salaryRent here is among the highest 10% in the country. A typical house costs about 6.6 years of household income, so buying is hard for most locals. Commutes are long, about 30.3 minutes each way. Most households rent (68%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $150,280 a year. That is $72 an hour at a full-time job.
Is rent cheaper than other New York cities?
No. Rent here is more expensive than in most of New York. It is number 340 of 343 cities from cheapest to most expensive.
How much do households earn in Sleepy Hollow?
Share of households by yearly income. 41.7% of households earn $100,000 or more.
Rent by apartment size in Sleepy Hollow
| Size | Sleepy Hollow | U.S. average |
|---|---|---|
| Studio | $1,814 | $1,338 |
| 1 bedroom | $1,943 | $1,324 |
| 2 bedrooms | $2,316 | $1,509 |
| 3 bedrooms | $2,935 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Sleepy Hollow overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sleepy Hollow, so the New York figure is shown.
Taxes and bills in Sleepy Hollow
Life in Sleepy Hollow
Is it cheaper to rent or buy in Sleepy Hollow?
Renting is cheaper right now: about $1,425 a month less.
Owning assumes a typical $746,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $74,680 for the down payment.
Frequently asked questions
What is the average rent in Sleepy Hollow, NY?
Renting in Sleepy Hollow costs a median of about $3,757 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Sleepy Hollow?
To keep rent under 30% of income, you need about $150,280 a year, or $72 an hour at a full-time job.
Is Sleepy Hollow cheap or expensive?
Sleepy Hollow is rated Expensive: rent takes 40.1% of the typical household income of $112,502. It ranks 340th cheapest of 343 New York cities we track.
How much are property taxes in Sleepy Hollow?
The median homeowner in Sleepy Hollow pays $10,000+ a year in property taxes, about 1.34% of the median home value.
Is Sleepy Hollow more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Sleepy Hollow?
The median home value in Sleepy Hollow is $746,800, about 6.6 times the typical yearly household income.
10,887 people live in Sleepy Hollow. Numbers are typical (middle) values.