Median Income
$63,163
household / year
Median Home Value
$130,000
owner-occupied
Median Rent
$755
gross / month
Cost of Living
92
national avg = 100

Is Sleepy Eye, MN a Good Place to Live?

Sleepy Eye is a small town of 3,452 in Minnesota, with a median household income of $63,163 and a 4.2% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Sleepy Eye stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Sleepy Eye is right for you depends on your priorities — the full breakdown is below.

All Sleepy Eye city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.5

Sleepy Eye's overall cost of living index is 92.5, where 100 represents the US national average. Living in Sleepy Eye costs roughly 8% less than the average American city.

Metric Sleepy Eye, MN National Avg
Median Home Value $130,000 $244,900
Median Monthly Rent $755 $1,163
Homeownership Rate 84.6% 65.9%
Median Household Income $63,163 $74,755

Crime & Safety

Very Safe

Sleepy Eye's violent crime rate is 114.4 per 100,000 residents — 70% lower than the national average of ~380 per 100,000.

Violent Crime
114.4 /100k
Property Crime
543.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Sleepy Eye is served primarily by SLEEPY EYE PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 11.8:1 (better than the national average of ~16:1).

Metric Sleepy Eye, MN National Avg
School District SLEEPY EYE PUBLIC SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 11.8:1 16:1
Bachelor's Degree or Higher 18.9% 35.4%
High School Diploma or Higher 93.2% 91.1%

Weather & Climate

Sleepy Eye sees average highs of 23.5°F in January and 82.2°F in July, with 31.8 inches of annual precipitation and 38.3 inches of snow per year.

MetricSleepy Eye, MN
Average High — January23.5°F
Average High — July82.2°F
Annual Precipitation31.8"
Annual Snowfall38.3"

Demographics

MetricSleepy Eye, MNNational Avg
Population3,452—
Median Age41.938.9
Unemployment Rate4.2%3.7%
Avg Commute Time15.0 min26 min
White (non-Hispanic)86.9%59.3%
Black or African American0.0%13.6%
Hispanic or Latino12.9%18.9%
Asian0.0%6.3%
Under 1819.7%22.2%
65 and over21.8%16.8%

Nearby Cities

ZIP Codes in Sleepy Eye

Sleepy Eye, MN is covered by 1 ZIP code:

Sleepy Eye vs Other Cities

Frequently Asked Questions

Sleepy Eye's cost of living index is 92, where 100 is the national average. That makes Sleepy Eye roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $130,000 and median rent is $755/month.
Sleepy Eye's violent crime rate is 114.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 543.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Sleepy Eye are operated by SLEEPY EYE PUBLIC SCHOOL DISTRICT. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 11.8:1. 18.9% of adults 25+ hold a bachelor's degree or higher.
Sleepy Eye, MN has a population of 3,452, a median household income of $63,163, and an unemployment rate of 4.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Sleepy Eye averages 23.5°F in January and 82.2°F in July. Annual rainfall is 31.8 inches with about 38.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Sleepy Eye, MN is covered by 1 ZIP code: 56085.
The population of Sleepy Eye, Minnesota is 3,452 with a median age of 41.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Sleepy Eye: cost of living index 92 (100 = US average), median home $130,000, median household income $63,163, crime index 28 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Sleepy Eye side by side with your current city to see the trade-offs.