What is the median home price in Sleepy Eye?

The median home price in Sleepy Eye, Sleepy Eye city, Minnesota is $130,000, which is 54% below the national average of 281,900 ($281,900).

Sleepy Eye, Sleepy Eye city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Sleepy Eye?

The median household income in Sleepy Eye, Sleepy Eye city, Minnesota is $63,163, which is 15% below the national average of 74,580 ($74,580).

What is the average rent in Sleepy Eye?

The median rent in Sleepy Eye, Sleepy Eye city, Minnesota is $755 per month. The national average median rent is $1,163/month.

What is the population of Sleepy Eye?

The population of Sleepy Eye, Sleepy Eye city, Minnesota is approximately 3,452. The homeownership rate is 84.6% (national average: 65.9%).

What is the unemployment rate in Sleepy Eye?

The unemployment rate in Sleepy Eye, Sleepy Eye city, Minnesota is 4.2%. The national average unemployment rate is 3.7%. The poverty rate is 7.9% (national average: 12.4%).

Sleepy Eye

Sleepy Eye city, Minnesota

Affordable

About Sleepy Eye

Nestled in the heart of Minnesota, Sleepy Eye offers a refreshing alternative to the hustle and bustle of city life, providing a charming small-town experience without sacrificing affordability. With a population of just over 3,400 residents, this close-knit community boasts a median home value of around $130,000, significantly lower than the national average. This attractive price point opens doors for first-time homebuyers, retirees, or anyone seeking to stretch their housing budget further. Living in Sleepy Eye means embracing a slower pace, where neighbors know each other and community events are a regular occurrence. The town's relaxed atmosphere is perfect for those seeking a tranquil lifestyle, far removed from the stress of larger metropolitan areas.

From an investment perspective, Sleepy Eye presents a compelling case for those seeking value in the real estate market. While the median household income hovers around $63,000, a cost of living considerably lower than the national average means that residents' dollars stretch further. Though specific employment statistics aren't available, the town's stable economy and low crime rates contribute to a safe and secure environment, ideal for families and individuals alike. Sleepy Eye is the perfect place for those prioritizing affordability and community spirit, offering a unique opportunity to own a piece of the American dream without breaking the bank.

Sleepy Eye, Minnesota at a Glance

Sleepy Eye is a city in Sleepy Eye city, Minnesota with a population of approximately 3,452. The median home value is $130,000 and the median household income is $63,163.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $755 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.