner | 10,786 | $109,133 | $379,400 | Compare |
| East Setauket | 10,385 | $149,820 | $613,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sleepy Hollow With Other Cities
Frequently Asked Questions about Sleepy Hollow
What is the population of Sleepy Hollow, NY?
The population of Sleepy Hollow, NY is 10,592 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New York.
What is the median household income in Sleepy Hollow?
The median household income in Sleepy Hollow, NY is $101,652 per year, which is 35% above the national median of $75,149.
What is the median home value in Sleepy Hollow?
The median home value in Sleepy Hollow, NY is $756,700, which is 209% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Sleepy Hollow?
The median monthly rent in Sleepy Hollow, NY is $1,836, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Sleepy Hollow?
The unemployment rate in Sleepy Hollow, NY is 5.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sleepy Hollow, NY a good place to live?
Sleepy Hollow offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,592 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Sleepy Hollow, NY?
41.4% of residents in Sleepy Hollow aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Sleepy Hollow?
Key cost-of-living indicators for Sleepy Hollow, NY: median home value is $756,700 (209% above national), median rent is $1,836/month, and median household income is $101,652. The home-value-to-income ratio is 7.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Sleepy Hollow?
The poverty rate in Sleepy Hollow, NY is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sleepy Hollow, NY?
Sleepy Hollow's population is 1.3% White, 1.6% Hispanic or Latino, 1.7% Black or African American, 44.5% Asian, and 2.5% two or more races. 39.6% of residents are foreign-born.