Cost of Living in Sleepy Hollow, NY

Population 10,592 · New York · Data vintage 2023

205
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Sleepy Hollow sits 148% above the national median — $757,000 for the typical home — but median household incomes near $101,652 (36% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 10 miles north of Yonkers, Sleepy Hollow falls within that metro's commuting orbit. Median home values run roughly 58% higher than Yonkers' $478,000.

Cost Overview

Housing 248
Rent 140

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Sleepy Hollow

The median home value in Sleepy Hollow is $756,700 — 148% above the national median of $305,000. Median rent runs $1,836/month, 40% higher than the national median of $1,314/month. The median household income of $101,652/year is 36% higher than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 60.6°F and lows of 43.4°F. Overall, Sleepy Hollow has a cost of living index of 205 versus the US average of 100, meaning it is 105% more expensive.

🏠 Housing

Median Home Value
$756,700
148% above avg
Zillow Home Value
$975,431
Zillow ZHVI
Median Rent
$1,836/mo
40% above avg
Zillow Rent
$4,331/mo
Zillow ZORI
Price-to-Rent Ratio
34.3x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 34.4%
Renter-occupied 65.6%

💰 Estimated Monthly Budget

Rent median rent
$1,836
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,450/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
34.3 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.8%

Commute Mode

Drove alone
45.6%
Carpooled
7.4%
Public transit
18.0%
Walked
6.1%
Work from home
19.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$101,652
36% above avg
Per Capita Income
$60,695
Unemployment Rate
5.6%
16% above avg
Poverty Rate
6.4%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 19.5%
Graduate degree 22.0%

👥 Demographics

Median Age 39.6
Male median age 36.9
Female median age 43.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
78.6%
Good air days/yr
198
Max AQI recorded
144
PM2.5 days
221
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
11:1
Student-teacher ratio
6
Public schools
3,005
Total enrollment

Frequently Asked Questions

What is the cost of living in Sleepy Hollow, NY?

Sleepy Hollow has a cost index of 205 (100 = national average). It is 105% above the national average.

What is average rent in Sleepy Hollow, NY?

The median gross rent in Sleepy Hollow is $1,836 per month based on 2023 Census data.

What is the average home price in Sleepy Hollow?

The median home value in Sleepy Hollow is $756,700 according to Zillow and Census data.

What is the median income in Sleepy Hollow?

The median household income in Sleepy Hollow is $101,652 per year (2023 ACS 5-year estimates).

What is the sales tax in Sleepy Hollow, NY?

The combined state and local sales tax rate in Sleepy Hollow is 8.5%. The New York state income tax top rate is 10.9%.

Is Sleepy Hollow, NY affordable?

Sleepy Hollow is above average in cost of living, with an index of 205 — about 105% higher than the national average.

What is the weather like in Sleepy Hollow?

Sleepy Hollow has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Sleepy Hollow at a Glance

Population
10,592
Median Income
$101,652
Home Value
$756,700
Median Rent
$1,836/mo
Unemployment
5.6%
Avg High Temp
60.6°F
Sales Tax
8.5%
View all cities in New York →
🗺️ County data for New York

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs