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Sleepy Hollow

Learn about the people, housing, costs and businesses in Sleepy Hollow, Illinois

Median Home$357,089
Median Rent$1,752/month
Population3,352
Leading IndustriesWholesale Trade · Professional Services · Education13% wholesale trade
Home Value Growth⬆⬆+16.4% over 2 years
Young Adults25% of residents
Homeowners70% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableHighly Educated28% bachelor's · 15% graduate · top 12% nationally
Sleepy Hollow
IL

Frequently Asked Questions

What are today's mortgage rates in Sleepy Hollow?

As of today, the 30-year fixed mortgage rate for Sleepy Hollow is approximately 6.897% (6.903% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sleepy Hollow?

The median home value in Sleepy Hollow is $357k. The median monthly rent is $1,752. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sleepy Hollow?

Home values in Sleepy Hollow have increased 16.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sleepy Hollow?

Based on a typical all-in ownership cost of $1,797/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sleepy Hollow is $101k/year.

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What industries drive the economy in Sleepy Hollow?

The largest employment sectors in Sleepy Hollow are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.