Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Located in the state of Minnesota, Sleepy Eye is a smaller city with a population of 3,378 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Sleepy Eye could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Sleepy Eye offers shorter work commutes, with an average one-way commute time taking only 21 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Sleepy Eye, Minnesota could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, health & safety, employment and other key data points, finding the best places to live in Sleepy Eye and in the areas around Sleepy Eye is a much easier task.
The livability score in Sleepy Eye is 76 out of 100 and the city is ranked in the 90th percentile of all cities across America. Compared to the US average, Sleepy Eye ranks among some of the best places to live in the country! Another exciting tidbit, is that Sleepy Eye ranks better than 90% of all US cities! If we dig a little deeper into each category within the livability score, we see that Sleepy Eye has higher than average scores for the following: crime (B), cost of living (A+), education (B-) and housing (A-). There is at least one category that does not have great scores in Sleepy Eye. The following was graded with a disappointing score: amenities (D-).
The unemployment rate in Sleepy Eye has consistently declined over the years and currently stands well below the national average at 1.97%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Sleepy Eye excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Sleepy Eye is actually affordable. The median home price for Sleepy Eye homes is $127,100, which is 33.6% lower than the Minnesota average. If we take a closer look at the affordability of homes in Sleepy Eye, we’ll see that the home price to income ratio is 2.4, which is 20% lower than the Minnesota average.
Statistic | Sleepy Eye | Minnesota | National |
Average one way commute | 21min | 23min | 26min |
Workers who drive to work | 84.9% | 78.0% | 76.4% |
Workers who carpool | 3.3% | 8.7% | 9.3% |
Workers who take public transit | 0.5% | 3.5% | 5.1% |
Workers who bicycle | 0.8% | 0.8% | 0.6% |
Workers who walk | 4.5% | 2.8% | 2.8% |
Working from home | 5.3% | 5.3% | 4.6% |